REGINA

The Regina real estate market remains strong as we head into the new year, despite the typical seasonal slowdown in December.

Sales

Regina saw 164 home sales in December, down 17% from last year, which is normal for the holiday season. Even so, sales were 4% above the long-term average. Overall, 2024 was a record year, and 2025 stayed close to that pace, with sales only 2% lower than last year and still 24% above the 10-year average.

Inventory

Inventory continues to be the biggest challenge. Active listings are nearly 50% below the 10-year average. Of the 475 homes listed at year-end, 126 were already conditionally sold, leaving just 349 active homes heading into 2026. This keeps competition high.

Prices

The benchmark home price in December was $330,900, up from November and nearly 7% higher than last year, showing steady price growth driven by low supply.

Investor Insights:

Regina continues to offer a stable and attractive market. Low inventory, nearly 50% below the long-term average, supports steady price appreciation and limits downside risk, with benchmark prices up nearly 7% year over year. Tight supply and strong buyer demand also help sustain rental demand and rental rates, making well-located properties appealing for long-term holds. While fewer discounted opportunities exist, investors who focus on solid cash flow, value-add potential, and quick decision-making are well positioned to succeed in Regina’s market.

SASKATOON

Saskatoon’s real estate market finished the year strong, continuing to show solid demand and limited supply.

Sales Activity

There were 270 home sales in December, up 6% compared to last year and nearly 24% above the 10-year average. Overall, 2025 was the second-strongest year on record for Saskatoon, with 5,113 total sales, up almost 2% from 2024and 22% above the long-term average.

Inventory & Competition

Saskatoon remains the tightest market in Saskatchewan, with just over two months of supply. Inventory levels are about 50% below the 10-year average, which continues to drive competition. Of the 569 homes listed at year-end, 130 were already conditionally sold, leaving 439 active listings heading into January.

Prices

The benchmark home price in December was $417,700, slightly lower than November but over 6% higher than this time last year. This reflects healthy, steady price growth rather than market instability.

Investor Insights:

Saskatoon remains a strong market driven by low inventory and consistent demand. With supply sitting at about two months and listings roughly 50% below the long-term average, prices continue to be well supported, showing over 6% year-over-year growth. The tight market also helps sustain rental demand, as more buyers remain in the rental pool. While competition limits deep-discount opportunities, investors who focus on solid cash flow, long-term appreciation, and well-located properties are well positioned in Saskatoon’s market.

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