People 1st Realty - Saskatchewan

10/28/2026

Interest rates have increased, but that doesn't mean home ownership goals are a thing of the past. Want to know what this means for your plans? Let's connect - DM us to get the conversation started.

📈 Rates are UP. Now what?

For the first time in over three years, the Bank of Canada has increased its key interest rate by 0.25%, bringing it to 2.50% as of October 28, 2026.

So, what's behind the decision?

Rising global energy prices are putting pressure on the Canadian economy, and the Bank of Canada is concerned that those increased costs will start showing up in more of the everyday goods and services Canadians purchase.

With inflation reaching 3.1% in September and now projected to hit 3.5% by the end of 2026, the Bank is taking steps to keep inflation from becoming a bigger problem.

🏡 What does this mean for real estate?

Higher interest rates can affect borrowing costs, particularly for those with variable-rate mortgages or looking to secure new financing. And while this increase may influence affordability and purchasing decisions, it doesn't mean your real estate plans need to come to a screeching halt.

It DOES mean understanding your numbers, exploring your options, and making informed decisions is more important than ever.

And here's something else worth knowing: The Bank of Canada hasn't ruled out additional increases, although future decisions will depend on how the economy and inflation evolve.

Whether you're buying, selling, or simply wondering how these changes could affect your next move, our Real People in Real Estate are here to help you navigate the market with confidence.

💬 Questions? Let's talk.

10/22/2026

Saskatchewan home prices continue to trend upward.

According to CREA’s September 2026 Housing Market Snapshot, Saskatchewan’s home price index increased 2.8% year over year. Nationally, home sales and new listings both declined compared to September 2025.

Every market is different. Understanding what’s happening in your community can help you make informed decisions about buying or selling.

Alberta and Saskatchewan are telling two different housing market stories.

In Alberta, average home prices continue to rise year over year, while sales activity across Canada has slowed. Saskatchewan is also seeing higher prices, with more modest gains compared to Alberta.

Across the country, September brought fewer home sales and new listings than a year ago. But national trends only tell part of the story. Local market conditions matter, and what’s happening in your community can look very different from the national picture.

For buyers and sellers in Alberta and Saskatchewan, understanding those local conditions is what helps you make informed decisions.

Know your market. Understand your options. Make your next move with confidence.

10/21/2026

What the latest forecast says about Saskatchewan’s housing market.

According to the Canadian Real Estate Association (CREA) Housing Market Forecast, Saskatchewan is projected to see fewer home sales in 2026, while average home prices continue to rise. Looking ahead to 2027, sales activity is forecast to recover, with further price growth expected.

What does that mean for buyers and sellers? The bigger picture matters, but so does your local market. Conditions can look very different depending on where you’re buying or selling, and understanding those differences can help you make more informed decisions.

Know the numbers. Understand your market. Make your next move with confidence.

People 1st Realty. People 1st. Always.

SOURCE: https://www.crea.ca/housing-market-stats/canadian-housing-market-stats/quarterly-forecasts/

10/12/2026

Saskatchewan’s housing market is showing signs of more balance, with inventory continuing to improve while home values remain steady.

For buyers, more options can mean more room to explore and make informed decisions. For sellers, it’s a reminder that understanding your local market and having the right pricing strategy still matter.

While conditions are improving, inventory remains well below historical levels. The market may be shifting, but every community and property has its own story.

The takeaway? Know your market. Understand your options. Make your next move with confidence.

10/01/2026

🎃 A People 1st Halloween tradition is making its way to Saskatchewan!

Our Halloween Map is officially LIVE and we’re looking for the best decorated homes AND local businesses to add to it. 👻

Going all out with your decorations? Have a storefront that’s getting seriously spooky? We want to know about it!

📍 Add your home or business to the Halloween Map
🎃 Help families find the best Halloween stops around the community
💰 AND enter for your chance to WIN a $500 VISA Gift Card!

Cute and spooky, completely over-the-top, or full-on nightmare feels - we want to see it.

Know a home or local business that needs to be on the map? Tag them below! 👇

👻 Add your location here: www.people1st.ca/halloween-map

Let’s build Saskatchewan’s Halloween Map! 🎃

Find the spookiest Halloween setups across Alberta! Explore the Halloween Map, discover decorated homes near you, and pin your own house to share your Halloween spirit.

09/02/2026

The Bank of Canada is keeping its policy rate at 2.25%.

The latest decision comes as Canada’s economy shows signs of a broadening recovery, but uncertainty remains high.

New U.S. tariffs and Canadian counter-measures are creating questions around future economic growth, while higher energy prices are adding to inflation risks.

For Saskatchewan buyers, sellers, and homeowners, the headline is only one part of the story.

What matters is understanding what the changing economic picture means for your plans.

Questions? Get in touch.

08/22/2026

Happy Birthday, Kayode!

Wishing you a day filled with good people, great moments, and plenty of reasons to celebrate. Your genuine care for others and your commitment to doing things the right way make you a wonderful part of the People 1st Realty family.

Here’s to another year of growth, new adventures, and plenty of good things ahead. Have a great one, Kayode!

08/10/2026

Saskatchewan’s market is giving buyers a little more breathing room.

July brought more inventory, with 4,792 homes available, while the benchmark price eased slightly to $383,500.

Sales and new listings both pulled back from June, and months of supply increased to 2.90 months.

So, are things slowing down? A little.

Is Saskatchewan suddenly a buyer’s market? Not quite.

The market is shifting, but there’s still plenty happening beneath the headlines. And that’s exactly why understanding the numbers matters.

Because the market doesn’t tell you what to do. The right strategy does.