Market Updates Blog Articles

Regina Real Estate Market Slow, but Steady.

Regina Real Estate Market Slow, but Steady.

Based on sales activity during the month of October, home sales in Regina were in line with recorded sales over the last 2 years but were still below long-term averages. In summary, our Regina real estate market is holding. It hasn’t decreased significantly in sales or average home prices for the…

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Sales SURGE in September for Regina Homes for Sale

Sales SURGE in September for Regina Homes for Sale

Real Estate markets are unpredictable. We have suspicions of what’s going to happen one year to the next but until the stats come out we really have no idea. This month in September, I am very pleased AND surprised that the ratio of sales to new listings for the month was 68% in the city. The…

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Is the Regina Real Estate Market Balancing out?

Is the Regina Real Estate Market Balancing out?

New listing activity and sales for the Regina real estate market during the month of July are comparable to market conditions in 2018 but are below five and ten-year averages. With about a 50% list to sale ratio, July felt like a balanced market for many buyers and sellers. Our Regina market has…

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Regina Home Sales Soft in June

Regina Home Sales Soft in June

“Based on activity through the Regina and area MLS® System, Regina homes sales in June were below both 2018 and long-term averages, said the Association of Regina REALTORS® Inc. ” These aren’t exactly the words you want to hear during what is supposed to be the busiest time of year for home…

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The Market & Regina MLS Listings Surprise in May!

The Market & Regina MLS Listings Surprise in May!

MLS® System activity in Regina through the month of May 2019 shows the first decline in sales following the strong start we have experienced during the first 5 months of 2019. Everything reaches a tipping point--- especially real estate markets. Still, I am thrilled so see Regina MLS listings…

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Regina Real Estate Surges in April!

Regina Real Estate Surges in April!

Regina real estate sales in April has surprised us all, in a good way! From an industry professional perspective, I think that since the banks have cooled off and rates have come down, the fear most of our population has been feeling has diminished. We know housing prices are down, we know the…

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1<sup style="font-size: 17px;">st</sup> quarter of Regina housing market better than 2018!

1st quarter of Regina housing market better than 2018!

Based on the market activity recorded in the first quarter, it appears that 2019 is off to a better start than 2018. I’m going to make a bold prediction that the first two quarters of 2019 will be better than what we saw in 2018 (keeping in mind that 2018 was the worst year for sales in over 20…

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February Regina Real Estate Market Update

February Regina Real Estate Market Update

Cautiously optimistic are the words best used to describe the increase in sales and decrease of listings the Regina real estate market experienced in February. February was a very good month for many buyers and sellers. The sales to listing’s ratio were at an astonishing 56%; which indicates…

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Real Estate in Regina Off to a Good Start in January

Real Estate in Regina Off to a Good Start in January

Hello everyone, We are officially 1/10th of the way into the year. January is over and the beginning of February has been painfully, painfully cold. But real estate in Regina seems to have warmed up a bit, with January being a fairly decent month for home sales. Government officials and lobbyist…

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Real Estate in Regina Unchanged In October

Real Estate in Regina Unchanged In October

Usually, by October we can start to see how the rest of the year is going to unfold, whether or not November and December will be strong months for real estate in Regina or if buyers and sellers will be caught up in the chaos of the cold and holidays. While we are finally able to see how the entire…

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Regina Real Estate Review for September 2018

Regina Real Estate Review for September 2018

Not much has changed going into the 4th quarter of the year. A Regina real estate review in September confirms that our market has been affected by the mortgage changes and that we are in a buyer’s market. Sales are down, inventory is up and days on market has increased since last…

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Regina Housing Market Slow in August 2018

Regina Housing Market Slow in August 2018

What goes up, must come down, right? In July, it looked like sales and prices were improving but it appears that is not the case. The Association of Regina Realtors and other industry related people are saying that the slow sales are a result of the mortgage changes we saw earlier this year. I do…

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Regina Real Estate | July 2018

Regina Real Estate | July 2018

While the data for Regina real estate during the month of July doesn’t show massive improvements, it is headed in the right direction! Sales for July 2018 were just slightly up from sales in 2017. Several factors are still playing into our slower market; the economy, mortgage changes, government…

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Real Estate in Regina Heading Towards Stability in June

Real Estate in Regina Heading Towards Stability in June

Real estate in Regina has demonstrated a weak housing market in 2018. Though residential sales for June of 2018 don’t match June 2017’s number, it was a stronger month for home sales. Dozens of factors are currently playing into the downturn of our housing market here in Regina. The government,…

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May Numbers for Regina Housing Market

May Numbers for Regina Housing Market

The Regina housing market has been on a decline for the last few months. Sales are down, average days on market is up and inventory levels are breaking records. For the May year-to-date there have been 1,210 sales recorded in all areas, a decrease of 6. 3% from 1,292 in 2017. Which realistically is…

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Regina Housing Market Doesn't Pick Up In April

Regina Housing Market Doesn't Pick Up In April

The Regina housing market in April was similar to March. It was slower than usual! I was really hopeful that the extra snow dump we got in March was the reason behind the lack of sale’s but I have to be honest, seems like the market just isn’t doing very well right now. Which isn’t great…

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Regina Housing Market Disappointing in Month of March

Regina Housing Market Disappointing in Month of March

Along with a lack of warm weather, the Regina housing market didn’t heat up like we expected it to. Maybe the abnormally cold weather for this time of year has contributed to the lack of home sales. Let’s look at what happened in March: “The number of residential sales reported through…

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Regina Real Estate Acting Odd In February

Regina Real Estate Acting Odd In February

What appears to be a declining market is the result of high inventory and low firm sales. This puts pressure on Regina real estate and causes the overall market to lean towards a buyer’s market, providing buyers plenty of choices and drives home prices downwards.   Regina Real Estate home…

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Houses In Regina For Sale Off To A Good Start In January!

Houses In Regina For Sale Off To A Good Start In January!

Houses in Regina for sale are off to a solid start when compared to 2017 and 2016 numbers’, said the Association of Regina REALTORS® Inc. There were 143 sales reported in the city for the entire month of January, an increase of 2. 8% from 2017 when 139 sales occurred. The number of sales in…

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