The average house price in Saskatchewan was about ******* Canadian dollars in 2024, and according to the forecast, is set to increase in the next two years. However, house price growth in the province is expected to be slower than the national average. In terms of home prices, Saskatchewan is one of the most affordable provinces for housing. Saskatchewan: key factsSaskatchewan is a province located between Alberta and Manitoba north of the Canada-United States border. In 2023, the population of Saskatchewan was over *** million, which placed it as the sixth most populous Canada province. However, the population has been on the rise since 2006, so this may change in the future. Future of the housing marketThe number of housing starts in the province has been falling since 2012, which suggests that either supply is outstripping demand or that it’s simply not profitable enough for property developers. Some real estate experts in the region believe that the falling price of oil is causing the housing market slowdown because there are fewer jobs in the region as a result. However, they expect that the market will pick up again in the near future.

View monthly updates and historical trends for Saskatoon, SK New Housing Price Index. Source: Statistics Canada. Track economic data with YCharts analytic…

Canada House Price Index: New Housing: Saskatoon data was reported at 119.900 2007=100 in Dec 2016. This records an increase from the previous number of 119.600 2007=100 for Nov 2016. Canada House Price Index: New Housing: Saskatoon data is updated monthly, averaging 53.600 2007=100 from Jan 1981 (Median) to Dec 2016, with 432 observations. The data reached an all-time high of 126.900 2007=100 in May 2008 and a record low of 39.500 2007=100 in Feb 1981. Canada House Price Index: New Housing: Saskatoon data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.EB006: House Price Index: 2007=100.

In the fourth quarter of 2020, the average sales price of condominium apartments in Canada was close to ******* Canadian dollars. Nevertheless, apartment prices varied greatly across different markets. For example, in Vancouver and Toronto, apartments were significantly more expensive than the national average. The market with the most affordable housing was Saskatoon, where the average apartment sold for approximately ******* Canadian dollars. In comparison to apartment prices, the average single-family detached home was pricier in all Canadian markets.

View monthly updates and historical trends for Saskatoon, SK Average Retail Price for Household Heating Fuel. Source: Statistics Canada. Track economic da…