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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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“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.
Saskatoon housing market a buying frenzy in May, June thestarphoenix.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestarphoenix.com Daily Mail and Mail on Sunday newspapers.