It is worth being careful with any specific percentage attached to Saskatoon that cannot be traced to the Saskatchewan REALTORS Association's own monthly release, since a number describing another city's market can circulate online attached to the wrong place.
The real trend here is steady rather than dramatic: sales running somewhat ahead of the ten-year average in a market at 1.63 months of supply, working through its normal seasonal pattern rather than spiking on a single dramatic figure.
A specific, sourced number always beats a big percentage that cannot be traced back to where it came from. Get your hand-reviewed valuation from Joel Dyck.