Found 2 blog entries tagged as saskatoon market update.

August 2025 was another historic month for Saskatoon’s real estate market. The city reported 451 sales, a slight 1% decrease year-over-year, but still well above the 10-year average.

New listings fell 10% year-over-year, with 650 properties brought to market. Inventory closed the month at 910 units, down 4% from last year. Notably, nearly one-third of those listings were already conditionally sold, leaving just 643 available heading into September.

The biggest story is pricing. Saskatoon’s benchmark residential price climbed to $435,900, up from $432,700 in July and 7.7% higher than August 2024. This marks yet another all-time high, reflecting continued buyer demand in the face of limited supply.

Detached homes led the way with a benchmark of …

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If you’re at all interested in economics, supply and demand, or market behaviours, the past 9 months will likely have intrigued you. It was almost like the boomer effect, only this time it would be more aptly named the “pandemic effect”—a storm of supply shortages, making it hard to find a wide variety of things, ranging from toilet paper to RV’s.

Many who were lucky enough to make the transition to working from home in March were buying up all the computers and laptops, while others were hoping to find a new gaming system to use while they were stuck at home with nothing to do. There were so many home renovation projects happening this spring that the price of lumber was the highest it’s been, ever. And the warmer weather created a wave of people…

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