As the summer air slowly cools, the days become shorter, and kids return to school, the real estate market settles… Or does it?
The real estate market in Saskatchewan follows a seasonal business cycle like most other markets in the country. For example, ice cream is a delicious and refreshing treat on a hot summer day, but hot chocolate is more common in the middle of January when it’s -40 degrees. The same general idea applies to the real estate economy. The late spring and early summer months are the busiest times of the year for realtors. During this COVID-19 era of low-interest rates, houses may continue to sell at a rapid pace.