Regina Real Estate Overview
Residential sales in Regina have been falling, although housing prices have yet to reflect that.
According to the most recent Association of Regina Realtors report, the average residential selling price was $321,832 for March 2013, which is up 10 percent from March 2012. Residential sales for the year-to-date were down 25 percent.
Regina's downtown area is the business district, and is home to several apartments and condos. Immediately north of downtown lies the historic Warehouse district, which has undergone a great deal of residential development in recent years. The Crescents, located just northwest of Wascana Lake, is one of the city's oldest and most affluent neighbourhoods.
- Regina Population (2011)193,100
- 5 Year Population Change7.7%
- Number of Homes in Regina79,600
Why Buy a Home in Regina?
Regina is one of Canada's most economically strong cities. It has the lowest unemployment rate in Canada, at 3.8 percent. The number of jobs grew by 24,600 in February, up to 546,200.
The city's population is lower than many other Canadian urban centres, which gives it more of a friendly, small-town feel. It has an abundance of parks and greenery. Every one of its approximately 350,000 trees was planted by hand.
Citizens of Regina - known as Reginans - have a rich culture that they demonstrate through festivals, music, theatre, and dance. The Mosaic Festival, put on by the Regina Multicultural Council, celebrates Regina's cultural diversity.
Explore Regina's Rich Cultural Heritage
Regina was founded in 1882 by Edgar Dewdney, who chose the spot because it was adjacent to the route of the Canadian Pacific Railway then under construction. The community was named Regina after the Latin word for Queen, in honour of Queen Victoria.
The Railway reached Regina in 1885, the same year as the famous North-West Rebellion in which Metis leader Louis Riel staged an unsuccessful uprising and was subsequently tried and hanged. The events of the North-West Rebellion brought Regina to national prominence. In 1903 it was incorporated as a city, and in 1905 it was made the capital of Saskatchewan.
Regina is a Prairie city, and agriculture has always been a primary driving force in its economy. The discovery of oil and in the area in the mid-twentieth century brought even more development.
Getting around in Regina
Regina is fairly compact and easy to navigate. A number of highways meet in and around the city, including the Trans-Canada Highway, the 6, the 11, and the 33.
Regina's public transit system is the oldest in Saskatchewan. Originally consisting of streetcars, it now operates a network of buses that service 18 routes on weekdays and Saturdays, with more limited service on Sundays. Two bus routes provide express service to the University of Regina.
For walking and cycling routes, check out the ones that run along Lakeshore Drive or up around the creek in A.E. Wilson Park.
Shopping and Amenities
Regina's Cornwall Centre is the main shopping hub, with more than 90 retailers and services. The Northgate Mall and Southland Mall offer additional shopping options, as do the Cathedral district and the Warehouse district.
The city has a number of parks, fields, gyms, ball diamonds, bowling centres, and ice rinks. The RBI Training Centre is a popular training and recreational facility for baseball and softball, and the Royal Regina Golf Club is a premiere destination for golfers.
Regina operates more than 60 elementary schools and 15 high schools. The University of Regina and the Saskatchewan Institute of Applied Science and Technology are the city's two major post-secondary institutions.
Entertainment and Attractions in Regina
Regina's nightlife is mostly centred in the downtown area, and features several bars, clubs, pubs, taverns, and lounges. Casino Regina is housed in the historic Union Train Station, and offers over 800 slot machines with nearly 40 tables.
Other major attractions include the Mackenzie Art Gallery, the RCMP Heritage Centre, the Royal Saskatchewan Museum, and the Kramer IMAX theatre.
The Saskatchewan Roughriders, the province's only professional sports team, play their home games at Regina's Mosaic Stadium. The "Riders" have an extremely loyal fan base - don't be surprised if you find yourself getting swept up in the fandom.