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For Week Ending May 16, 2015

For Week Ending May 16, 2015

The market has been, in a word, predictable. And that is a good thing. Although it may not make for flashy tales for the children to sing songs of at summer camp, it's good for the general state of housing. Inventory has been increasing lately and even firm sales have shown some year-over-year pop. Yes, the market could use a consistent run on new listings, but there have been enough timely increases to keep any real worry at bay.

In the Regina region, for the week ending May 16:

  • New Listings decreased 1.0% to 205
  • Firm Sales decreased 23.5% to 75
  • Inventory increased 1.8% to 2,288

For the month of April:

  • Median Sales Price increased 5.3% to $320,000
  • Days on Market increased 7.0% to 46
  • Percent of Current List Price Received decreased 0.7% to 96.6%
  • Months Supply of Inventory increased 26.4% to 6.7

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Tim Chicilo
Phone: 1 (306) 539.0085
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