The number of active listings in the city remained at 20-year-plus highs, according to the Association of Regina Realtors®. The high inventory carried over from 2014 and has steadily increased in 2015. There were 1,549 homes for sale at the end of the month. This is the highest number of homes for sale at this time of the year in over 20 years.
Close to one-third of active listings ...
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We are now entering the busy second quarter of the year when there are typically more buyers looking for homes with mid-year possession dates. There continues to be an elevated number of listings in the city giving buyers plenty of options in all price ranges and locations.
In March, the MLS® Home Price Index, which is a more accurate measure of housing price trends than the average ...
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The elevated number of active listings in the city that developed in 2014 is having a definite impact on the current market. Buyers currently have more choice and selection than has been the case for many years. Sellers are advised to carefully set the asking price to reflect these market conditions, otherwise the home may not attract showings or offers. If you’re thinking about selling, ...
There were 1,671 homes listed for sale in the Regina area at the end of January, up 21% over 1,379 in 2014. There were 1,016 homes listed in the city - an increase of 22% from 833 last year and up 82% from 558 in 2013. The number of listings is continuing at 20-year plus highs and is having a significant impact on the market, according to the Association of Regina REALTORS® Inc.
Pricing ...
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During the month there were 386 homes sold in the Regina area including bedroom communities. This is up 22% from 316 reported in September 2013, based on reports through the Association of Regina REALTORS® Inc.MLS® System.
This is the highest number of sales ever in September and was well above the 5 and 10-year average.
At the end of September, 1,349 properties were ...
Last month, 348 home sales were reported in the Regina area including bedroom communities. This is down 8% from 379 reported in 2013 while inventory of homes for sale continued to rise to long-term highs, based on reports through the Association of Regina REALTORS® Inc.MLS® System.
At the end of August there were 1,433 properties for sale inside the city of Regina compared to 1,038 ...
Despite a drop in year-over-year activity, the number of sales in July was up over the five and ten-year averages while the inventory of homes for sale continued to rise to long-term highs, based on reports through the Association of Regina REALTORS® Inc.MLS® System.
There were 392 residential sales during the month in all geographic areas, down 7% from 420 in 2013.
At the end of ...
Despite a drop in June, sales for the first half of the year for Regina and area are virtually on par with last year, based on reports through the Association of Regina REALTORS® Inc.MLS® System.
Statistics for June 2014 compared to June 2013:
There were 358 residential sales during the month in all geographic areas, down 9% from 394 reported in 2013
Year-to-date 1,823 sales have ...
There is a charming sense of nostalgia to one of Reginas newer subdivisions: The Greens on Gardiner. Located in southeast Regina, this community offers pleasing streetscapes, inviting green spaces, pedestrian-friendly walkways and grassy boulevards more often associated with mature neighbourhoods.
The development incorporates numerous environmentally-sustainable practices, such as ...
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After a slow start for the first four months of the year, buyers coming into the market in May caused sales to surge to their highest level in 2014 although the supply of listings on the market remains high, based on reports through the Association of Regina REALTORS® Inc MLS® System.
Statistics for May 2014 compared to May 2013:
There were 421 sales during the month, the exact number ...
After a slow start for the first three months of the year, we are now into the busy spring period and the supply of listings on the market remains very high, based on reports through the Association of Regina REALTORS® Inc MLS® System.
Statistics for April 2014 compared to April 2013:
Sales increased 16% from 339 to 393, in the city sales increased 14% from 279 to 318
Active Listings ...
In Regina and area, residential construction was down slightly in March, with 182 total housing starts compared with 209 for the same period last year, according to the latest report from Canada Mortgage and Housing Corp., (CMHC). Elevated supply levels from 2013 and prolonged winter weather have prompted some builders to delay initiating new projects so far this year.
Of the 182 total starts, ...
In Regina and area, there were 1,714 active listings on the market at the end of March, up 29% from 1,332 in 2013. In the city, 1,062 homes were listed for sale, an increase of 46% from last year's 728. This is the highest number of homes for sale at the end of the first quarter in the last 10 years. There were 721 new listings placed on the MLS® system in March, up 23% from ...
In Regina and surrounding areas, there were 1,526 active listings on the market at the end of February, up 25% over 2013's 1,210. There were 924 homes for sale in the city, an increase of 39% from last year's 664. With this in mind, sellers are advised to set their asking price according to these market conditions, otherwise the property may not attract showings or offers.
There ...
Housing starts in Saskatchewan are expected to decline slightly from 8,290 in 2013 to 7,700 in 2014 and 7,500 in 2015, reflecting the slowdown in the potash industry, according to the Canada Mortgage and Housing Corp. (CMHC).
Economic activity in Saskatchewan will be held back by lower potash prices, which will impact production and investment in this sector. Meanwhile net migration ...
Very cold January temperatures were consistent with a cool start to the residential real estate market with 168 homes sold which is down 7% from January 2013 when 181 sales were reported by the Association of Regina REALTORS®. The number of homes sold was also below the five-year average of 199 and the 10-year average of 184 for the month. There were 143 sales in the city, ...
Regina's real estate market proved to be a decent year with balanced market conditions prevailing for much of the year according to year-end statistics reported by the Association of Regina Realtors® Inc.
There were 3,718 residential sales recorded during the year on the multiple listing service (MLS) in the Regina area, down 7% from 2012 when 3,991 properties changed hands. There were ...
Regina home builders built more homes in 2013 than at any time in the last 35 years. There were 3,122 total housing starts in 2013, according the Canada Mortgage and Housing Corp. (CMHC)
Records at the Regina and Region Home Builders Association show that the 3,122 starts in 2013 has only been exceeded by those in 1977, when there were 3,497 housing starts.
2013 has also been one of the ...
Regina's real estate market proved to be a decent year with balanced market conditions prevailing for much of the year according to year-end statistics reported by the Association of Regina Realtors® Inc.
There were 3,718 residential sales recorded during the year on the multiple listing service (MLS) in the Regina area, down 7% from 2012 when 3,991 properties changed hands. There were ...
As of October 1, 2013 there were 1,114,170 people calling the province home.
This is an increase of 5,867 in the previous three months and close to 19,800 over the past year.
If you're wondering where the people are coming from, the vast majority of the population gain was due to new international migration of 3,510. There was also a natural increase of 1,720 (births minus deaths) and net ...
Building permits issued in November 2013 totalled $103.8 million according to the City of Regina's monthly report. This is an increae of 60% from the $64.9 million in November 2012.
Of course, non-residential construction accounted for most of the increase. The city has seen a decade of steadily rising building permit values.
Mayor Michael Fougere stated that November was a month of tremendous ...
In the Regna area, 259 homes sold in November, up 10% from the 235 sales in November 2012. The number of sales was above the immediate past five-year average of 248 and well above the ten-year average of 228 for the month. This is the fourth highest level of sales in the past 10 years as reported by the Association of Regina REALTORS® Inc.
Statistics for November 2013 compared ...
In its latest monthly report, the Association of Regina Realtors reported that there were 309 homes sold in the Regina area in October. This figure is down 3% from October 2012 when 318 homes sales were reported.
Year-to-date, 3,266 homes have been sold in the Regina area, down 9% from the first 10 months of 2012 when 3,576 sales were reported. In the city, there have been 2,661 sales, ...
After a relatively slow start to the year, sales activity has really picked up in June and July, according to the monthly report from the Association of Regina REALTORS® Inc.
Statistics for July 2013 compared to July 2012:
Sales in Regina and area:
up 7% - from 381 to 409
Sales in the city:
up 14% - from 297 to 338
Average ...
Home sales in Regina and area in June were the second highest this year, but down from the same period last year, as stated in the monthly report from the Association of Regina REALTORS® Inc. (Multiple Listing Service).
Statistics for June 2013 compared to June 2012:
Sales in Regina and area:
down 8% - from 423 to 389
Sales in the city:
down 6% - ...
Home sales in Regina and area in April were down from April 2012, based on reports through the Association of Regina REALTORS® Inc MLS® System.
Statistics for April 2012 compared to April 2013:
Sales down 24% - from 411 to 336
Sales in the city down 20% - from 349 to 280
Average sale price up 1% - from $312,412 to $316,606
Average sale price in the city down slightly - from $319,583 ...
In March, we saw the average sales price increase 9% while unit sales saw a decline.
For the eighth consecutive month residential sales have been down year-over-year from 2012, according to the Association of Regina REALTORS® Inc. Sales for the year-to-date are down 25% with 684 being reported during the first quarter, compared to 913 in 2012.
The average sales price in all market areas for ...
For the seventh consecutive month, sales activity has been below the activity of the previous year, according to statistics reported by the Association of Regina REALTORS®. The amount of listings coming onto the market is picking up. The increased supply plus with the strong local economic activity, job and population growth, and a tight rental market, provides the components for a strong, healthy ...
Very cold January temperatures were consistent with a cool start to the residential real estate market with 181 homes sold which is down 27% from January 2012 when 247 sales were reported by the Association of Regina REALTORS®. The number of homes sold was also below the five-year average of 222 and slightly below the 10-year average of 184 for the month. There were 155 sales in the city, a decrease ...
Construction of housing of all kinds in Regina last year saw a significant increase over 2011, according to reports by the Canada Mortgage and Housing Corp. In Regina and surrounding communities 1,289 single-detached units were started, a 35% increase over 2011. Condominium, rowhouses and apartments saw an even great increase - starts rose by 83% to 1804 units (736 in 2011).
The Regina & District ...
Regina's real estate market posted another record breaking year in 2012 according to year-end statistics released this week by the Association of Regina Realtors® Inc.
There were 3,922 residential sales recorded on the multiple listing service (MLS) in the Regina area, up slightly over 2011 when 3,909 properties changed hands. This is the second highest number of sales in a year. The highest ...
During the month of November there were 228 sales in the Regina area which includes bedroom communities like White City, Pilot Butte and Emerald Park. This is 27% down from the record high of 312 recorded a year ago. There were 194 sales in the city, a decrease of 25% from 2011 when 258 properties sold. Year-to-date, there have been 3,743 sales, an increase of 2% from 2011's 3,684. according to the ...
The Association of Regina REALTORS® Inc. (Multiple Listing Service) is reporting a moderate decline in residental sales in September compared to the same month a year ago. Current year-to-date sales are still up 6% compared to 2011. There were 265 sales in Regina and area during the month. This is the lowest level of sales and the first time that it has not exceeded the 300 mark since January. ...
Based on reports through the Association of Regina REALTORS® MLS® System, many key records indicate that we are experiencing a very active real estate market.
Statistics for April 2012 compared to April 2011:
Regina (within city limits):
Sales were up 17% - from 299 to 351
Average sale price was up 17% - from $274,626 to $320,123
Homes sold in an average of 23 days at ...
It's official - spring is here and we are experiencing an active real estate market. Based on reports through the Association of Regina REALTORS® MLS® System, the first quarter activity reflects that the strong economy is continuing.
Statistics for March 2012 compared to March 2011:
Sales in Regina and area were up 18% - from 317 to 374
Sales in the city were up 8% - from ...
