November Real Estate Market Saskatoon
November saw a reversal of trend towards a more balanced market as home buyers tried to get ahead of the potential rate increase rumored for quarter 1 or 2 of 2022.
Sales: 414 New Listings: 439 Inventory: 1067 Months of Supply: 2.58
November saw sales increase by 15.6% from this time last year, new listings increase by 3.8% from this time last year, and inventory down by 11.9% from this time last year to a 2.58 months of supply.
Here's a look at the November Statistics from the Saskatchewan REALTORS® Association.
Reach out if you have any questions or would like to talk Real Estate!
Have a Fantastic Day,