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.

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