What the published numbers do show is a market that looks the opposite of distressed: months of supply at 1.63 and sales running 6.6 percent above the 10 year average, both signs of steady demand rather than a glut of forced sales.
A foreclosure in Saskatchewan is also a lender-initiated court process through Court of King's Bench, not an automatic outcome of a missed payment, so individual hardship cases can exist without producing a visible market-wide trend either way.
If you are worried about a specific property, the safer question is what that house is actually worth today. Get your hand-reviewed valuation from Joel Dyck.