Home Prices in Regina Continue to Drop: Royal LePage

BY JONATHAN GUIGNARD GLOBAL NEWS

Posted October 10, 2019 11:48 am

Updated October 10, 2019 12:03 pm

Home prices in Regina continue to decline, according to Royal LePage house price survey released on Thursday.

In the third quarter of 2019, the average home price decreased by 5.9 per cent year-over-year to $311,356, according to the report.

The average price of a two-storey home decreased 6.9 per cent to $374,886, while the price of a bungalow dropped 5.4 per cent to $286,544.

Royal LePage’s survey also showed the average price of a condo decreased by 3.4 per cent to $218,671.

“In 10 years, there’s never been a better time to buy in Regina; homes are affordable and we expect to see more activity in the coming months,” said Mike Duggleby, a managing partner at Royal LePage Regina Realty.

“Sellers understand they have to price competitively.”

As for the fourth quarter, Royal LePage expects the average price of a home to decline to $305, 440, a 1.9 per cent decrease from third-quarter numbers.

Across the country, the average price of a home increased by 1.4 per cent year-over-year in the third quarter of 2019, Royal LePage said, with an average price of $630,335.

See the original article here

August top Royal LePage agents donate $1,000 to Dress for Success

We’ve donated over $9,000 to local charities in 2019 alone. This month, we’ve selected Dress for Success, a local organization that provides business clothing for those in need entering the work force and participating in job interviews. It’s a great cause that is close to the heart of many of our agents. Some even have first hand experience with the program.

Regina REALTOR® to walk the Sahara Desert to raise funds for local women's shelter

In November, Royal LePage Regina Realty agent Matt Pfeifer will participate in the Royal LePage Trek for Shelter in Morroco and hike over 100km through the Sahara Desert.

I need your help to end domestic violence.

In 2016 Royal LePage announced the next challenge in support of the Royal LePage Shelter foundation, would be in Iceland the following summer. I was excited for an opportunity to see such an amazing and diverse landscape. And as rewarding as that was there was so much more to the trip and the Shelter Foundation.

During the process of raising funds for my local shelters I was able to meet the people on the front line working in the shelters. This was truly an eye-opening event for me. I have been blessed in my life to have never experienced first hand domestic violence. To see first had the effects and devastation that domestic violence brings was something that made me feel uncomfortable in my own skin. Being at the shelters I felt out of place, awkward and unsettled. All these emotions from a person who has never had to experience the violence and fear first hand.  

If visiting the shelters, seeing first hand the need wasn’t enough to hit home, my next experience surely was. I spend a lot of my free time giving back to my community. It was at one of these community events that I learned someone I have known for a while needed the services of the women’s shelters in Regina previously. Hearing that story really hit me. Now this wasn’t something that happens to “other people” or people I didn’t know, this was personal. This impacts all people from all walks of life.  

The last time I committed to the trek I was able to raise over $11,000 in conjunction with my father. Of that money 80% stays in Regina while the remaining 20% goes to the Royal LePage national foundation. One thing I am very proud of with Royal LePage is that every single dollar raised goes to funding the local shelters and national awareness campaign. Royal LePage funds all costs of administering the charity, paying the staff and renting the offices.

In November 2019, I will be trekking 100 km across the Sahara Desert in support of the Royal LePage Shelter Foundation. For 5 straight days, my colleagues from Royal LePage offices across Canada and I will be hiking up to 7 hours a day across difficult terrain in this hot and dry desert climate, with temperatures dropping considerably at night. We will be sleeping in large group tents, using camping-style bathroom facilities, and going without electricity, cell service and the other comforts of home. To be eligible to participate, I must raise at least $5,000. This journey will not be easy and it has already started for me. I will be preparing physically and mentally for months and will be covering my own travel costs. Each dollar we raise and every step we take will make it easier for women and children in our communities to walk safely away from violence. 

Click here to learn more or donate