What’s Happening in the Saskatoon Housing Market?
The average residential sale price in the Saskatoon housing market increased by approximately six per cent across all property types between 2025 and 2026, rising from $425,122 to $452,293. The number of sales decreased by approximately five per cent over the same period, from 3,144 to 2,989. The number of listings increased by approximately two per cent, from 4,483 to 4,565. Looking ahead to fall 2026, average sale prices are expected to increase by approximately six per cent compared with 2025 levels, while the number of sales is expected to decline by approximately six per cent.
Saskatoon remains a sellers’ market, with prices continuing to increase even as buyers are more reluctant to spend. New builds with secondary suites are becoming more common as buyers look for ways to offset mortgage costs.
Qualifying for a mortgage is the biggest factor preventing more first-time buyers from entering the market.
According to James Bailes of Saskatoon-based REMAX Bridge City, the GST rebate has primarily benefited buyers who were already planning to purchase and has not materially changed buyer conversations. Its greatest impact is being seen in new builds in new neighbourhoods at higher price points.
Buyers are least willing to compromise on location and are more willing to purchase homes that require improvements if the location meets their needs.
The Saskatoon housing market continues to be viewed as attractive and relatively affordable for young families.
The foreign buyer ban has had little impact on affordability or new construction development.
Frequently Asked Questions
How have home prices changed in Saskatoon?
The average residential sale price in Saskatoon increased by approximately 6 per cent across all property types between 2025 and 2026, rising from $425,122 to $452,293.
How have sales and listings changed in Saskatoon?
The number of sales decreased by approximately 5 per cent, from 3,144 to 2,989, while the number of listings increased by approximately 2 per cent, from 4,483 to 4,565.
What is expected for Saskatoon home prices in 2026?
Average 2026 sale prices are expected to increase by approximately 6 per cent compared with 2025 levels.
What is expected for home sales in Saskatoon in 2026?
The number of sales is projected to decline by approximately 6 per cent.
Is Saskatoon a sellers’ market?
Yes. Saskatoon remains a sellers’ market, with prices continuing to increase even as buyers are more reluctant to spend.
What trends are emerging in the new-home market?
New builds with secondary suites are becoming more common as buyers look for ways to offset mortgage costs.
What is the biggest factor preventing more first-time buyers from entering the market?
Qualifying for a mortgage is the biggest factor preventing more first-time buyers from entering the market.
How is the GST rebate affecting the Saskatoon housing market?
According to James Bailes of Saskatoon-based REMAX Bridge City, the GST rebate has primarily benefited buyers who were already planning to purchase and has not materially changed buyer conversations. Its greatest impact is being seen in new builds in new neighbourhoods at higher price points.
What are buyers least willing to compromise on?
Buyers are least willing to compromise on location and are more willing to purchase homes that require improvements if the location meets their needs.
Why do buyers continue to view Saskatoon as an attractive market?
Saskatoon continues to be viewed as an attractive, relatively affordable market for young families.
Has the foreign buyer ban affected affordability or new construction development?
The foreign buyer ban has had little impact on affordability or new construction development.
