The Canadian Real Estate Association says the number of residential properties that changed hands in October was lower compared with a year ago as prices also fell.

There were 42,068 home sales across the country last month, down 4.3 per cent from October 2024.

Read more: • City of Saskatoon exploring feedback and options for possible homelessness levy • Budget’s housing promises not enough to solve affordability, supply issues: advocates • Housing markets continue outperforming long-term trends in Sask.

But home sales ticked up 0.9 per cent on a month-over-month basis, marking the sixth such increase over the past seven months.

The actual national average sale price of a home sold in October was $690,195, down 1.1 per cent from a year ago.

CREA senior economist Shaun Cathcart s

See Full Page