Similar to the month of April, sales in May have increased compared to the start of the year. Although sales have increased since the beginning of 2022, compared to last May’s sales of 1,853, this May’s sales were 1,814, dropping by 1.8%. Since the beginning of the year, sales in Saskatchewan totaling 6,682, have dropped 11% compared to last year’s January-May sales, but the long-term trend which is the compiled 10-year average from the current year to 10 years from now is more than 27% higher.
According to Chris Guérette, CEO of Saskatchewan REALTORS® Association, “While demand for homes in Saskatchewan has remained relatively strong so far this year, we did not go through the same early demand surge as some markets. In fact, our market is
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