Reported By Natalie Geddes
Posted February 18, 2010 - 5:52pmNumbers coming out of the Canadian Real Estate Association may not be as drastic as they appear.
A recent report showed the average selling price of a home in Saskatoon lost 3 percent in a one month period between January and December. During that same time Regina gained 12.5 percent.
But Richard Corriveu with the Canada Mortgage and Housing Corporation says the month to month number don't tell the whole story. In fact he predicts both cities will see home prices increase slightly more than the rate of inflation this year.
As of January the average home price in Regina was at $240,274, while in Saskatoon it was $270,191.
