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
Live U.S. election results: Trump wins Florida in AP race call
Donald Trump won Florida on Tuesday for the third consecutive election, earning the state's 30 electoral votes, according to AP.
Polls in swing states begin to close as sharply divided America chooses between Harris and Trump
A divided America weighed a stark choice for the nation's future Tuesday as a presidential campaign marked by upheaval and rancor approached its finale.
Who's going to win? The election prediction roundup
Outlets across the United States have been crunching numbers, parsing polls and working their magic models to predict the outcome of Tuesday’s presidential election.
How exit polls work and what they will tell us on election night
Exit polls are a set of surveys that ask voters whom they voted for, as well as additional questions about their political opinions, the factors they considered in the election and their own backgrounds more broadly.
These swing states will likely decide the U.S. presidential election
These swing states will most likely determine the path to the presidency, with candidates needing to win some combination of votes to get them across the 270 mark to secure a majority.
Hoax bomb threats linked to Russia target polling places in U.S. battleground states, FBI says
Hoax bomb threats, many of which appeared to originate from Russian email domains, were directed on Tuesday at polling locations in four battleground states - Georgia, Michigan, Arizona and Wisconsin - as U.S. election day voting was underway, the FBI said.
Trump campaign denies and revokes journalists' election night credentials after critical coverage
Journalists from multiple news organizations have been denied credentials to former U.S. President Donald Trump’s election night watch event in West Palm Beach, Florida, in retaliation for their coverage of Trump’s campaign.
Trump snaps at reporter when asked about abortion: 'Stop talking about that'
Donald Trump is refusing to say how he voted on Florida's abortion measure -- and getting testy about it.
Tropical Storm Rafael strengthens to Category 1 hurricane as it barrels toward Cuba
Tropical Storm Rafael strengthened into a Category 1 hurricane on Tuesday as it swirled past Jamaica and chugged toward western Cuba.