October 2019 Review:
Saskatoon’s Real Estate market continues to see positive number in October. The dollar volume had an increase of 5% over last year at this time and year to date is up 6%. Activity levels were quite strong leading up to the election but we have noticed things slow down post election. The units being listed saw a slight increase of 1% over last October but year to date we are still down 2%. This consistent decrease throughout the year, has helped keep inventory levels remain quite low at just under 1700 listings. Units sales saw an increase of 7% over last October and year to date is up 7%. Even though these numbers are better than last year we have a long way to go before Saskatoon sees an increase in property values.