Saskatchewan sales soared in November rising 26.4% since last November and since the beginning of the year to 1,361. Not only did November set a new record high for sales but the long term averages grew over 50%. The province is on track to reach record high sales this year. With that being said, Saskatchewan REALTORS® Association CEO Chris Guérette states why she believes the rise in sales - “Concerns over inflation have left many anticipating that rates will rise earlier than expected in 2022. This has likely supported the recent shift in sales as buyers want to get ahead of any rate gains.”
With the number of Sales rising up to 1,361 but the New Listings totaling 1,521 units, the Sales-to-New- Listings ratio has risen to nearly 90% which is the
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