In a media release from the Association of Regina Realtors that featured their mid-point numbers, we saw that the sales from Moose Jaw and Region are down around 10% from this time last year.

The sales being down goes further than just Moose Jaw, as the whole province has seen a drop in sales in the past year.

The average price of a house has gone up 3.1% compared to last year; however, Rob Reynar, Manager of Operations and Member Services from the Association of Regina Realtors, doesn't believe the two numbers affect each other.

"I don't think the increase over the six months of 3% would have any correlation to sales. It's funny, normally when there's less sales you see declining prices, but we've seen a market that actually has been very stable from a pricing stand point."

One thing Reynar suggests could be affecting the market is the new mortgage rules; however, more research has yet to be done to confirm this.

"One big question we're looking at is the effect of new mortgage rule changes on the market place and whether that is having a dampening effect on sales."

Reynar goes on to say that unlike the sales in Moose Jaw, prices have remained consistent, which he says is very good for the market.