Parliament Place, Regina - July 2026 Real Estate Report

Parliament Place, Regina: What Your Home Is Actually Worth Right Now

If you live in Parliament Place and you're still going off your city assessment to figure out what your place is worth, it's time for a reality check. The market has moved. Here's what's actually happening on our streets.

The Vibe: Houses vs. Condos - Two Very Different Stories

We've got a split market in Parliament Place right now, and it matters which side of that line your property sits on.

Houses

The average HonestDoor Price for a house here sits at $405,170. That's dipped 0.48% from the previous period - nothing dramatic, just the market taking a breather. The predicted value for houses lands at $408,235, which is sitting just below the 3-month moving average of $408,841. So prices are easing slightly, but we're not talking about a freefall.

On the neighbourhood leaderboard, our houses rank 80 out of 111 Regina neighbourhoods for growth. That puts us in below-average territory for appreciation right now. It's honest, and it's worth knowing before you price your listing.

• Average HonestDoor Price: $405,170
• Predicted Market Value: $408,235
• 3-Month Moving Average: $408,841
• Recent Value Change: +0.60%
• Growth Rank: 80 out of 111 Regina neighbourhoods
• Estimated Monthly Rent: $2,090 - $2,099
• Rental Yield: 5.81% - strong returns for landlords
• Airbnb Estimate: $104 per night (ranked 50th in Regina)

That 5.81% rental yield is the number landlords should be paying attention to. If you own a house here and you're renting it out, you're doing better than a lot of Regina. That's real money working for you.

Compared to neighbours, Lakeview Place ($408,496) is nudging slightly above us, while Lakeview South ($399,083) and Lakeview Centre ($404,930) are both coming in cheaper. We're sitting right in the middle of the pack.

Condos

This is where Parliament Place gets interesting. Condo owners, pay attention.

The average HonestDoor Price for condos is $203,266, down 1.33% from the previous period. But here's the flip side - the predicted market value is $206,013, and that number is actually climbing above the 3-month moving average of $201,894. The short-term trend is pointing up even while the broader number has dipped.

On the neighbourhood leaderboard, our condos rank 18 out of 90 Regina neighbourhoods for growth. That puts Parliament Place condos among the top performers in the city. That's a stat worth knowing.

• Average HonestDoor Price: $203,266
• Predicted Market Value: $206,013
• 3-Month Moving Average: $201,894 (predicted value is above this - trending up)
• Recent Value Change: -5.05%
• Growth Rank: 18 out of 90 Regina neighbourhoods - top tier
• Estimated Monthly Rent: $1,112 - $1,127
• Rental Yield: 4.32% - moderate but steady
• Airbnb Estimate: $56 per night (ranked 37th in Regina)

Yes, the recent value change shows -5.05%, and we're not going to sugarcoat that. But the predicted value sitting above the moving average suggests the floor may be forming. Nearby Lakeview Centre condos are predicted at $246,988, so there's a price gap worth watching if you're thinking about upgrading within the area.

The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment Right Now

Here's the thing about your city assessment - it's a snapshot from the past. It doesn't know what happened to interest rates last quarter. It doesn't know what the house two blocks over just sold for. It's a static number in a market that moves every single month.

The HonestDoor Price is updated in real time using actual market signals. For Parliament Place house owners, that means knowing your home is sitting around $405,170 to $408,235 right now - not what the city decided it was worth based on older data. For condo owners, it means catching the fact that your predicted value is actually trending above the 3-month average, even when the headline number looks soft.

If you're making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - use the number that reflects today, not last year.

The So What: Thinking About Selling This Summer?

For house sellers, the honest answer is this - you're not in the hottest growth pocket in Regina right now, but you're not in trouble either. A rank of 80 out of 111 means there are stronger-appreciating neighbourhoods, but Parliament Place is stable and priced competitively against Lakeview South and Lakeview Centre. If you price sharp and present well, buyers looking in this price range ($400K-$410K) have real reasons to choose here.

For condo sellers, the picture is actually more compelling than the headlines suggest. A top-18 growth ranking out of 90 Regina neighbourhoods is a legitimate selling point. Lead with that. Buyers doing their research will see it.

Bottom line - summer 2025 in Parliament Place is a market for realistic pricing, not wishful thinking. Know your HonestDoor Price, understand where you sit on the leaderboard, and you'll be ahead of most sellers before you even list.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.