The population of Saskatchewan has hit another all-time high. New population numbers released by Statistics Canada show that 1,086,564 people were living in Saskatchewan at the end of October 2012.
That’s an increase of 6,606 people in the third quarter of 2012, and an increase of 23,024 people from October of 2011.
Most of the population growth in the last three months came from international migration, with more than 3,700 people moving here from other Countries. Almost 1,300 people moved to Saskatchewan from other provinces during the third quarter, with more than half of those newcomers coming from the province of Ontario.
248 people moved here from Manitoba in the past quarter, 194 people came from British Columbia, and 34 came from Alberta.
The Provincial Government has a goal of 1.2 million people living in Saskatchewan by the year 2020. If our population growth continues at last year’s rate of 2.1 percent, we will have 1,281,845 people living in Saskatchewan by this time in 2020.
Our population growth bodes well for the housing industry in Saskatchewan, and for sales of existing homes in the province. Prices throughout most of the Province have pretty much doubled since this time 6 years ago, and they have been stable, or slowly rising for the past couple of years.