Properties for sale in Saskatoon have reached a high not seen since 2008. By the end of last month there were 1,615 properties listed on MLS, 932 of these were newly added during the month.
The average price has increased by 3 per cent in a year with high-end properties boosting the average to $356,800.
The Saskatoon Region Association of Realtors suggests that people are taking vacations rather than homebuying but is not concerned that the volume of listings signals a slowdown.
Property listings have increased by 15 per cent in a year, but so have sales.
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate
More market watch: