Saskatoon housing sales hit $2 billion

CBC News Posted: Dec 02, 2014 - Housing sales in the Saskatoon area continue to climb.

As of November, the Saskatoon Region Association of Realtors (SRAR) says housing sales have now hit the $2 billion mark. It's the first time in the region's history sales have reached that number.

"We had (an) expectation that we would reach this milestone by year's end, but it was a pleasant surprise to see it at the end of November," said SRAR CEO Jason Yochim in a release.

The number of homes sold is also at an all time high, at 5,859 units.

The average price of a home sits at $357,000. That's an increase of four per cent from last year.

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