Parliament Place, Regina - September 2026 Real Estate Report

Parliament Place, Regina: Your Neighbour Just Got a Price Update. Did You?

If you live on a quiet street in Parliament Place and you have not checked your home's value lately, now is the time. The market here is moving - and depending on whether you own a house or a condo, the story is very different. Here is the real breakdown.

The Vibe: Houses vs. Condos in Parliament Place

Let's split this into two honest conversations, because lumping them together would do you a disservice.

Houses - Holding Steady at the Top of the Pack

If we own a house in Parliament Place, we are sitting in a solid spot. The average HonestDoor Price for houses here is $410,877 - up 1.74% from the previous period. That is not a headline-grabbing spike, but steady, quiet appreciation is exactly what long-term owners want to see.

• Average HonestDoor Price: $410,877 (up 1.74%)
• Predicted market value: $404,946
• 3-month moving average: $406,487 (current value is slightly below - market is taking a small breather)
• Recent value change: -0.33%
• Estimated monthly rent: $2,084
• Rental yield: 5.81% - that is a strong return for landlords
• Neighbourhood growth rank: 32 out of 108 in Regina - above average

That growth rank is worth paying attention to. Out of 108 comparable neighbourhoods in Regina, Parliament Place houses land in the top 30%. On the neighbourhood leaderboard, that puts us ahead of most of the city. Our nearby neighbours in Lakeview South ($397,266), Lakeview Centre ($405,834), and Lakeview Place ($401,897) are all priced below us - which tells you Parliament Place is holding a small but real premium over the surrounding area.

The rental picture is also strong. A yield of 5.81% on a house is not something you see everywhere in Regina right now. If you are an investor or thinking about renting before you sell, that number matters.

Condos - A Big Jump in Price, But Watch the Growth Rank

The condo side of Parliament Place is a more nuanced story. The average HonestDoor Price for condos here is $245,692 - and it has jumped 20.05% from the previous period. That is a significant move. But before you pop the champagne, let us look at the full picture.

• Average HonestDoor Price: $245,692 (up 20.05%)
• Predicted market value: $204,656
• 3-month moving average: $204,645 (value is nudging upward - a good sign)
• Recent value change: +0.68%
• Estimated monthly rent: $1,119
• Rental yield: 4.32% - moderate, not a slam dunk for investors
• Neighbourhood growth rank: 66 out of 88 in Regina - below average
• Nearby Lakeview Centre condos are predicted at $233,248 - slightly above our predicted value

The 20% HonestDoor Price increase is eye-catching. But the growth rank of 66 out of 88 puts Parliament Place condos in the lower tier of Regina neighbourhoods for momentum. The price jumped, but the sustained growth trend has not fully caught up yet. If you own a condo here, that gap between the HonestDoor Price and the predicted value is something to watch closely.

The Secret Sauce: Why Your HonestDoor Price Beats Waiting for Your Tax Assessment

Here is the thing about your city assessment - it is a snapshot taken in the past, updated on a slow government schedule. By the time it lands in your mailbox, the market has already moved on.

The HonestDoor Price is a real-world check updated in real time. For Parliament Place house owners, it is currently showing $410,877 - a live number that reflects what is actually happening on the street, not what happened 12 to 18 months ago. For condo owners, that 20.05% increase in the HonestDoor Price is the kind of signal that a static assessment would completely miss until next cycle.

If you are making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number to start with. Not the assessment. Not a guess. The real-time read.

The "So What?" - Thinking About Selling This Summer?

For house owners, the case for listing this summer is reasonable. You are sitting above your neighbours in Lakeview South, Lakeview Centre, and Lakeview Place on price. Your growth rank puts you in the top 30% of Regina. The market has taken a tiny short-term breather (-0.33%), but the 1.74% overall increase and a strong rental yield of 5.81% signal that demand for Parliament Place houses is real. Buyers looking for value close to Lakeview will find your street on their shortlist.

For condo owners, the timing question is trickier. The HonestDoor Price surge of 20.05% is a positive signal, but the below-average growth rank (66 of 88) and a moderate rental yield of 4.32% suggest the condo market here is still finding its footing. If you need to sell, the price jump gives you a better position than you had last period. If you can wait, watch the next few months to see if that momentum holds.

Bottom line - Parliament Place is not the flashiest neighbourhood in Regina right now, but for house owners especially, it is quiet, consistent, and priced above the competition next door. That is not a bad place to be heading into summer.

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.