YORKTON — Saskatchewan’s housing market continued its strong pace in November, but the Yorkton–Melville region saw one of the steepest slowdowns in the province as sales fell sharply from last year.
New data from the Saskatchewan Realtors Association shows the province recorded 1,073 sales in November, marking the twenty-ninth straight month of activity above long-term trends. Year-to-date figures remain on track to surpass 2024 levels, with 15,430 sales so far.
However, the Yorkton–Melville region reported the biggest year-over-year decline in the province, with sales down 40 per cent. Only the Prince Albert region also dipped below the ten-year average.
Despite the slower pace, Yorkton and Melville continue to see some of the strongest price growth in Saskatchewan. Benchmark prices rose 15 per cent in Yorkton compared to last November, while Melville led the province again with a 20 per cent year-over-year increase.
Across Saskatchewan, new listings increased slightly to 1,376 but remain well below historical norms. Inventory sits 45 per cent under the ten-year average, with only 3,457 available units after accounting for conditionally sold properties leaving the market.
The province reported a benchmark price of $360,500 in November. While down modestly from October, the average is more than seven per cent higher than the same month last year.
Yorkton and Melville continue to stand out for their price gains. Alongside the two east-central cities, Estevan, Swift Current, Humboldt, Weyburn and Meadow Lake all reported double-digit annual price increases.
Provincially, the Saskatchewan Realtors Association say the combination of low supply and steady demand continues to put upward pressure on prices, even as some local markets experience sales slowdowns heading into winter.
