Policy2.25%Prime4.45%5Y posted6.09%
BOC · Official series

V105 CITY PROFILE · SK

Saskatoon

Balanced rental + rising prices · baseline updated February 2026.
Market trends →
Benchmark price$395,000 5.9%
Average 2BR rent$1,5483.3% vacancy
Estimated mortgage$2,053/mobaseline assumption
Population317.5K2021 census baseline

Market scores

Affordability92

Relative purchasing accessibility compared with local incomes.

Rental competition59

Higher scores indicate a tighter rental market.

Investment potential76

Composite yield, growth and market-balance signal.

New construction65

Recent housing construction and permit momentum.

Market activity78

Price movement and buyer-activity conditions.

Buyer demand59

Population, migration and housing-demand pressure.

Housing supply53

How closely housing supply is keeping pace with demand.

Overall score80

Combined market, affordability, supply and demand rating.

Housing economics

Price-to-rent ratio
21.26
Gross rent yield
4.7%
Payment-to-rent ratio
1.326×
Building permits
$132M
Stress-test rate
8.09%
Historical payment median
$2,324