Saskatchewan Real Estate Market Update – April 2025
Posted by Kent Braaten on
Despite a 10% year-over-year decline in home sales, April 2025 marked Saskatchewan’s second-strongest April on record. With 1,470 sales reported, this is the 22nd consecutive month that activity has outpaced the 10-year average, showing the market's underlying strength. However, this drop isn’t about demand—it’s about availability.
New listings were down 7% compared to April 2024, and active inventory sat at 4,371—down 18% year-over-year and a staggering 47% below the 10-year average. These persistent shortages continue to shape Saskatchewan’s real estate landscape.
“We’re not seeing a decline in buyer interest,” explains SRA CEO Chris Guérette. “It’s an inventory issue, not a demand one.”
This tightening has pushed benchmark home prices to a new…
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