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Page 1 of 2 State of California Department of Real Estate Providing Service, Protecting You Mortgage Loan Disclosure Statement R  Form

Page 1 of 2 State of California Department of Real Estate Providing Service, Protecting You Mortgage Loan Disclosure Statement R Form

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do higher interest rates equal more sales it seems that way in the Regina real estate market here's a quick look for December 2024 what's going on in Rina housing market the 273 home sold in the mon is up 18% and Regina is on the prus of setting a record for the most homes ever sold in the single year there's also 300 new listings the month but that is down 3% and here's where the numbers start to get really scary in the Regina real estate market the 500 homes that for sale right now is down a staggering 47% and it's trending down that its months of inventory at 1.8 meaning one of the strongest sellers markets in Canada the composite Benchmark price is $313,000 that's up 4% year-over-year but it looks like we're finally hitting the typical seasonal decline in whole prices in Regina

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