That combination, tight supply and modest price growth rather than a runaway spike, is what a balanced-to-seller market actually looks like in practice, not the double-digit swings some other Canadian cities have seen. New listings were up 12.3 percent from a year earlier, which is easing the tightest part of the squeeze heading into fall.
Demand is steady rather than frantic. 446 homes sold in August, a pace the Saskatchewan REALTORS Association says is running ahead of the ten-year norm without the bidding-war conditions that come with a true supply crunch, which matters if you are timing a sale around a specific need rather than chasing a peak.
The city-level number is a starting point, not your number, since price bands and neighbourhoods move differently within it. Get your hand-reviewed valuation from Joel Dyck.