Saskatoon Real Estate Market Update: Record Prices Continue in May 2026
Posted by Jill Bird on
Saskatoon Real Estate Market Update: Record Prices Continue in May 2026
The Saskatoon housing market remains one of the strongest real estate markets in Saskatchewan, with tight inventory levels continuing to push home values higher. While sales activity moderated slightly compared to last year, demand remains exceptionally strong, resulting in a new record benchmark price for residential properties.
A Market Defined by Low Inventory
In May 2026, Saskatoon recorded 519 residential sales. Although this represents a modest four per cent decrease compared to May 2025, sales were still more than 10 per cent above the city's long-term average.
The biggest story continues to be inventory. At the end of May, there were just 837 residential properties…
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