|Apartment market (November 2017)|
|Two-bedroom vacancy rate||6.18%|
|Average two-bedroom rent||$1,116|
|Regina housing market (2017 YTD)|
Sources: CMHC Housing Time Series Database, Canadian Real Estate Association.
In 2016, residential building permits were issued to create homes for 1,790 Regina families – an increase of 415 homes over 2015. According to Regina’s monthly Building Permit Report, the total value of residential construction projects for 2016 surpassed $300 million.
In 2016, 621 commercial permits were also issued, slightly down from 680 in 2015. The total value of commercial building and demolition permits issued in 2016 was $304 million. To learn more click here.
Regina office inventory
Vacancy Summary: As at June 30, 2017
|Class A (sq.ft.)||Class B (sq. ft.)||Class C (sq. ft.)||Overall (sq. ft.)|
|Regina office rental rates|
|Class A New||$34.00-$36.00|
|Class B New||$26.00-$30.00|
Source: Harvard Real Estate Inc. Market Overview, September 2017.
|Market Indicator (relative to prior period)||Market Q1 2017||Market Q3 2017||Trend|
|Average Asking Rent**||$11.21||$11.04|
|Average Additional Rent||$3.75||$3.75|
**Average Asking Net Rent is calculated using a weighted average
Source: Colliers International Regina Industrial Market Report, Q1 2017