Regina Homes & Condos For Sale|Regina Real Estate 

Regina home prices decline despite national increase

Home prices in Regina have softened, according to a report released Wednesday.

 

A recent house price survey showed year-over-year decreases in the average price for detached bungalows and two-storey homes in Regina, while condominium prices saw a slight increase. 

 

Detached bungalows dropped 5.4 per cent year-over-year to $306,500, while standard two-storey homes declined 1.8 per cent to $349,500.

 

Standard condominiums, meanwhile, remained relatively flat, increasing 0.7 per cent to $216,500 over the same period.

 

Nationally, the average price of a home in Canada rose between 3.8 per cent and 6.6 per cent year-over-year in the first quarter of 2015.  The survey says Regina's real estate market looks slower than it actually is, and there has only been a small dip in sales activity.

Comments:
No comments

Post Your Comment:

* indicates required fields.
Your Name: *
Please note, your email will not be shown publicly
Your Email (will not be published): *
Comment: *
Please type the text as it appears above:
Aaron Habicht
Cell:1-306-536-2454
Sutton Group - Results Realty
3904 B Gordon Road
Regina, SK
S4S 6Y3 CA
The Association of Regina REALTORS® Inc. (ARR) IDX Reciprocity listings are displayed in accordance with ARR's MLS® Data Access Agreement and are copyright of the Association of Regina REALTORS® Inc..
The above information is from sources deemed reliable but should not be relied upon without independent verification. The information presented here is for general interest only, no guarantees apply.
Trademarks are owned and controlled by the Canadian Real Estate Association (CREA). Used under license.
MLS® System data of the Association of Regina REALTORS® Inc. displayed on this site is refreshed every 2 hours.