Our latest Retail Report shows Saskatchewan has been in flux for the last few years, however overall conditions appear to have stabilized. Lower levels of home construction in the province and uncertainty surrounding the economy have left many retailers scaling back plans. Despite these factors the retail market is continuing to grow as both new housing and retail construction can be observed across the city.
Central Regina: 9.09%
South Regina: 2.19%
We forecast Regina’s retail market to remain strong with relatively low vacancy and stable rental rates in the short term. Residents of Regina and area, with a growing population of almost a quarter of a million, will see noteworthy openings of food service brands and national retailers in 2019.