Regina home sales near record levels for August despite fewer new listings, report says
Regina home sales in August reached the second highest amount ever for the month, a report from Saskatchewan REALTORS Association says.
There were 320 sales reported in the Queen City throughout August, up five per cent from the same month in 2023 and 19 per cent above long-term trends, according to the report.
Inventory levels continue to be a significant concern the report said, with a 23 per cent year-over-year decline in August for new listings.
It was also 40 per cent below long-term trends, the report said.
In September the benchmark price for a home in Regina was $320,700 up $1,000 from August and nearly five per cent higher than in September of 2023.
Overall, in Saskatchewan the benchmark price was $343,800 in September. Which is down from $344,700 in August but still almost six per cent higher than September of 2023, the report said.
New listings also continue to trend down provincially and were two per cent lower last month than in September of 2023.
“The pullback in new listings relative to sales resulted in a 17 percent year-over-year inventory decline, nearly 40 percent below the 10-year average—the lowest level reported in September since 2007,” the report said.
The province’s other major city saw 432 sales in August, an increase of 16 per cent year-over-year.
Saskatoon’s benchmark price in September was just over $401,000, down slightly from August.
CTVNews.ca Top Stories
More than half of human trafficking incidents in Canada remain unsolved
More than half of human trafficking incidents remained unsolved in Canada by police as the number of incidents increased over the past decade, according to new data released Friday.
Human remains found in Markham, Ont. in 1980 belonged to prison escapee: police
More than 44 years after human remains were found in a rural area of Markham, Ont., police are revealing that the deceased was an inmate who had escaped prison just a month before his body was found.
WATCH 'It's mind-boggling': Drought reveals U.S. town submerged in the 1940s
Hundreds of people are flocking to see a rare site in Pennsylvania: remnants of a historic town that is usually underwater.
Manitoba RCMP identify infant human remains, asking public for help with investigation
Manitoba RCMP are looking for more information after the remains of an infant were identified.
Those typing monkeys will never produce Shakespeare's works, mathematicians say
Talented though they may be, monkeys will never type out the complete works of William Shakespeare, or even a short book, a new study suggests.
Auto theft probe leads to arrest of 59 suspects, recovery of more than 300 stolen vehicles: Toronto police
Toronto police say 59 suspects are facing a total of 300 charges in connection with an auto theft and re-vinning probe.
'I couldn't stay home': Canadian with no prior military training joins Ukrainian forces
In the early days of Russia’s invasion of Ukraine, Adam Oake, a Canadian with no prior military training, sold all of his Toronto Maple Leafs memorabilia to buy a plane ticket.
Children's doctors reporting unusual increase in walking pneumonia cases in Canada
Children's hospitals across the country are seeing an unusual increase in the number of serious and more complicated cases of walking pneumonia affecting much younger patients, according to medical experts.
Video falsely depicting voter fraud in Georgia linked to 'Russian influence actors,' U.S. officials say
A video that purports to show election fraud in Georgia by a man who claims to be from Haiti is fake and the work of "Russian influence actors," U.S. intelligence officials said Friday.