Strong buyer demand and tight supply pushed Saskatchewan home prices to another record in June, according to the Saskatchewan Realtors Association.
The association reported 1,849 residential sales in June, up five per cent from a year earlier and more than 18 per cent above the 10-year average. New listings rose six per cent to 2,735, but inventory remained nearly 50 per cent below the 10-year average.
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Months of supply fell to 2.51 months, the lowest level ever recorded for June, while the provincial residential benchmark price reached $385,900, nearly five per cent higher than one year ago.
“For months, we’ve talked about Saskatchewan’s housing supply challenges, but the bigger story today is demand,” said Chris Guérette, CEO of the Saskatchewan Realtors Association.
“More homes are coming onto the market than they did a year ago, but buyers are purchasing them almost as quickly as they’re listed. That’s why inventory continues to tighten, why months of supply have reached historic lows, and why we’re seeing another month of record benchmark prices.”

The graph shows city home sales by price category. (Sask. Realtors Association website)
In Prince Albert, the benchmark price rose 2.6 per cent year over year to just under $277,000.
The city’s benchmark remains below the provincial average, but supply is also tight locally. Prince Albert had 104 homes on the market at the end of June, 60 per cent below the 10-year average, equal to 2.3 months of supply.
The largest share of local sales was in the $200,000-to-$299,999 range, followed by homes priced between $300,000 and $399,999.
Other northern and central communities also saw prices rise. In the Town of Battleford, the benchmark price increased 7.4 per cent year over year to $284,600.
North Battleford posted a double-digit increase of 10.2 per cent, bringing its benchmark price to $237,800.
Homes valued between $200,000 and $299,999 made up the largest share of sales in the Battlefords.
Meadow Lake’s benchmark price rose 6.4 per cent to $324,100, with most sales in the $200,000-to-$300,000 range.
Humboldt’s benchmark price reached $336,700, up 7.5 per cent from June 2025.
Melfort was one of the exceptions, with its benchmark price down 3.1 per cent to $251,800.
Across Saskatchewan, all six economic regions reported year-over-year sales gains in June. The Regina-Moose Mountain, Saskatoon-Biggar, Swift Current-Moose Jaw and Yorkton-Melville regions all had sales above their 10-year averages.
The Saskatoon-Biggar and Regina-Moose Mountain regions continued to report the tightest market conditions in the province, at 1.88 and 2.13 months of supply, respectively.
Guérette said the demand reflects broader growth in the province, but also highlights the need for housing supply to keep pace.
“Housing isn’t just supporting Saskatchewan’s growth anymore; it’s becoming one of the factors that will determine how much we can grow,” she said.
“Every new worker, every young family and every new resident needs somewhere to call home. Meeting that demand is one of the biggest opportunities in front of us.”
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