09/21/2026
Canada’s housing market is slowing. Saskatoon? Not quite. 🏡
It’s easy to see a national housing headline and assume it describes what’s happening here.
But real estate is intensely local.
CREA’s July figures showed Canadian home sales 5.3% lower than a year earlier, while the national benchmark price was down 3.3% year over year.
Now look at Saskatoon.
We recorded 446 residential sales in August. That’s down only 1% from last year and still 7% above long-term historical levels.
Our benchmark price reached $444,700, approximately 3% higher than August 2025.
And even after a welcome 12%+ increase in new listings, Saskatoon entered September with only 726 active properties after conditional sales were accounted for, representing approximately 1.63 months of supply.
That’s why the national story and the Saskatoon story can feel so different.
Real estate isn’t one Canadian market. It’s hundreds of local markets behaving differently at the same time.
If you’re buying or selling here, the numbers that matter most are the ones in your neighbourhood, your property type and your price range.
Thinking about making a move? Send me a message and let’s look at what the Saskatoon market means for you.