Regina listings surge brings balance to market

Listings surge brings balance to market; high set for average price in June

Due to a surge in the number of new listings taken on the MLS® System, the first half of the year has ended with balanced market conditions, said the Association of Regina REALTORS® Inc. 

For the entire MLS® System, including all geographic areas, 340 sales took place in June, down 12 per cent from 385 posted in 2009. Inside the city there were 302 sales, a decrease of 10 per cent from 335 sales in 2009. June was the second consecutive month that sales were down year-over-year although they remain above historical levels.

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Source: Canadian Real Estate Association