# Lakewood: Regina's 71% Sales-to-Listings Ratio Signals Persistent Seller Leverage Amid Rising Mortgage Costs Regina's residential benchmark price reached $348,900 in August 2026, up over three percent year-over-year, while the city's sales-to-new-listings ratio stood at 71%. These city-wide metrics indicate a tight market that likely affects Lakewood buyers, though no neighbourhood-specific transaction data is available to confirm local price movements. 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 residential benchmark price reached $348,900 in August 2026, up over three percent year-over-year, while the city's sales-to-new-listings ratio stood at 71%. These city-wide metrics indicate a tight market that likely affects Lakewood buyers, though no neighbourhood-specific transaction data is available to confirm local price movements. ## Central finding The Regina real estate market exhibits strong seller leverage, evidenced by a 71% sales-to-new-listings ratio and a benchmark price of $348,900 in August 2026. 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) ## How the numbers connect Calculates the spread between Regina's current sales-to-new-listings ratio and its 10-year average to quantify market tightness. Calculation: Current Ratio (71%) - 10-Year Average (54%) = 17 percentage points above historical norm. Definitions: Sales-to-New-Listings Ratio measures monthly sales divided by new listings. The 10-year average provides a long-term baseline for comparison. Limit: This calculation applies to the City of Regina as a whole and does not establish the specific ratio for the Lakewood neighbourhood. Sources: [Regina Real Estate Stats - Regina Home Values](https://www.reginahomesforsale.com/blog/regina-real-estate-market-statistics/) ## City-Wide Inventory Tightness Drives Price Growth Regina recorded a residential benchmark price of $348,900 in August 2026, representing a slight monthly decline from July but an increase of over three percent compared to August 2025. This price movement occurred alongside a sales-to-new-listings ratio of 71%, significantly higher than the 10-year average of 54%. These figures, measured at the city level, indicate that buyer activity consistently outpaces new supply, creating upward pressure on prices across the Regina market. For residents of Lakewood, these city-wide metrics suggest a competitive environment where sellers retain significant leverage. 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) [Saskatchewan REALTORS® Association SRA | CREA Statistics](https://stats.crea.ca/board/sra/) ## Mortgage Renewals Introduce Affordability Headwinds National financing conditions present a counterforce to the current seller's market. As of September 2026, the lowest available five-year fixed mortgage rate in Canada is 4.24%, with the Bank of Canada holding its policy rate steady at 2.25%. However, 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 over the next year. This renewal wave represents a significant affordability challenge for existing homeowners nationwide. While this financing pressure is measured at the national level, it has potential implications for Regina's housing demand. Higher mortgage costs may reduce the borrowing capacity of prospective buyers, potentially moderating the pace of price appreciation observed in the city. The interaction between rising costs and local inventory levels remains a key variable to monitor. 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 Long-term housing supply in Canada is influenced by federal infrastructure initiatives designed to remove bottlenecks in construction. The Canada Housing Infrastructure Fund, established with $6 billion in funding over 10 years, supports projects that enable housing development by upgrading water, wastewater, and stormwater systems. To qualify for this funding, communities with populations over 30,000 must implement zoning changes allowing four units as-of-right, a policy shift aimed at increasing density and accelerating housing delivery. These federal policies operate at a national scale and do not provide specific details about projects or timelines in Regina or Lakewood. While such measures are intended to improve affordability and increase housing stock over time, their immediate impact on local market conditions is indirect. The retained evidence does not specify which municipal projects in Saskatchewan have been approved under these funds, nor does it detail how these changes will affect the specific housing composition or availability in the Lakewood neighbourhood. 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 mortgage renewal pressures may dampen demand. Borrowers renewing pandemic-era five-year fixed mortgages face an average 15% payment increase, affecting roughly 12% of outstanding Canadian loans. This affordability shock could reduce buyer purchasing power and moderate price growth in Regina, potentially offsetting the current seller leverage indicated by low inventory. 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/) ## Living here Lakewood contains 27 mapped amenity points, including one school (MacNeill School), four parks (Lakewood Park, Ewart Park, Whelan Radway Park, Hird Park), 14 transit stops, and eight recreation facilities. These features are recorded based on map presence only and do not establish walkability, access quality, or buyer demand. Sources: [MacNeill School](https://www.openstreetmap.org/way/243872364) ## The early signal The sales-to-new-listings ratio in Regina, currently at 71% against a 10-year average of 54%. How it reaches the market: A high ratio indicates that sales are absorbing inventory faster than new listings enter the market. This imbalance typically leads to increased competition among buyers, shorter days on market, and upward pressure on benchmark prices before broader economic indicators reflect the change. Typical lead time: This metric often moves ahead of sustained price increases, serving as an early warning of tightening market conditions. 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. Modest increase in Regina's benchmark price, driven by continued low inventory. This is a city-level scenario and not a measured result for Lakewood. Why: Regina's 71% sales-to-new-listings ratio and 1.43 months of inventory in early August 2026 suggest persistent demand exceeding supply. Seasonal factors may slightly moderate volume, but the underlying imbalance supports price stability or growth. Buyers: wait. Waiting allows buyers to observe if the upcoming winter season brings any inventory relief, though the risk of further price increases remains due to low supply. Sellers: list now. Sellers benefit from the current high demand and low inventory, maximizing their chances of receiving multiple offers and achieving asking price or higher. Watch: A significant drop in the sales-to-new-listings ratio below 60% or a sharp increase in active listings would signal a shift toward a more balanced market. 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. Stabilization of Regina's benchmark price as mortgage renewal pressures begin to impact buyer affordability. This is a city-level scenario and not a measured result for Lakewood. Why: The influx of pandemic-era mortgage renewals, with an average 15% payment increase, may reduce the pool of qualified buyers. This affordability constraint could offset the price support provided by low inventory, leading to a plateau in price growth. Buyers: either way. Buyers may find slightly more negotiating room as some sellers adjust expectations in response to reduced buyer purchasing power, but competition will likely remain high. Sellers: wait. Sellers might benefit from waiting until the spring market when new listings typically increase, providing more options for buyers and potentially smoother transactions. Watch: A noticeable rise in mortgage delinquency rates or a significant decrease in sales volume would indicate stronger downward pressure on prices. 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. Resumption of price growth in Regina as the acute phase of mortgage renewals passes and long-term supply constraints persist. This is a city-level scenario and not a measured result for Lakewood. Why: Once the bulk of pandemic-era renewals are complete, the market may return to its previous trajectory of demand-driven price increases. Federal infrastructure funding may also begin to influence long-term supply dynamics, though this effect is gradual. Buyers: wait. Waiting allows buyers to navigate the transitional period of mortgage renewals, potentially finding better terms or prices before the market fully recovers its momentum. Sellers: list now. Sellers who list earlier in the period may capture the remaining strength in the market before potential softening from affordability issues takes full effect. Watch: Significant new housing completions entering the market or a major shift in interest rates would alter the long-term price trajectory. Confidence: low. Sources: [Canada Housing Infrastructure Fund - Housing, Infrastructure and Communities Canada](https://housing-infrastructure.canada.ca/housing-logement/chif-fcil/index-eng.html) [Regina Real Estate Stats - Regina Home Values](https://www.reginahomesforsale.com/blog/regina-real-estate-market-statistics/) Assumptions: No major changes to federal or provincial housing policies occur within the forecast period; Interest rates remain relatively stable, with no sudden spikes in bond yields; Population growth in Saskatchewan continues at a moderate pace, supporting housing demand. What would reverse this: A significant increase in housing starts or a rapid decline in interest rates could accelerate inventory growth, shifting the market from a seller's to a buyer's advantage and reversing the expected price direction. 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) ## Sources - [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. - [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. - [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. - [MacNeill School](https://www.openstreetmap.org/way/243872364): date unavailable. Scope: neighbourhood. Prepared by Aurynge with AI-assisted research and writing. See /methodology for the evidence and publication policy.