P.A. housing market hits eight-year low
The Prince Albert housing market has hit an eight-year low in terms of both the amount of properties up for sale as well as sales volume.
In their latest monthly report, the Saskatoon Region Association of Realtors (SRAR) said only 665 residential properties were listed for sale so far this year, which is 16 per cent lower than for the first 10 months of last year when 753 were on the market. Back in 2010 there were 855 properties listed for sale over the same period.
Also last month only 28 homes sold, which is a 15 per cent slide over October last year when 33 units changed hands.
Year-to-date 292 properties sold according to figures released by SRAR. In the first 10 months of 2017, 342 properties had sold, and back in 2010 that figure was at 493.