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Saskatchewan real estate market records highest residential sales in 2 years

Real Estate Coronavirus
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Despite the COVID-19 pandemic, the real estate market in Saskatchewan saw a significant increase in residential sales in March, compared to the same period in the past two years.

Over 1,000 homes were sold last month compared to 925 and 906 in 2018 and 2019 respectively. Comparing sales and sales volume figures since a state of emergency was declared in the province on March 18, to the same period last year showed that while there was a 6.2 per cent drop in total sales and a 9.6 per cent drop in total sales volume, none of this decline affected the residential market.

Sales in Saskatoon were up 6.2 per cent, going from 258 in March 2019 to 274 in March 2020, and up 7.2 per cent in the overall region, going from 346 to 371.

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