Recent Blog Posts by Pauline Relkey

Century 21 Regina Awards Night Feb. 2012

Click here for pictures and writeup.  The CEO and me. .    

Regina house sales ahead of 2010

In Regina and area, residential home sales in May surpassed the 400 mark for the first time since July 2009. May’s average price of $296,838 set a new high for any month in the history of the Association of Regina REALTORS® Inc. MLS® System and was up 18% from May 2010. In the city, the average price of $304,370 was the first time ever to be above $300,000. Builders started 91 single ...

2010 Was a Positive Year For Saskatchewan Real Estate

The number of sales in 2010 was down slightly in both the Regina and Saskatoon areas. However, Saskatoon saw a minor drop in sales volume of 2% while Regina saw a slight increase in sales volume of 1%. The selling prices for homes in 2010 were $263,562 in Regina and an average price of $296,378 in Saskatoon.  Remember – prices vary from area to area. For an accurate estimate of the value ...

Resale Prices Expected to Rise in Regina and Saskatoon

A report released last week by the Conference Board of Canada states that home prices are projected to increase in Regina and Saskatoon over the next year. Regina home prices are expected to increase by five to seven per cent, while Saskatoon may increase by seven per cent or more. According to Rob Wiebe, a senior economist with the Conference Board, the current market is balanced, which makes it a ...

September Housing Starts Increase Sharply

Canada Mortgage and Housing Corporation released Friday that September was another exceptionally busy month for home builders in Regina, Saskatoon and many other Saskatchewan cities. There were 136 housing starts in the metropolitan Regina area in September, which was up a whopping 67.9 per cent from September of last year. In the metropolitan Saskatoon area there were 191 starts, which was a 44.7 ...

CENTURY 21 Goes Mobile

We promised to keep you ‘Connected to More’ through technology and now we have.   Got a blackberry, iPhone, iPod Touch or iPad?   Then check out our mobile website platform, http://m.century21.ca/conexusrealty. CENTURY 21 Canada is very excited to announce the launch of a mobile version of Century 21.ca.  The mobile platform offers many useful benefits and features, ...

New Construction in Saskatchewan remains strong

The Regina Leader Post reports that construction projects such as the Harbour Landing development are contributing to strong numbers for Regina in terms of the total value of building permits.  read more In April, the Saskatoon region noted a nearly 100 per cent increase in the value of all building permits over the same month last year.   read more

Construction is on the rise

As reported by the Leader Post, the latest data released by Statistics Canada indicates that investment in non-residential construction is way up in Regina and generally up in Saskatchewan.  Regina was up by 30.9 per cent and 6 per cent across Saskatchewan in the first quarter of this year compared to the first three months of last year. Click here to read the entire article. 

Saskatchewan Real Estate Market Heating up with the Weather

When you weren’t outside enjoying the warm weather this past weekend, you may have watched Telemiracle and witnessed the generosity of the people of Saskatchewan. The final total topped four million this year and will help assist those with special needs. This shows that people care about what’s happening in their communities and the entire province.  The ability (and willingness) ...

Existing Home Sale Prices rise across Canada

According to the Canadian Real Estate Association (CREA), listed existing homes recorded their best December ever as the recovery in the Canadian housing market sales climbed 7.7 per cent last year from 2008.                              There were a total ...

Local Housing less affordable - Leader Post Jan 26/10

Click here for link to article.  

Housing rebound expected

Leader Post Nov. 3/09.  Click here for article.

Regina Sale Prices Hit New High in 2009

Did you know that the average selling price for homes in Regina soared to a new high last year and the number of properties sold was the second highest ever?  According to the Association of Regina REALTORS®, the average selling price of homes sold through the multiple listing service was $244,328, which is up 7% from the previous high set in 2008.  There were 3,691 residential properties ...

2009 Saskatchewan Housing Starts

In Regina, there were 569 single-detached housing starts last year, down 42% from 979 in 2008.   There were 361 multiple-unit starts which is slightly lower than the 396 recorded in 2008.  According to Canada Mortgage and Housing Corporation (CMHC), this makes 2009 the slowest year for single family home construction in the last 6 years. Housing construction in Regina peaked at 1,400 ...

We’ve got it Covered

CENTURY 21 Conexus Realty Ltd. continues to have their REALTORS® dedicated to their profession and industry throughout the province.   We are pleased to announce our fellow agents who have been elected by their peers in their Association/Boards:        Association of Regina REALTORS® -          Ian ...

Check Out the New Look and Feel of our Company Website

As you may have noticed, the CENTURY 21 Conexus Realty Ltd. website has received a facelift! Clients will now have easier and more convenient access to view homes being sold across Saskatchewan, as well as access to the CENTURY 21 National website. Our website has a new modern look, and will be easier to navigate. There are convenient links to sales representative websites, weekly open house listings ...

New Construction sets Record

Regina is headed towards its fifth consecutive year of construction activity, with nearly $300 million in building permits issued in the first nine months of the year – 20% ahead of last year’s record. Click here to read the entire Leader Post article:

Regina-Based Company to lead Plains Hotel Project

People are very optimistic about the Regina economy. Need proof? Check out the plans to redevelop the Plains Hotel found on the corner of Albert Street and Victoria Avenue in downtown Regina. Westgate Development, a Regina-based firm, owns the Plains Hotel property and plans on building an eight-story hotel and 19-story condominium tower on the site. The City of Regina has proposed a downtown neighbourhood ...

Canada's 10 Healthiest Housing Markets

Check out page 4 - Regina. Click here

Regina MLS Market Stats Feb. 2009

Click here for YTD Prices  

Leader Post "It's a buyer's market" Feb. 26/09

Real estate prices have been coming down from their highs in most areas.  So have mortgage rates ...That can be a winning combination for homebuyers, especially those taking the fist-time plunge". Remember these are Canadian stats. Regina and Saskatchewan are not mentioned at all.  http://www.leaderpost.com/Business/buyer+market/1329708/story.html  

November 2008 Regina, Sk MLS Real Estate Stats

Yes I guess it is official. November Regina MLS stats show the average price has dropped a few dollars - $352 to be exact from October 08.  But we are still higher than Nov. 07 prices. It is not unusual anymore to see listings on the market for months.  It is a waiting game.  I do see the stats of active listings decreasing daily, so hang in there sellers.  We had a ...

Regina MLS stats as of Dec. 2008

2008 MARKS SOLID YEAR FOR REAL ESTATE MARKET  Despite a decrease from the record-setting pace set in the previous year, 2008 marked a very solid year for sales through the Regina and area MLS® while setting new highs in some key measurement categories, said the Association of Regina REALTORS® Inc.   There were 2,812 residential properties sold inside the city during the ...

What is happening in Regina's real estate market?

Our 'normal' market in past years would have an average of 400-500 listings for sale in the city of Regina. In 2008 we actually hit a high of 1200 listings at one point. December 2008 we were at 750 listings (slower time of year, some sellers took their property off the market, some sold, some expired - contract was done and property didn't sell). January 2, 2009 we had 762 listings. Today ...

January 2009 Regina MLS stats

Average price Jan 2009 for houses, condos, farms, multi-family, commercial $213,416.     Dec. 2008 $248,692. Average price for houses Jan 2009 $221,762.        Dec. 2008 $231,197. Average price for condos Jan. 2009  $178,519       Dec. 2008 $216,856. December 2008 total dollars was up by 9% from ...