Between September and October, the price of a new home rose 0.3 per cent in the Saskatoon census metropolitan area (CMA). Nationally, the rate of increase month-over-month is the same as Saskatoon at 0.3 per cent.
However, on a year-over-year basis, the price of a new home in the Saskatoon CMA dropped 3.3 per cent. Nationally, the price of a new home dropped 2.1 per cent between October 2008 and October 2009.
The Regina region, meanwhile, noted no change in the price of a new home between September and October and a 1.7 per cent increase in price year-over-year.