Those in the province who are house hunting this summer are likely having a tough time thanks to current trends. Saskatchewan continues to see low inventory levels in what’s usually the busiest season for home buying. According to the Saskatchewan Realtors Association (SRA), buyers are facing limited choices despite relatively high market activity. “Summer is usually when buyers expect to have the most choice, but this year the market continues to feel much tighter than people would expect,” SRA CEO Chris Guérette said in an update. Sales were down 11 per cent in July compared to last year’s record-setting pace, according to the SRA’s report released Monday. However, this is still above long-term historical levels. Through the first seven months of 2026, sales are more than eight per cent above the 10-year average. While sales activity is still strong, inventory levels continue to lag behind historical norms. “For consumers, that means finding the right home can still require patience, preparation and a clear understanding of what’s happening in their local market,” Guérette said. Saskatchewan had 4,792 properties for sale at the end of July but almost 950 of them were already conditionally sold. The remaining 3,858 listings are 50 per cent below the provincial long-term average for July. July saw 2,453 new listings enter the market, a figure that also trails historical norms. Prices The supply issues have also affected home prices, which continue to rise across the province. July’s provincial benchmark price dropped from June’s record high amount but still remains four per cent above 2025’s price. “Markets like this reinforce the importance of local knowledge and trusted advice,” Guérette said. “Every community across Saskatchewan is experiencing these conditions in a different way. Whether someone is buying their first home, relocating to another community or preparing to sell, understanding local inventory, pricing and market has never been more important.” Regina Regina reported 382 residential sales last month, down seven per cent from 2025 but still 18 per cent higher than the 10-year average for July. The report found that new listings “improved modestly” throughout July, but a steady number of sales offset any meaningful inventory relief. Seven hundred and fifty-five units were available by the end of the month but 208 were conditionally sold and expected to exit the market. Regina’s residential benchmark price sat at $349,800 in July, down from June’s record $356,400 and three per cent higher than last year. Saskatoon Saskatoon had 539 residential sales in July, a figure 11 per cent lower compared to the same time last year. However, sales for the Bridge City were still 18 per cent above the 10-year average. Like Regina, listings improved modestly throughout July, but higher-than-average sales prevented significant inventory relief. Saskatoon had 928 available residential units, 244 of which were conditionally sold. The city’s residential benchmark price was $447,600 last month – down from a record $448,400 in June but still four per cent higher compared to last July. Regional highlights All regions across the province reported year-over-year sales declines, save the northern region. Much like Regina and Saskatoon, five economic regions still reported sales above the 10-year historical average. All six regions also reported higher prices in July. The Saskatoon-Biggar and Regina-Moose Mountain regions reported the tightest market conditions in the province. All but two Saskatchewan communities reported higher prices in July. Six communities set new record benchmark prices – the fourth consecutive month of records being reported across the province. Estevan reported the strongest price growth for the second straight month, as its prices went up eight per cent from last year. Estevan’s average benchmark price was $250,800. North Battleford (six per cent), Humboldt (six per cent), and Melville (six per cent) also saw price jumps.
