The Saskatchewan Realtors Association said sales are down over 50 per cent in April from a year ago, but it expects the industry to emerge with only a “few cuts and scrapes.”

Chris Guérette said she has two takeaways from a recent CMHC report that found low evidence of overbuilding in Saskatoon.

Saskatchewan Realtors Association said sales to new listings ratio in Saskatoon was 38 per cent in January, indicating a slight lean towards a buyers’ market.

The demand for more affordable housing was the lone bright spot for Saskatoon’s new home builders, according to the SRHBA.

Royal Lepage is forecasting a slight rise in housing prices for 2020 as it says momentum is returning to the Saskatoon market.

Saskatchewan Realtors Association CEO Jason Yochim said Saskatoon’s housing numbers for November are encouraging.

The Saskatoon Region Association of Realtors says the housing market in the city has stabilized.

The Saskatoon & Regina Home Builders Association says a downturn in the home construction industry is having a trickle-down effect on the local economy.

CMHC said higher construction costs, rising interest rates and regulatory impacts affected Saskatoon’s new housing market in 2019.

Royal LePage says condo and townhouse sales have rebound as the Saskatoon housing market moves towards a balanced market.