Saskatchewan Real Estate Market: Summer 2025 Trends, Prices & Top Areas to Invest

Saskatchewan's real estate market in summer 2025 stands as one of Canada's most compelling opportunities for homebuyers, investors, and those seeking a balanced lifestyle. This guide provides a comprehensive overview of current market conditions, investment hotspots, and quality of life factors influencing decision-making across the province.

Saskatchewan Real Estate Market Overview (Summer 2025)

Chris Guérette, CEO of the Saskatchewan Realtors Association, highlighted in an April 2025 interview that: “Notwithstanding economic uncertainty and the ongoing threat of tariffs, Saskatchewan’s housing market remains remarkably resilient, once again posting above-average monthly sales.”

and added, “We continue to see near-record demand, and there isn’t enough inventory to meet that demand right now. It’s going to be very challenging. Patience is essential, and the expertise of a real estate professional is more crucial than ever.” (CKOM, April 4, 2025)

The benchmark residential price in Saskatchewan rose to $360,500 in April 2025—up 6.3% year-over-year—driven by sustained affordability, economic momentum, and population growth. While national sales have slowed due to broader economic conditions, Saskatchewan’s market remains robust, outperforming its 10-year average.

Market Stability and Investment Opportunities

Inventory Shortage

As of March 2025, active listings in Saskatchewan dropped to 4,023—nearly 50% below the 10-year average. This tight inventory is fueling buyer urgency and placing upward pressure on home prices.

Rental Market Trends

Rental demand is strong across major cities. One-bedroom apartments average $1,495 in Saskatoon and $1,292 in Regina, presenting stable income opportunities for investors focused on multi-family properties.

Top Real Estate Opportunities

• New builds in Saskatoon: High returns in communities like Evergreen and Brighton.

• Condos and townhouses in Regina: Affordable options for first-time buyers and downsizers.

• Income properties in Moose Jaw and Prince Albert: Benefit from double-digit annual price growth.

Regional Insights: Top Areas for Investment and Lifestyle

Saskatoon

• Benchmark home price: $415,900

• Strong demand for single-family homes and suburban expansion.

• Investment neighbourhoods: Willowgrove, Evergreen, Brighton

Regina

• Projected 3% price increase in 2025, with steady demand.

• Popular areas: Harbour Landing, Greens on Gardiner

Prince Albert, Moose Jaw, and Swift Current

• Annual price growth: Prince Albert (11.7%), Moose Jaw (10.7%), Swift Current (11.5%)

• Attractive for investors seeking lower entry points with growth upside

Rural Saskatchewan

• Towns near Warman, Martensville, and Yorkton drawing commuters and retirees with affordability and amenities.

Economic Outlook: Saskatchewan in 2025

Saskatchewan’s GDP is projected to grow by 1.8% this year, fueled by resource exports, infrastructure investments, and immigration. However, new U.S. trade tariffs could reduce provincial revenues by as much as $1.4 billion.

Key indicators:

• Strong job growth in healthcare, logistics, and skilled trades

• Average family income: $80,000

• March 2025 home sales: 1,277 (up 8% YoY and 13% above historical average)

Shaun Cathcart, Senior Economist at the Canadian Real Estate Association, warned in a March 2025 forecast update: “Previously, uncertainty about tariffs was contributing to declining home sales, but going forward, the housing market will need to weather the actual economic fallout.” (CREA, March 2025)

Political and Policy Considerations Affecting Real Estate

2025 Budget Highlights

• $8.1B in healthcare spending, including three new urgent care centres

• $2.4B in education with an 8.4% increase for K–12 operational funding

• $4.6B in capital infrastructure, supporting housing, roads, and community services

Real Estate Incentive Programs

• First-Time Homebuyers Tax Credit: Up to $1,575 provincially; combined federal + provincial benefit up to $3,075

• PST Rebate: Up to 42% back on new home construction costs

• Métis Nation–Saskatchewan Program: Up to $15,000 toward down payment, plus $2,500 in legal fee support

• Home Renovation Tax Credit: Up to $420 per year (or $525 for seniors)

• Regina Housing Incentives: Tax exemptions and grants for affordable or market housing

• Housing Accelerator Fund: $36.2M in federal funding to increase housing supply and density in Regina

Trade Policy Risks

U.S. tariffs remain a concern for Saskatchewan’s export-driven economy, particularly in agriculture and energy sectors. Investors should consider this when evaluating long-term stability.

Quality of Life: What Buyers & Investors Should Know

Healthcare Access

Record investments are strengthening hospital systems, adding urgent care capacity in Prince Albert, Moose Jaw, and North Battleford, and addressing physician shortages.

Education Quality

Funding boosts support growing school populations and improve infrastructure across Saskatchewan, enhancing the province’s appeal for families.

Lifestyle and Affordability

• Average cost of living: approx. $2,531/month

• Saskatchewan offers abundant outdoor space, low urban density, and family-friendly events like the Regina Folk Festival and Saskatoon Jazz Festival.

• Ideal for those seeking cost-effective living with cultural and recreational balance

Safety and Crime Considerations

Crime remains a relevant quality-of-life factor in Saskatchewan, especially in cities like Saskatoon and Regina where 2025 reports show elevated rates of assaults, robberies, break-ins, and vehicle thefts. However, crime levels vary by neighbourhood, prospective buyers and investors are encouraged to research local data and safety trends.

Real Estate Investment Outlook: Summer 2025 and Beyond

Saskatchewan continues to attract:

• First-time buyers from more expensive provinces

• Yield-focused investors looking for low vacancy and rising rents

• Lifestyle-driven relocators, including downsizers and retirees

With limited supply and expanding infrastructure, the market is positioned for steady appreciation into 2026.

In the face of rising national uncertainty, Saskatchewan stands apart in 2025 as a province where real estate isn't just a transaction—it's a long-term strategy grounded in stability, opportunity, and quality of life. From its surging suburban growth to revitalized urban hubs and investor-friendly policies, the province’s housing market is more than weathering economic headwinds—it's outperforming expectations.

Whether you're considering a city condo, a custom build on the edge of town, or a rural rental portfolio, Saskatchewan offers not only financial viability but also the community, infrastructure, and public investment to support sustainable living. For buyers, sellers, and investors alike, the message is clear: this market isn’t just hot—it’s well positioned for meaningful, lasting growth.