As housing markets in several major Canadian centres grapple with corrections and cooldowns, Saskatchewan is heading into 2026 with a very different narrative — one marked by consistent sales, tight supply, and a level of affordability that remains a competitive edge in the national landscape.
Above-Average Sales: 31 Months and Counting
Saskatchewan began the year with 712 home sales in January, extending the province’s impressive streak to 31 consecutive months of above-average monthly sales. While many parts of Canada are seeing slower resale activity, Saskatchewan continues to defy that trend.
- Inventory remains tight — sitting at nearly 50% below the 10-year average.
- Demand continues to outpace supply across most of the province.
“Saskatchewan’s story is different,” said Saskatchewan Realtors Association (SRA) CEO Chris Guérette. “Our markets remain tight, but affordability continues to be our strongest advantage as we head into 2026.”
Limited New Listings
- New listings fell 4% year-over-year, and are still 27% below historical averages.
- Out of 3,508 active listings, nearly 700 had conditional offers by month’s end — leaving only about 2,855 truly available properties heading into February.
These numbers reinforce just how tight the resale housing supply remains, particularly in larger centres like Regina and Saskatoon.
Prices Up, But Affordability Holds Strong
Saskatchewan’s benchmark home price reached $359,500 in January, up nearly 6% compared to last year. Price gains were seen across urban and rural markets alike, indicating broad-based strength.
But here’s the key: Despite rising prices, Saskatchewan remains one of the most affordable provinces in Canada.
“Saskatchewan continues to offer something that is increasingly rare in Canada,” Guérette emphasized. “The combination of steady demand, tight supply and relative affordability points to a positive outlook for 2026.”
📍 Regina & Saskatoon in Focus
- Regina saw 172 homes sold in January — up 1% from last year and 15% above the 10-year average. Inventory in the Queen City also remains about 50% below long-term norms.
- Saskatoon reported 237 home sales, down slightly year-over-year, but still 7% above the 10-year average. Both cities continued to see benchmark price increases.
What This Means for Buyers & Investors
For homebuyers, Saskatchewan still offers something unique in 2026: a chance to enter the market without the extreme pricing pressure seen in other provinces. And for investors, continued population growth, solid sales activity, and government programs supporting housing development all point to long-term opportunity.
Key Takeaways
- Sales remain strong despite national slowdowns
- Supply is tight, with fewer new listings and high buyer demand
- Prices are rising, but affordability remains a standout advantage
- Regina and Saskatoon both outperform historical sales trends
📩 Looking to enter the Saskatchewan market in 2026 — as a first-time buyer, upgrader, or investor?
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