Regina & Saskatchewan Housing Market Update: December 2025 šš”
What Buyers and Sellers Need to Know Heading Into 2026
The Regina and Saskatchewan housing markets closed out 2025 with momentum that refuses to quit. While seasonal slowdowns showed up in December, the bigger picture tells a clear story: demand remains strong, inventory remains tight, and pricing continues to trend upward.
If you are buying or selling real estate in Regina or anywhere in Saskatchewan, this is the context that actually matters.
Regina Housing Market Update ā December 2025 š¾šļø
Regina recorded 164 residential sales in December, representing a 17 percent year-over-year decline. That sounds dramatic until you zoom out.
Despite the monthly dip, December sales were still four percent above long-term averagesĀ for the month. More importantly, 2024 was a record-breaking year, and 2025 finished only two percent behind that historic pace. Annual sales in Regina remained nearly 24 percent above the 10-year average, a clear signal of sustained demand.
Inventory Remains the Core Challenge in Regina š
Housing supply continues to be the limiting factor heading into 2026.
Active inventory sits nearly 50 percent below the 10-year average
Of 475 units available at year-end, 126 were conditionally sold
Only 349 active listingsĀ entered the new year
This level of scarcity keeps upward pressure on prices and limits buyer choice, especially in well-located and well-priced homes.
Regina Home Prices Continue to Rise š°
Reginaās residential benchmark price reached $330,900 in December, up from $329,300 in November. On a year-over-year basis, prices climbed nearly seven percent, compared to $313,400 in December 2024.
Price growth in Regina remains steady rather than speculative, supported by real demand and limited supply.
Saskatchewan Housing Market Overview ā Strong Finish to 2025 šš
Saskatchewanās housing market delivered one of the strongest performances in provincial history in 2025, posting the second-highest annual sales total on record.
The province recorded 792 sales in December, a three percent increase year-over-year and well above historical norms. That momentum capped off a year with 16,222 total sales, edging past 2024 and finishing one percent higher year over year.
Demand Outpaced Supply Across Saskatchewan š„
While new listings appeared periodically throughout 2025, they were not enough to satisfy near-record demand.
December new listings declined four percent year over year
Inventory reached record-low levels during the year
Year-end inventory remained nearly 50 percent below the 10-year average
At the close of December:
3,410 unitsĀ were listed province-wide
540 were conditionally sold
Only 2,870 active listingsĀ carried into the new year
Seasonal slowdowns allowed months of supply to rise slightly above four months, but overall conditions remain firmly tilted toward sellers.
Saskatchewan Home Prices Hold Firm š
The provincial residential benchmark price stood at $359,000 in December, down slightly from November due to typical seasonal trends. Even with that modest pullback, prices were still seven percent higher than December 2024, reflecting long-term strength rather than volatility.
What This Means for Regina Buyers and Sellers in 2026 ššļø
This market rewards strategy, not hesitation.
For Home Sellers in Regina
Low inventory and consistent demand continue to work in your favor. Well-prepared homes priced correctly are selling, not sitting.
Sellers heading into 2026 should focus on:
Accurate pricing based on real market data
Preparation that maximizes value, not over-improvement
Timing aligned with life plans rather than headlines
For Home Buyers in Regina
Buyers face competition, but not chaos. With interest rates stabilizing and inventory slowly rebuilding, preparation is critical.
Smart buyers are:
Securing financing early
Watching micro-markets closely
Acting decisively when the right property appears
The Bottom Line š§
Regina and Saskatchewan closed 2025 from a position of strength. Demand remains durable, supply remains constrained, and pricing continues to rise at a measured, sustainable pace.
As we move into 2026, success in real estate will come down to information, timing, and execution. The noise fades quickly. The numbers do not.
If you are planning to buy or sell in Regina or the surrounding area, understanding these trends is the first step to making confident, well-timed decisions.
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