When it comes to transparency in real estate, the Saskatchewan Real Estate Commission (SREC) requires strict adherence to the rules—especially when a licensed real estate professional is personally involved in a transaction. That’s where the Disclosure of Interest in Trade form (Form #802) comes in.

Let’s break down what this form is, why it matters, and what buyers and sellers need to know.

What Is the Disclosure of Interest in Trade?

The Disclosure of Interest in Trade is a mandatory form required under The Real Estate Act of Saskatchewan when a registered agent is involved in a transaction either directly or through an associate or immediate family member. This form must be provided before any agreement is entered for the acquisition,…

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In Saskatchewan real estate, a Limited Dual Agency arrangement arises when a brokerage represents both the buyer and the seller in the same transaction. This scenario is governed by the Saskatchewan REALTORS® Association's Limited Dual Agency Acknowledgement Form (Form 204, revised 01/2023), which outlines how these relationships are managed to ensure fairness, transparency, and compliance with legal obligations.

What is Limited Dual Agency?

Limited dual agency occurs when:

  • The same brokerage represents both the buyer and seller.

  • The same salesperson, or different salespeople from the same or different branches of the brokerage, act for both parties.

This situation requires explicit acknowledgment from both buyer and seller, ensuring…

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What is a Property Condition Disclosure Statement (PCDS) and Why It Matters in Saskatchewan Real Estate?

When buying or selling a home in Saskatchewan, transparency is key. The Property Condition Disclosure Statement (PCDS)—developed by the Saskatchewan REALTORS® Association—is a form designed to help sellers disclose what they know about the condition of a property. It’s an important tool for both parties to reduce risks and promote an honest transaction.

Seller Responsibilities

Sellers are encouraged, but not legally required, to complete the PCDS. However, even if they decline to fill out the form, they are still legally obligated to disclose known material defects—especially those that are not easily visible (called latent defects). Sellers can…

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Why Sold Data Isn’t Public on Real Estate Agent Websites

In today’s digital world, it might seem surprising that sold property data isn’t freely available on real estate agent websites. However, strict privacy regulations and industry standards in Saskatchewan—and throughout Canada—govern what can be shared about sold homes.

As a licensed real estate professional, I often receive questions about why website visitors must register or request permission to view sold data. The answer lies in protecting personal information and respecting the rights of both buyers and sellers after a transaction is complete.

The Saskatchewan Real Estate Commission’s Position

This approach isn’t arbitrary—it's based on the Saskatchewan Real Estate Commission’s (SREC)…

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Saskatoon Real Estate Update: Single-Family Home Prices Hit $507,000 in May

The Saskatoon housing market continues its record-setting trajectory with the average sale price of a single-family home hitting $507,500 in May 2025. This marks a substantial jump from May 2024’s average of $475,000—an increase of $32,000 year-over-year.

Tight inventory remains the driving force behind this price growth. With more buyers than available listings, bidding wars and upward pressure on prices are becoming increasingly common. This imbalance between demand and supply is a key factor contributing to the month-over-month increases we’ve seen throughout 2025.

As a local real estate professional who began their career in 2010, I missed the last major boom in…

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As Saskatoon continues to grow, new home construction remains essential in addressing both population expansion and housing shortages. With inventory levels across the city remaining low, newly built homes are key to create a balanced and sustainable housing market.

A recent policy shift by the City of Saskatoon has opened new possibilities for builders and buyers alike: basement suites are now permitted in semi-detached homes. This change is expected to encourage the development of more affordable multi-family options, making better use of available land and offering added income potential for homeowners.

Development is active on both sides of the city. On Saskatoon’s east side, neighbourhoods like Brighton and Aspen Ridge are leading the way with…

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Before you start browsing listings and booking home viewings, there’s one critical step every buyer should take—getting mortgage pre-approval. Not only does this help define your budget, but it also shows sellers you’re serious and financially ready.

Here’s what you need to gather to get mortgage approval:

1. Income Documentation

If you are an employee:

  • Letter of Employment (dated within 60 days)

  • Most recent Paystub (dated within 30 days)

  • Most recent T4 (required if income includes hourly, bonuses, commissions, or overtime)

If you are self-employed (sole proprietor):

  • Notice of Assessment (NOA)

  • T1 General Tax Return

  • Statement of Business Activities (T2125)

  • Proof of Tax Payment (if any balance is…

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Why Saskatoon's Real Estate Market Continues to Thrive

As Saskatchewan’s largest city, Saskatoon offers a vibrant and ever-evolving real estate landscape. The city has experienced consistent growth over the years, with a strong demand for housing driven by a diverse population, expanding job market, and an active development scene.

Diverse Inventory Across the City

Saskatoon’s real estate market has something for everyone—from first-time buyers to seasoned investors. Newer neighbourhoods like Brighton, Aspen Ridge, and Kensington are seeing a surge in development. Here, buyers will find a mix of modern townhomes, apartment-style condos, and spacious single-family homes.

Meanwhile, the city’s core areas—including Nutana, Haultain, and City…

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Saskatoon Opens the Door to Secondary Suites in Semi-Detached Homes

In response to increasing pressure on housing availability and affordability, the City of Saskatoon has officially approved a significant zoning change: property owners of semi-detached homes can now add secondary suites. This pivotal decision will bring long-term benefits to homeowners, investors, developers, and future buyers.

With inventory at historically low levels and the demand for housing steadily rising, this move by city council offers a practical solution. By legalizing secondary suites in semi-detached dwellings, Saskatoon is empowering current homeowners to generate rental income from their properties and making it easier for buyers to qualify for a mortgage using…

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What to Know Before Buying a Home with a Basement Suite in Saskatoon

Adding a basement suite to your real estate purchase is a smart way to offset your mortgage, boost resale value, or house extended family. In Saskatoon, homes with secondary suites are in high demand—but not all suites are created equal. Whether you're buying your first home or adding to your investment portfolio, here's what you need to know.

Legal & Regulatory Considerations

Before anything else, confirm whether the basement suite is legal or non-conforming. The City of Saskatoon has specific zoning requirements (R2, R2A, RM, etc.) that determine whether a home can have a secondary suite. Always ask the seller or your REALTOR® for building permits, suite registration, and fire…

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