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Saskatoon also saw a 15.9 per cent increase in home sales, year over year, for the month of June.
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Saskatoon housing market a buying 'frenzy' in May, June Back to video
“May and beginning of June was a real estate frenzy comparable to 2007,” said Realtor Gregg Bamford said.
“But since then, with restrictions tightening with mortgages as well as summer and COVID (restrictions) being lifted, things have started to slow down,” he said.
The latest numbers out from Statistics Canada show a hot market in Saskatoon for the month of May.