supply barely meets demand

According to data from the Saskatchewan Realtors Association, there were 1,059 home purchases in February 2022. An 8% decrease from last year.



Supply chain issues have reportedly slowed the pace of the real estate market in Saskatchewan.  (archives)


© / Radio-Canada
Supply chain issues have reportedly slowed the pace of the real estate market in Saskatchewan. (archives)

The Association believes that supply has had difficulty meeting demand.

According to the director general of the Association of real estate agents, Christiane Guérette, this reality is caused in part by the difficulties experienced by the supply chain.

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Fransaskois real estate agent Claude Barry expects 2022 to be a good year to sell his home in the provincial capital, despite the recent rise in interest rates.

Claude Barry adds that the pandemic and the war in Ukraine may have prompted Saskatchewanians to buy a house, encouraged to make such investments during periods of instability.

With information from Olivier Hamel

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