Regina is a “Buyers’ Market”

Did you know that Regina has been declared a buyers’ market by the Conference Board of Canada? According to the Board, the price of resale homes in the capital city is expected to grow by five per cent year-over-year.

In Saskatoon, the region continues to have a balanced home resale market. While sales and listings of existing homes appear to have dropped in May, the Saskatoon area remains positioned for some short-term price growth.

According to the Board, the Saskatoon region is projected to experience a seven-per-cent or higher increase in the price of resale homes over the next 12 months. However, the Board’s data also shows that the average price of a resale home in the city of Saskatoon has dropped by 1.9 per cent to $284,581 in May.

Are you in the market for a new home in Regina or Saskatoon? Our experts at CENTURY 21 Conexus Realty can help. They have the expertise needed to make your real estate experience a positive one.

Visit Century 21 Conexus Realty Ltd. today.