Thanks to a near-record first quarter and a record-setting second quarter, the Swift Current real estate market is showing no signs of slowing down according to recent sales statistics released by the Saskatchewan Realtor’s Association.

Local agent Kelsey Adam with Century 21 Accord Realty says they have just seen the busiest first half ever with 189 sales, the second busiest year on record was 2007 with 72 sales. Adam reflects what this could be attributed to.

"People spent a lot more time in their homes and so their homes became different things to them. The home was not just a house it was now an office, it was a school, it was a theatre, it was a home gym. And so I think people were starting to say well maybe our house isn't filling our needs anymore. I guess a second reason is people were able to save for a down payment a little bit easier over the past year."

With no trips or sporting events or extracurricular activities, people were able to save some extra money for a down payment on a home. 

Adam adds that a third factor is interest rates are still near record lows which is encouraging people to buy and there doesn't appear to be any signs that they will be rising in the near future. 

In addition, Adam says that due to more sales and a decent inventory supply it is currently a balanced market.

"Our new listings are up 21% over the last year we've had 318 new listings this year where this time last year we had only 261, but 318 is a more normal average that we would see."

 Due to more sales and a decent inventory supply, Adam says it is currently a balanced market.

 The average sale price of sold inventory rose 15% over this time last year, currently hovering at $285,000, while the market average sale time is just over 90 days.