# Glen Elm Park: City-Wide Seller's Market Signals Tight Conditions Regina's housing market remains tight, with a benchmark price of $348,900 in August 2026 and a sales-to-new-listings ratio of 71%. These city-wide metrics suggest continued upward pressure on prices, though no target-scope transaction data exists for Glen Elm Park. Published 2026-09-22. 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 housing market remains tight, with a benchmark price of $348,900 in August 2026 and a sales-to-new-listings ratio of 71%. These city-wide metrics suggest continued upward pressure on prices, though no target-scope transaction data exists for Glen Elm Park. ## Central finding Regina's residential benchmark price reached $348,900 in August 2026, a 3.3% increase over August 2025, while the sales-to-new-listings ratio stood at 71%, indicating a persistent seller's market where buyer activity consistently outpaces new supply. 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 increased by approximately 3.3% from August 2025 to August 2026. Calculation: ($348,900 - $337,700) / $337,700 = 11,200 / 337,700 = 3.32% Definitions: Benchmark price is a constant-mix measure of value changes for residential properties in Regina, SK. The observation period is August 2026 compared to August 2025. Limit: This calculation establishes the year-over-year change in the city benchmark price but 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) [Regina Real Estate Stats - Regina Home Values](https://www.reginahomesforsale.com/blog/regina-real-estate-market-statistics/) ## Regina's Tight Market Drives Price Growth In August 2026, the residential benchmark price in Regina, SK, was $348,900, down slightly from $349,800 in July but over three percent higher than August 2025. This city-wide metric indicates that while sales volume has moderated slightly from record levels, limited housing stock is maintaining upward pressure on prices. The sales-to-new-listings ratio stands at 71%, well above the 10-year average of 54%, confirming a strong seller's market where buyer activity consistently outpaces new supply. These figures are measured at the city level and do not establish specific outcomes for Glen Elm Park. However, the persistent supply shortage suggests that buyers in the neighbourhood may face similar competitive conditions. Days on market averaged 30 compared to a 10-year norm of 48, further highlighting the rapid absorption of available homes. 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/) [Why Regina’s hot real estate market could continue to produce record prices in 2026 - Prince Albert Daily Herald](https://paherald.sk.ca/why-reginas-hot-real-estate-market-could-continue-to-produce-record-prices-in-2026/) ## Financing Constraints May Moderate Demand National financing conditions present a counterforce to the strong local demand observed in Regina, SK. Borrowers renewing pandemic-era five-year fixed-rate mortgages can expect an average 15% increase in monthly payments, affecting approximately 12% of all outstanding Canadian mortgages. This payment shock could reduce household disposable income and borrowing capacity, potentially dampening buyer demand. As of September 18, 2026, the lowest available five-year fixed mortgage rate in Canada is 4.24%, with rising bond yields exerting upward pressure on fixed rates. While these financing mechanisms operate at the national level, they influence the broader economic environment in which Regina operates. However, the combination of rising mortgage costs and Saskatchewan's 4.1% year-over-year CPI increase in July 2026 suggests that affordability pressures may gradually moderate the pace of price appreciation 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) [Saskatchewan's Dashboard - Consumer Price Index](https://dashboard.saskatchewan.ca/business-economy/key-economic-indicators/consumer-price-index) ## Federal Funding Supports Long-Term Supply The Canada Housing Infrastructure Fund (CHIF) allocates $6 billion over 10 years to accelerate the construction and upgrading of housing-enabling infrastructure. Communities with populations over 30,000 must implement zoning changes allowing four units as-of-right to qualify for this funding. This policy aims to increase density potential in medium-to-large communities, directly boosting housing supply capacity and improving affordability metrics. Projects under the Direct Delivery stream must be substantially completed by September 2031. Although CHIF is a national program, its requirements for zoning changes and infrastructure investment could indirectly support housing development in Regina, SK. The fund's focus on removing infrastructure bottlenecks may facilitate new construction projects that address the chronic supply gap identified by CMHC, which estimates Canada needs 187,000 to 238,000 homes annually. Sources: [Canada Housing Infrastructure Fund - Housing, Infrastructure and Communities Canada](https://housing-infrastructure.canada.ca/housing-logement/chif-fcil/index-eng.html) [Housing research, finance and mortgage insurance in Canada | CMHC](https://www.cmhc-schl.gc.ca/professionals) ## The strongest counter-case National mortgage renewal data indicates that borrowers renewing pandemic-era five-year fixed-rate mortgages face an average 15% increase in monthly payments, which could reduce borrowing capacity and dampen demand. Additionally, Saskatchewan's CPI rose 4.1% year-over-year in July 2026, exceeding the national average and potentially eroding household disposable income. 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/) [Saskatchewan's Dashboard - Consumer Price Index](https://dashboard.saskatchewan.ca/business-economy/key-economic-indicators/consumer-price-index) ## Living here Glen Elm Park contains one school (Glen Elm Community School), three parks (Glen Elm Park, St. Mary Park, and one unnamed park), ten transit stops along Park Street and Oxford Street, and one recreation facility. Sources: [Glen Elm Community School](https://www.openstreetmap.org/way/250067017) ## The early signal Sales to New Listings Ratio of 71% in Regina, SK, as of September 2026. How it reaches the market: A high sales-to-new-listings ratio indicates that inventory is being absorbed faster than it is replenished, which typically leads to increased competition among buyers and subsequent price appreciation. Typical lead time: Leading indicator; moves before headline price series as it reflects current absorption rates. 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: flat. Flat to slightly rising (0-2%) for Regina, SK; not a measured target-locality result. Why: Current sales-to-new-listings ratio of 71% and low inventory levels in Regina, SK, support continued price stability or slight increases. This is a city-wide scenario, not a measured result for Glen Elm Park. Buyers: wait. Waiting may allow for potential seasonal cooling or negotiation opportunities if inventory increases slightly. Sellers: list now. Acting now allows sellers to capitalize on current high demand and low inventory before potential seasonal slowdowns. Watch: A drop in the sales-to-new-listings ratio below 60% or a significant increase in active listings. Confidence: moderate. Sources: [Regina Real Estate Stats - Regina Home Values](https://www.reginahomesforsale.com/blog/regina-real-estate-market-statistics/) [Saskatchewan REALTORS® Association SRA | CREA Statistics](https://stats.crea.ca/board/sra) ## Next 6 months, through March 2027 Prices: flat. Flat (0-1%) for Regina, SK; not a measured target-locality result. Why: Mortgage renewal pressures and inflation may begin to affect buyer purchasing power in Regina, SK, potentially moderating price growth. This is a city-wide scenario, not a measured result for Glen Elm Park. Buyers: either way. Buyers should monitor interest rate trends and personal financial readiness; acting either way depends on individual circumstances. Sellers: wait. Waiting may be prudent if market conditions are expected to cool due to financing constraints. Watch: Rising mortgage delinquency rates or a decrease in sales volume in Regina, SK. 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/) [Saskatchewan's Dashboard - Consumer Price Index](https://dashboard.saskatchewan.ca/business-economy/key-economic-indicators/consumer-price-index) ## Next 12 months, through September 2027 Prices: rising. Rising (2-4%) for Regina, SK; not a measured target-locality result. Why: Long-term housing supply gaps and federal infrastructure funding may support gradual price recovery in Regina, SK, assuming stable financing conditions. This is a city-wide scenario, not a measured result for Glen Elm Park. Buyers: buy now. Acting now may secure a property before potential long-term price increases driven by supply constraints. Sellers: list now. Sellers can benefit from anticipated long-term price appreciation due to structural supply deficits. Watch: Significant increases in housing completions or a downturn in the broader Canadian economy. 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 financing conditions remain stable with no sudden rate hikes; Saskatchewan population growth continues at recent levels; No major local zoning changes alter housing supply capacity in the short term. What would reverse this: A significant increase in mortgage rates or a slowdown in provincial population growth could reduce buyer demand, leading to higher inventory levels and flat or falling prices. Sources: [Regina Real Estate Stats - Regina Home Values](https://www.reginahomesforsale.com/blog/regina-real-estate-market-statistics/) [Saskatchewan REALTORS® Association SRA | CREA Statistics](https://stats.crea.ca/board/sra) [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/) [Saskatchewan's Dashboard - Consumer Price Index](https://dashboard.saskatchewan.ca/business-economy/key-economic-indicators/consumer-price-index) [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. - [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. - [Saskatchewan's Dashboard - Consumer Price Index](https://dashboard.saskatchewan.ca/business-economy/key-economic-indicators/consumer-price-index): Source metadata date 18 September 2026; not a publication or event date. Scope: scope unavailable. - [Why Regina’s hot real estate market could continue to produce record prices in 2026 - Prince Albert Daily Herald](https://paherald.sk.ca/why-reginas-hot-real-estate-market-could-continue-to-produce-record-prices-in-2026/): First captured 20 September 2026; publication date unavailable. Scope: City, Regina, SK. - [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. - [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. - [Glen Elm Community School](https://www.openstreetmap.org/way/250067017): date unavailable. Scope: neighbourhood. Prepared by Aurynge with AI-assisted research and writing. See /methodology for the evidence and publication policy.