Winnipeg Real Estate 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, Financial Services,Aerospace Sector and Transportation Sector) and that our population is continuing to grow due to immigration from other provinces and out of country. If anyone was considering buying or selling, this would be a very good year to do so. It will probably be more of a seller's market due to the supply being low and demand being high.
Posted by Karen Tereck
on January 20, 2011