Question 1

What are current mortgage rates in Regina?

Accepted Answer

Current Regina mortgage rates are competitive with 5-year fixed rates from 4.19% and variable from 3.85%. Regina offers outstanding value with average home prices around $330,000 - the most affordable provincial capital in Canada.

Question 2

Does Regina have land transfer tax?

Accepted Answer

No! Like all of Saskatchewan, Regina has no land transfer tax. Only a small title registration fee applies (~$350). This saves buyers thousands compared to provinces with LTT. With $330K average prices, Regina is incredibly affordable.

Question 3

Is Regina a good place for first-time buyers?

Accepted Answer

Extremely good! $330K average = detached homes under $400K. No land transfer tax. Strong government employment. Arguably the most affordable major city for first-time buyers in Canada.

Question 4

What drives Regina's economy?

Accepted Answer

Provincial government is the largest employer. Agriculture, potash mining, and manufacturing also significant. Very stable economy - government work doesn't fluctuate with resource cycles. Saskatchewan Roughriders bring tourism.

Best Mortgage Rates in Regina 2025

Current Regina Mortgage Rates

Saskatchewan Programs

No Land Transfer Tax

First-Time Home Buyers' Tax Credit

Regina Market Factors

Most Affordable Capital

Government Employment

Wascana Centre

Tools for Home Buyers