Interest rates to stay low for the next 12 months possibly 24 months. House prices predicted to increase 0-3%, Condo prices expected to increase 3-5% Market to continue to be strong in Winnipeg due to diverse economy and increasing population and low interest rates. This is the time to move up if you are thinking of it or get into the market.
Posted by Karen Tereck
on January 27, 2012
Winnipeg's real estate market is continuing to be very active. Hottest price ranges are under $350,000 where selling prices are going for close to list price or way above if there are multiple offers. 1 in 2 houses in this range are selling above list price. Pricing is still very important in how a property sells. Winnipegers need to feel the home has good value at its list price. Our snow is ...
Posted by Karen Tereck
on April 20, 2011
this is a real sweet deal. organic veggies delivered all summer long. (approx 18-20 weeks) go to this website www.boundrycreekfarms.ca to read more. my family and another family are going to be sharing a full share of veggies. i think sharing is the way to go.
Posted by Karen Tereck
on April 20, 2011
Winnipeg is continuing to be the shining light in all of Canada. "Winnipeg to be the hottest market" as per the Globe and Mail January 7/11. Predictions are that housing prices in Winnipeg will increase 7-9% Condominium prices will increase 6-8%. A large part of our success is due to the fact that Winnipeg has a very diversified economy (Biotech/Life Sciences, ICT Sector, ...
Posted by Karen Tereck
on January 20, 2011
The year started out with a lower than usual amount of listings and lots of buyers. This caused 42% of the listings to sell at list price or above list price. As we move into spring, we can expect a lot more homes to come on the market. This should help to balance the market. With incredibly low interest rates, many first time home buyers are taking advantage of entering the market and ...
Posted by Karen Tereck
on March 28, 2010
I attended a 2009 Forecast Breakfast meeting on January 21, 2009 and things are expected to be pretty decent in our Winnipeg real estate marketplace. Most of the presenters had Winnipeg's housing prices going up from 2% - 5% (unlike the rest of the country, especially in the east), number of listings will be up and the number of sales to stay the same as 2008. This ...
Posted by Karen Tereck
on January 30, 2009
You may read about doom and gloom regarding the us housing market and even some of the other markets in other canadian cities but that does not apply to Winnipeg's current housing market. Winnipeg has been noted by CMHC to be the one market which has not been affected by these tough times. It is attributed to Manitoba's diverse economy and strong immigration figures that continue to increase our ...
Posted by Karen Tereck
on October 26, 2008
The Winnipeg Realtors Association has predicted that houses will go up between 11 and 13% in 2008 and condos will go up 7 - 10% in 2008. There is no slowdown in Winnipeg's housing market predicted as population growth will continue to grow in 2008 as per the Provincial Statistics Department. There has been an increase in immigration in both with interprovincial movement and also from out of country.
Posted by Karen Tereck
on March 8, 2008