The average residential sale price in Regina has increased by six per cent across all property types between 2024 and 2025 from $326,000 to $346,000. The number of sales transactions decreased by 1.9 per cent for the same time period (from 3,447 to 3,380). The total number of listings increased by two per cent (from 4,475 in 2024 to 4,565 in 2025).
Trends in the Regina Housing Market
Average residential sale prices will rise by two per cent going into 2026, compared to 2025. Sales are anticipated to remain the same going into 2026, compared to 2025. Looking ahead to 2026, Regina will be a sellers' market. Strong demand from first-time buyers and move-up purchasers, coupled with limited housing inventory, is creating competitive conditions for available properties. High rental costs and low vacancy rates are further motivating buyers to enter the market, while investor interest continues to support sustained activity.
Single detached homes are expected to drive the strongest demand and sales activity in the region in 2026. Move-up and move-over buyers are seeking larger homes with more space, while retirees looking to downsize still value the privacy and outdoor areas that single detached homes provide. These properties also appeal to buyers prioritizing long-term stability.
Looking ahead to 2026, several key trends are shaping Regina's housing market for homebuyers and sellers. First-time buyers continue to target homes in the $300,000 to $400,000 range, a level that has remained consistent year after year with gradual increases. Move-up buyers often exceed average home prices, typically starting around $400,000 to $500,000, with many purchasing properties in the $600,000 to $700,000 range depending on neighbourhood and features. Retirees are increasingly drawn to bungalow-style condos that include snow removal and lawn care in the condo fees, with prices generally ranging from the high $400,000s to the mid $600,000s. New home construction remains strong, with Regina experiencing a 40 per cent increase in housing starts in the first half of 2025 compared to the same period in 2024. The city's status as one of Canada's most affordable major markets continues to attract both new residents and investors, and new developments are proceeding at an accelerated pace, supporting sustained market activity.
Regina has experienced a consistently strong housing market throughout 2025. The market has remained resilient, with steady buyer demand and robust sales activity throughout the year. This is expected to continue into 2026. Rising rental prices in Regina are motivating many renters to consider purchasing their first home. As the cost of renting continues to climb, buying becomes a more attractive and financially viable option for first-time buyers.
Rising rental prices in Regina have encouraged slightly increased activity among local real estate investors. Strong rental demand and favorable returns are motivating investors to remain active in the market. In Regina, the market is showing steady increases in home values, making 2026 a strategic year for buyers. Unlike more volatile markets, buyers can expect continued stability, and purchasing activity is likely to remain consistent throughout the year.
Heading into 2026, lower interest rates will make it easier for buyers in Regina to access financing. However, with the city's lower average home prices compared to the national market, the impact of rate fluctuations is expected to be modest. Overall, the market is anticipated to remain steady, with little change in activity regardless of whether rates decline further or rise slightly.
The most important factor influencing Regina's housing market is low inventory, which has created strong demand among buyers. The limited supply is a key reason behind the steady price increases observed over the past year. Regina's market remains robust, building on a very busy summer and defying the typical seasonal slowdown seen in other regions. Despite low inventory, the city continues to experience a strong housing market, standing out from national trends and maintaining high levels of buyer activity.
In Regina, technology has had a relatively modest impact on how buyers search for homes. Most buyers continue to rely on traditional listing platforms such as realtor.ca and remax.ca, and listing videos remain a common tool for evaluating properties. While some buyers may be influenced by social media content, such as reels or listing videos, the majority still conduct their research on established real estate websites before reaching out to an agent. Overall, the home search process in Regina has remained consistent over the past few years.
