Above average home sales throughout 2024 translated into a record year for Regina that saw nearly 4,000 sales made.
According to a report from the Saskatchewan Realtors Association (SRA), Regina recorded 3,917 sales in 2024 which is an all time annual high.
In December, the city reported 198 sales, a five per cent year-over-year increase and 28 per cent above long-term trends, the report said.
The report also said that record housing demand is still impacting availability in the city.
Regina’s inventory levels decreased by 32 per cent year-over-year which is currently more than 40 per cent below historical averages, the report indicated.
The benchmark price for a home in the Queen City in December was $313,400, more than five per cent higher than in December of 2023, but down slightly from November 2024.
Provincially, the report says that Saskatchewan as a whole saw it’s second-best year on record sales …