Greetings Friends,

I am pleased to be able to share my 2022 May Regina Real Estate Market Report! 

I believe in personalized one-on-one service to fully understand you, your real estate goals and to be 100% accountable to you. I also want to bring value before, during and after the sale of your home!  

If you are looking for a real estate agent who works tirelessly on your behalf and always offers honest and candid advice, please contact me today! 

How Does This Compare to National Data? 

May 2022 Monthly Housing Market Trends Report

Canada’s housing market saw a slowdown in sales during the month of April 2022 as rising rates tempered homebuyers’ appetites, right as Canadian home prices fell from record-breaking levels. For April 2022, the average home price in Canada's housing market was $746,146, up 7% from last year. While Canada’s average home price has risen by over $50,000 in the span of one year, home prices have fallen compared to the previous month. March 2022’s average home price of $796,068 means that the average home price in Canada has fallen by over 6% in just one month.

Meanwhile, the MLS Benchmark Price increased 27% year-over-year to $882,400 for April 2022, yet is down by 0.3% month-over-month. This marks the first time that Canada’s MLS Benchmark Price has decreased on a month-over-month basis in two years. The last time that Canada's benchmark home price has fallen month-over-month was in April 2020.

June 4, 2022