The Saskatoon and Region Home Builders’ Association have released their economic overview and new housing analysis for the Saskatoon Region for the third quarter of 2018. The report says new home, renovation and repair accounted for 11,075 jobs in Saskatoon last year and says that permit numbers are down significantly in 2018. Throughout September nearly $33.9 million dollars’ worth of building permits were issued in the Saskatoon region. That represents a 24 per cent drop compared to the same period the previous year. For the first time in 18 years, the number of new families in the Saskatoon region will outpace the amount of new housing construction in 2018. The report also says residential construction in the region continues to slow down. Although there are signs of improvement. The amount of new unsold homes went down 46.5 per cent from a high of 905 units in February of 2017 to 484 units in September of this year.