June 2022 – Saskatchewan and Regina & Area Market Statistics
In comparison to last year’s levels, June sales have eased. “While sales have been trending down in the province this year, we cannot lose sight of the fact that sales levels are still amongst the highest levels ever recorded in our market and these higher relative levels are still being achieved despite the sharp rise in lending rates,” comments Chris Guérette, CEO of the Association.
As for the New Listings numbers, compared to last year, they have risen almost 9% which has helped support some monthly gains in inventory levels. Even with 6,893 units in inventory, supply levels are still 27% lower than the 10-year average and is one of the lowest levels reported for June.
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