October breaks real estate records in Saskatchewan
Saskatchewan reported the highest monthly real estate sales ever reported in October, according to the Saskatchewan Realtors Association’s (SRA) latest report.
The SRA recorded 1,520 sales in October, over 21 per cent higher than in 2023 and 36 per cent above long-term, 10-year historical averages.
Sales in all regions of the province improved in October, contributing to a year-to-date gain of over eight per cent, SRA says, and nearly all Saskatchewan communities reported year-over-year benchmark price gains.
However, the 16th consecutive month of above-average sales in Saskatchewan led to October inventory being at the lowest point since 2007.