As homeownership rates increased, the percentage of renters in Regina decreased correspondingly. The renter population dropped from 25% in 2013 to just 11% in 2022. Despite this decline, average rent prices showed an upward trend, increasing from $1,263 in 2013 to $1,522 in 2022, a 20% rise. This increase in rent prices, despite a shrinking renter population, could be attributed to factors such as overall property value appreciation and potential improvements in rental unit quality. Recent data shows a slight fluctuation in home prices, with the average value decreasing to $309,395 in 2023 but showing signs of recovery in 2024 at $312,603. This minor variation occurs against the backdrop of significantly higher interest rates, which reached 5.02% in 2023 and 5.33% in 2024. These higher interest rates may impact affordability and could potentially influence future homeownership trends in the neighborhood. Predictive models forecast that average home prices in Regina will continue to rise over the next five years, albeit at a more moderate pace than seen in the previous decade. By 2029, average home prices are projected to reach approximately $340,000 to $350,000. For rent prices, the forecast suggests a continued upward trend, potentially reaching an average of $1,700 to $1,800 per month by 2029. In conclusion, Regina has undergone a significant transformation in its housing market over the past decade. The neighborhood has seen a substantial increase in homeownership rates, rising from 75% in 2013 to 89% in 2022, accompanied by a near doubling of average home prices. While the renter population has decreased, rent prices have continued to rise. The recent stabilization in home prices and higher interest rates may signal a new phase in Regina's housing market, potentially leading to more balanced growth in the coming years.