# Harbour Landing Market: City Benchmark Hits $348,900 as Seller Leverage Persists Regina's residential benchmark price hit $348,900 in August 2026, up 3.3% year-over-year despite a slight monthly decline. A sales-to-new-listings ratio of 71% confirms a tight seller's market, though national mortgage renewal pressures may soon test buyer demand. Published 2026-10-11. Evidence snapshot 2026-10-12. ## Key facts and reporting periods - Benchmark Price: 343900 cad. Property type: All. Scope: Regina, SK. Reporting date: 2026-10-10. [Source](https://www.reginahomesforsale.com/blog/regina-real-estate-market-statistics/) - Benchmark Price: 348900 cad. Property type: All. Scope: Regina, SK. Reporting date: 2026-10-10. [Source](https://www.reginahomesforsale.com/blog/regina-real-estate-market-statistics/) - Benchmark Price: 349800 cad. Property type: All. Scope: Regina, SK. Reporting date: 2026-10-10. [Source](https://www.reginahomesforsale.com/blog/regina-real-estate-market-statistics/) - Benchmark Price: 356400 cad. Property type: All. Scope: Regina, SK. Reporting date: 2026-10-10. [Source](https://www.reginahomesforsale.com/blog/regina-real-estate-market-statistics/) - Benchmark Price: 350200 cad. Property type: All. Scope: Regina, SK. Reporting date: 2026-10-10. [Source](https://www.reginahomesforsale.com/blog/regina-real-estate-market-statistics/) - Benchmark Price: 345700 cad. Property type: All. Scope: Regina, SK. Reporting date: 2026-10-10. [Source](https://www.reginahomesforsale.com/blog/regina-real-estate-market-statistics/) - Benchmark Price: 343700 cad. Property type: All. Scope: Regina, SK. Reporting date: 2026-10-10. [Source](https://www.reginahomesforsale.com/blog/regina-real-estate-market-statistics/) - Benchmark Price: 336400 cad. Property type: All. Scope: Regina, SK. Reporting date: 2026-10-10. [Source](https://www.reginahomesforsale.com/blog/regina-real-estate-market-statistics/) ## Market summary Regina's residential benchmark price hit $348,900 in August 2026, up 3.3% year-over-year despite a slight monthly decline. A sales-to-new-listings ratio of 71% confirms a tight seller's market, though national mortgage renewal pressures may soon test buyer demand. ## Central finding Regina's residential benchmark price reached $348,900 in August 2026, a 3.3% year-over-year increase that follows a slight monthly dip from July. This city-wide pricing pressure, combined with a sales-to-new-listings ratio of 71%, indicates a persistent seller's market where limited inventory continues to support values despite seasonal cooling. Sources: [Saskatchewan REALTORS® Association SRA | CREA Statistics](https://stats.crea.ca/board/sra) [Regina Real Estate Stats - Regina Home Values](https://www.reginahomesforsale.com/blog/regina-real-estate-market-statistics/) ## How the numbers connect The Regina residential benchmark price declined by 0.26% from July to August 2026. Calculation: $348,900 (August 2026) - $349,800 (July 2026) = -$900; (-$900 / $349,800) * 100 = -0.26%. Definitions: Benchmark price is a constant-mix measure of residential value. The observation period is August 2026, and the geography is the City of Regina. Limit: This calculation establishes a month-over-month change in the city benchmark price. It does not establish a neighbourhood-level price change or a sustained trend. Sources: [Saskatchewan REALTORS® Association SRA | CREA Statistics](https://stats.crea.ca/board/sra) [Saskatchewan REALTORS® Association SRA | CREA Statistics](https://stats.crea.ca/board/sra/) ## City Benchmark Price Holds Steady Amid Tight Supply Regina's residential benchmark price was $348,900 in August 2026, down slightly from $349,800 in July but over three percent higher than August 2025. This city-wide figure indicates that while there has been a minor seasonal adjustment, the underlying value of homes in Regina continues to climb. For buyers and sellers in Harbour Landing, this suggests that the broader market dynamics of low inventory and high demand are likely influencing local transactions, even though specific neighbourhood-level price data is not supplied. The sales-to-new-listings ratio for Regina stands at 71%, well above the 10-year average of 54%. This metric confirms a strong seller's market, where buyer activity consistently outpaces new supply. With only 1.43 months of inventory heading into September, the market remains highly competitive. These city-level measurements do not establish a target-locality outcome for Harbour Landing, but they provide a clear context for the pricing environment that residents and agents are navigating. Sources: [Saskatchewan REALTORS® Association SRA | CREA Statistics](https://stats.crea.ca/board/sra) [Saskatchewan REALTORS® Association SRA | CREA Statistics](https://stats.crea.ca/board/sra/) [Regina Real Estate Stats - Regina Home Values](https://www.reginahomesforsale.com/blog/regina-real-estate-market-statistics/) ## Mortgage Renewal Wave Tests Buyer Purchasing Power National financing conditions are introducing a new variable to the local market. Over the next year, the last of the five-year, fixed-rate mortgages taken out during the pandemic will come up for renewal, representing approximately 12% of all outstanding mortgages. On average, these borrowers can expect their monthly payments to increase by 15%. This significant rise in carrying costs could reduce the disposable income of existing homeowners, potentially limiting their ability to move up in the market or affecting overall demand for new purchases. As of September 18, 2026, the lowest available five-year fixed mortgage rate in Canada is 4.24%, while the Bank of Canada held its policy rate steady at 2.25%. Rising five-year Government of Canada bond yields near 3.65% are exerting upward pressure on fixed rates, which could further constrain borrowing capacity. While these are national figures, they directly impact the financial landscape in which Regina buyers operate. Sources: [Royal LePage Blog | Canadian Real Estate News | Canada's housing market poised for a fall rebound after a slow spring - Royal LePage Blog | Canadian Real Estate News](https://blog.royallepage.ca/canadas-housing-market-poised-for-a-fall-rebound-after-a-slow-spring/) [Best mortgage rates Canada | Compare Canada mortgage rates | Ratehub.ca](https://www.ratehub.ca/best-mortgage-rates) ## Federal Infrastructure Funding Shapes Long-Term Supply The Canada Housing Infrastructure Fund (CHIF), established with $6 billion in federal funding over 10 years, aims to accelerate the construction and upgrading of housing-enabling infrastructure. To qualify for this funding, communities with populations over 30,000 must implement zoning changes allowing four units as-of-right. This policy requirement is designed to increase density and boost housing supply capacity in medium-to-large communities like Regina. While the direct impact of CHIF on private housing supply is mediated by municipal planning decisions, the fund represents a significant investment in removing infrastructure bottlenecks. Projects under the Direct Delivery stream must be substantially completed by September 2031, providing a timeline for when some of these improvements might begin to influence local development. This long-term perspective is crucial for understanding how future housing delivery might evolve, although it does not provide immediate relief to the current tight market conditions observed in the past few months. Sources: [Canada Housing Infrastructure Fund - Housing, Infrastructure and Communities Canada](https://housing-infrastructure.canada.ca/housing-logement/chif-fcil/index-eng.html) ## The strongest counter-case National financing conditions present a counterforce to local price momentum. Borrowers renewing pandemic-era five-year fixed-rate mortgages face an average 15% payment increase, which could dampen buyer demand. Additionally, rising five-year Government of Canada bond yields near 3.65% are exerting upward pressure on fixed mortgage rates, potentially reducing borrowing capacity for new buyers in the coming months. Sources: [Royal LePage Blog | Canadian Real Estate News | Canada's housing market poised for a fall rebound after a slow spring - Royal LePage Blog | Canadian Real Estate News](https://blog.royallepage.ca/canadas-housing-market-poised-for-a-fall-rebound-after-a-slow-spring/) [Best mortgage rates Canada | Compare Canada mortgage rates | Ratehub.ca](https://www.ratehub.ca/best-mortgage-rates) ## Living here Harbour Landing contains 37 mapped amenities: 10 parks including Groome Park, Fairchild Park, and Jim Cairns Park; 3 schools including St. Kateri Tekakwitha and École Harbour Landing School; 23 transit stops along routes such as Harbour Landing Drive and James Hill Road; and 1 grocery store, a Co-op location. Sources: [School](https://www.openstreetmap.org/way/303481897) ## The early signal The Sales to New Listings Ratio, currently at 71% for Regina, measures the percentage of new listings that result in a sale within a given period. How it reaches the market: When the ratio exceeds 60%, it signals that buyer activity outpaces new supply, creating upward pressure on prices and reducing days on market. A decline below this threshold would indicate a shift toward a balanced or buyer's market. Typical lead time: Leading indicator for future price and inventory shifts, typically moving 1-3 months ahead of transaction data. Sources: [Regina Real Estate Stats - Regina Home Values](https://www.reginahomesforsale.com/blog/regina-real-estate-market-statistics/) ## Next 3 months, through December 2026 Prices: rising. Rising, 1-3% for all property types in Regina. This is a city-wide scenario and not a measured target-locality result. Why: Current city benchmark price of $348,900 and a 71% sales-to-new-listings ratio indicate strong seller leverage. The 15% mortgage payment increase for renewals may slightly cool demand but is unlikely to reverse the tight supply situation in the short term. Buyers: wait. Waiting allows buyers to observe if the upcoming mortgage renewal wave causes any price softening, though they risk missing out on available inventory in a tight market. Sellers: list now. Sellers benefit from high demand and low inventory, allowing them to list now to maximize their sale price before potential seasonal slowdowns. Watch: A drop in the Sales to New Listings Ratio below 60% or a significant increase in active listings that extends days on market beyond 30. Confidence: moderate. Sources: [Saskatchewan REALTORS® Association SRA | CREA Statistics](https://stats.crea.ca/board/sra) [Regina Real Estate Stats - Regina Home Values](https://www.reginahomesforsale.com/blog/regina-real-estate-market-statistics/) ## Next 6 months, through March 2027 Prices: flat. Flat to slightly rising, 0-2% for all property types in Regina. This is a city-wide scenario and not a measured target-locality result. Why: The impact of the pandemic-era mortgage renewal wave becomes more pronounced as more borrowers face higher payments. This could reduce the pool of qualified buyers, potentially slowing price appreciation even if inventory remains low. Buyers: either way. Buyers can act now if they find a suitable property, as prices are still rising. However, waiting may offer better negotiating power if the renewal wave cools the market. Sellers: list now. Sellers should list now to capitalize on current demand before the full effect of mortgage renewals reduces buyer purchasing power. Watch: An increase in mortgage delinquency rates or a noticeable rise in the number of properties remaining on the market for over 60 days. Confidence: low. Sources: [Royal LePage Blog | Canadian Real Estate News | Canada's housing market poised for a fall rebound after a slow spring - Royal LePage Blog | Canadian Real Estate News](https://blog.royallepage.ca/canadas-housing-market-poised-for-a-fall-rebound-after-a-slow-spring/) [Best mortgage rates Canada | Compare Canada mortgage rates | Ratehub.ca](https://www.ratehub.ca/best-mortgage-rates) ## Next 12 months, through September 2027 Prices: rising. Rising, 2-5% for all property types in Regina. This is a city-wide scenario and not a measured target-locality result. Why: Long-term price direction depends on the balance between population growth and housing supply. If new construction fails to keep pace with demand, prices will continue to rise. Conversely, if financing costs remain high and suppress demand, prices may stabilize or decline. Buyers: wait. Waiting allows buyers to see how the market adjusts to long-term financing conditions and potential changes in housing supply. Sellers: either way. Sellers have flexibility to time their listing based on personal circumstances, as the long-term trend favors sellers due to low inventory. Watch: A significant increase in housing starts or completions that leads to a substantial rise in active inventory levels. Confidence: low. Sources: [Housing research, finance and mortgage insurance in Canada | CMHC](https://www.cmhc-schl.gc.ca/professionals) [Canada Housing Infrastructure Fund - Housing, Infrastructure and Communities Canada](https://housing-infrastructure.canada.ca/housing-logement/chif-fcil/index-eng.html) Assumptions: National mortgage renewal pressures will continue to affect buyer purchasing power over the next 12 months; Regina's population growth and low inventory levels will remain consistent with recent trends. What would reverse this: A significant drop in interest rates or a surge in new housing completions could rapidly increase inventory, shifting the market balance toward buyers and moderating price growth. Sources: [Saskatchewan REALTORS® Association SRA | CREA Statistics](https://stats.crea.ca/board/sra) [Regina Real Estate Stats - Regina Home Values](https://www.reginahomesforsale.com/blog/regina-real-estate-market-statistics/) [Royal LePage Blog | Canadian Real Estate News | Canada's housing market poised for a fall rebound after a slow spring - Royal LePage Blog | Canadian Real Estate News](https://blog.royallepage.ca/canadas-housing-market-poised-for-a-fall-rebound-after-a-slow-spring/) [Best mortgage rates Canada | Compare Canada mortgage rates | Ratehub.ca](https://www.ratehub.ca/best-mortgage-rates) [Housing research, finance and mortgage insurance in Canada | CMHC](https://www.cmhc-schl.gc.ca/professionals) [Canada Housing Infrastructure Fund - Housing, Infrastructure and Communities Canada](https://housing-infrastructure.canada.ca/housing-logement/chif-fcil/index-eng.html) ## Sources - [Saskatchewan REALTORS® Association SRA | CREA Statistics](https://stats.crea.ca/board/sra): Source reference date 20 September 2026 (observation period not stated). Scope: city, Regina, SK. - [Regina Real Estate Stats - Regina Home Values](https://www.reginahomesforsale.com/blog/regina-real-estate-market-statistics/): Source reference date 20 September 2026 (observation period not stated). Scope: city, Regina, SK. - [Saskatchewan REALTORS® Association SRA | CREA Statistics](https://stats.crea.ca/board/sra/): Source reference date 20 September 2026 (observation period not stated). Scope: city, Regina, SK. - [Royal LePage Blog | Canadian Real Estate News | Canada's housing market poised for a fall rebound after a slow spring - Royal LePage Blog | Canadian Real Estate News](https://blog.royallepage.ca/canadas-housing-market-poised-for-a-fall-rebound-after-a-slow-spring/): First captured 20 September 2026; publication date unavailable. Scope: National, CA. - [Best mortgage rates Canada | Compare Canada mortgage rates | Ratehub.ca](https://www.ratehub.ca/best-mortgage-rates): First captured 20 September 2026; publication date unavailable. Scope: National, CA. - [Canada Housing Infrastructure Fund - Housing, Infrastructure and Communities Canada](https://housing-infrastructure.canada.ca/housing-logement/chif-fcil/index-eng.html): Source metadata date 18 September 2026; not a publication or event date. Scope: National, CA. - [School](https://www.openstreetmap.org/way/303481897): date unavailable. Scope: neighbourhood. - [Housing research, finance and mortgage insurance in Canada | CMHC](https://www.cmhc-schl.gc.ca/professionals): First captured 21 September 2026; publication date unavailable. Scope: city; National, CA. Prepared by Aurynge with AI-assisted research and writing. See /methodology for the evidence and publication policy.