Turnover remains above average
The province recorded 712 home sales in January, extending Saskatchewan’s streak of above-average monthly sales to 31 consecutive months. Inventories remained nearly 50 percent below the 10-year average, with demand continuing to exceed supply in much of the province.
“If you look across the country, many headlines focus on corrections and slowdowns in major markets like Toronto and Vancouver,” said Chris Guérette, CEO of Saskatchewan Realtors Association (SRA). “Saskatchewan’s story is different. Our markets remain tight, but affordability remains our strongest advantage as we head into 2026.”
The number of new homes fell by four percent from a year earlier and remained 27 percent below the historical average, leaving supply largely unchanged from January 2025. Of the 3,508 active homes at the end of the month, almost 700 had already accepted a conditional offer, leaving 2,855 homes available in February.
Prices rise, affordability is maintained
Home prices in Saskatchewan reached $359,500 in January, up slightly from December and almost six per cent higher than a year earlier. Price growth was reported in all communities in Saskatchewan.
“Saskatchewan continues to offer something that is becoming increasingly rare in Canada,” Guérette said. “While it is still early in the year and market conditions will continue to evolve, the combination of stable demand, tight supply and relative affordability in the provinces points to a positive outlook for 2026.”
Regina and Saskatoon
In Regina, January sales were 172, up one per cent from a year earlier and almost 15 per cent above the 10-year average, while inventory remained about 50 per cent below long-term norms. Saskatoon reported 237 sales, down six per cent year-over-year but still seven per cent above the long-term average, as benchmark prices continued to rise in both cities.
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