Explore articles on the latest in Manitoba real estate news with thoughtful insights from the Purplebricks team. Purplebricks makes understanding real estate simple.
Manitoba Real Estate
Manitoba Real Estate Market Update: September 2021
Despite still being a seller’s market, the Winnipeg real estate market experienced a decline in sales, new listings, and active listings, which are all down year over year and month over month. First-time buyers are leaning heavily towards condos as a more affordable way to enter the marketplace.
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Manitoba Real EstateGood ’Hoods: Best Winnipeg Neighbourhoods for Families With KidsWith its character neighbourhoods, green spaces and access to outdoor activities, Winnipeg is an ideal city for families with children. If you and your family are considering becoming Winnipeggers or plan to move within the city, here are four excellent family-friendly neighbourhoods.
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Manitoba Real EstateHow Baby Boomers Could Change the Real Estate Market in WinnipegBaby boomers in Winnipeg represent about a quarter of the population, and 90% of them are home owners. But as they advance into their retirement years, what changes can we expect to see in the real estate market? It all depends on whether they choose to age in place or sell.
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Manitoba Real EstateBuying a rental property in college towns? What property investing could look like this SeptemberWe look at three university regions: Kitchener-Waterloo, Winnipeg, and Calgary. In this student housing market report, we assess each region based on housing demand and potential for growth important things to consider when selecting a university or college town to purchase an investment property
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Manitoba Real EstateManitoba Real Estate Market Update: July 2021It's still a good time to sell your home in Winnipeg with 57% of all new MLS® listings being sold in July and 54% of those selling over list price. There were 8 sales over $1 million and the most active price ranges were from $500,000 to $749,999 and from $300,000 to $349,999.
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Manitoba Real EstateManitoba Real Estate Market Update: June 2021June was another hot month for Winnipeg real estate! The increase in new listings and active listings month over month did little to curb the seller’s market in Winnipeg as average selling prices continued to steadily climb.
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Manitoba Real EstateManitoba Real Estate Market Update: May 2021May was another hot month for Winnipeg real estate! The ongoing strength of buyer demand led to the second-highest sales in history, surpassed only by April of this year. And while supply levels got a welcome boost, prices continue to rise for some home types.
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Manitoba Real EstateManitoba Real Estate Market Update: April 2021The hot streak continued in April as Winnipeg sales hit 2,000 for the first time in history! However, high buyer demand was met by declining numbers of new listings, which is keeping inventory well below average levels and continues to drive year-over-year price growth.
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Manitoba Real EstateManitoba Real Estate Market Update: March 2021March went out like a lion in Winnipeg! According to the latest report, a shower of new listings was met by record-breaking sales, which is keeping inventory at close to half of last year’s level. With supply running low and buyers moving into higher price ranges, it’s a seller’s market!
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Manitoba Real EstateManitoba Real Estate Market Update: February 2021The Winnipeg market is warming up! New listings in February were no match for growing buyer demand as sales leapt 48% over last year’s total. With inventory levels shrinking by almost as much at 41%, sellers are in the driver’s seat and prices are on the rise.
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Manitoba Real EstateShould You Buy a Home in a Seller’s Market?In the year since the pandemic halted the 2020 spring real estate market, record-breaking sales have pushed prices to soaring heights in many parts of the country, while inventory levels have dwindled. In seller’s markets like these, should you buy a home? Here’s what you need to consider.
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Manitoba Real EstateManitoba Real Estate Market Update: January 2021Winnipeg’s real estate market saw brisk sales continuing into the new year, which has helped keep inventory levels low despite a 78% month-over-month growth in new listings. Demand for detached homes is particularly strong, pushing the average price up by more than 14% compared to last January.
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Manitoba Real EstateManitoba Real Estate Market Update: December 2020Winnipeg saw a seventh consecutive record-breaking month for sales in December, despite a rocky spring market and some seasonal slowing. With sales outpacing new listings, buyer activity is moving into higher price ranges, suggesting markets that are favouring sellers.
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Manitoba Real EstateManitoba Real Estate Market Update: November 2020Winnipeg home sales broke the record for the month of November, despite an overall easing of sales compared to earlier this year. High buyer demand continues to put upward pressure on detached home prices, while new listings are on the decline.
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Manitoba Real EstateShould You Sell Your Home During the Pandemic?The outbreak of COVID-19 early this spring dealt some staggering blows to Canadian real estate; with declarations of states of emergency and the implementations of lockdown procedures, the industry all but stopped in its tracks. In view of ongoing waves, what should home sellers expect?
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Manitoba Real EstateManitoba Real Estate Market Update: October 2020Winnipeg’s real estate market is still going strong, undaunted by the colder weather moving in and the ongoing pandemic. High buyer demand has led to impressive sales and price growth across all residential categories on a year-over-year basis, while new listings are on the decline.
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Manitoba Real EstateWinnipeg’s Real Estate Market: A Decade of Steady GrowthSince the pandemic decimated the spring real estate market in Canada, we’ve seen an impressive bounce back: in Winnipeg, sales have jumped 36% since October 2019! But how do this month’s figures compare to the last decade? We’re looking at the last 10 years of October market activity to find out.
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Manitoba Real EstateManitoba Real Estate Market Update: September 2020Winnipeg’s real estate market is showing no signs of slowing down: sales for all property types broke the record for September, and strong buyer demand has contributed to the depletion of available listings. This, in turn, is putting upward pressure on prices.
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Manitoba Real EstateBuying an Investment Property: 5 of Canada’s Top Cities for RentalsThere are a lot of reasons why a rental property can be profitable, but if you’re thinking of making this type of investment, it’s important to look at the local rental market. Like residential real estate, each city or region has a rental market which can be measured with key metrics.
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Manitoba Real EstateManitoba Real Estate Market Update: August 2020The invigoration seen in Winnipeg’s real estate market made for a strong end to August, despite slight decreases from last month's soaring figures. Sales surpassed 1,800 for the third straight month, with a year-over-year increase of 28%.
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Manitoba Real EstateManitoba Real Estate Market Update: July 2020The Manitoba real estate market saw signs of recovery in June that has carried through to July. As a result, July set a record for sales and pushed Winnipeg’s year-to-date sales beyond its 2019 figures despite the pandemic.
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Manitoba Real EstateWinnipeg Home Sellers are Still Saving Thousands (even during COVID-19!)Winnipeg is a city with an ideal mix of urban living and nature, it is a great place to live, work, and play in – and a great place to save thousands in commission when selling your home!
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Manitoba Real EstateManitoba Real Estate Market Update: June 2020In Manitoba, we are seeing most markets are in a seller's market. In other words, there is not enough listings on the market to meet homebuying demand, which increases competition among homebuyers and can drive home prices up.
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Manitoba Real Estate5 Reasons to Buy a Home in Winnipeg, Right Now!Looking at capital cities across Canada, Winnipeg is one of the most affordable while still allowing residents to enjoy city living with a strong job market.
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Manitoba Real EstatePurplebricks REALTOR® Brings Joy to Children in Winnipeg During COVID-19Our REALTOR® Chris Wintink has been joining Covid-19 Cruises for Kids and helping children celebrate their birthdays in a special way during isolation.
