CMHC report on Winnipeg market

 

Recently media reported that Regina and Winnipeg were under a "watch or risk" category as our market was overvalued. 

The "real story" is that condos and new homes are the target not resale homes. The past several months there has been an increase in existing supply of new home and condo inventory.

http://www.cmhc-schl.gc.ca/en/corp/nero/nere/2015/2015-04-30-0900.cfm

 

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