First-time and move-up buyers driving Regina market, prices to increase 1-2%

The Regina housing market is currently balanced which is expected to continue into 2020. The RE/MAX average residential sale price expectation for Regina is +1-2% due to an increase in sales and less listings on the market. If this continues into 2020, prices should adjust slightly upwards.

Currently there are 7.7 months worth of inventory left, as we move into spring 2020 this will reduce slightly. The mortgage stress test...