Average retail net asking rate is rose $1.42 PSF to $25.69 year over year. The highest value locations such as the North, Northeast, and East areas of Saskatoon have near zero vacancy, and thus asking rates are not included in these areas.. As of Q3 2026 nearly every new retail development within Saskatoon is at full occupancy. Approximately 300,000 Sf of retail is proposed within Saskatoon but cost of construction and zoning regulation hurdles are slowing the implementation of these future projects.