Winnipeg holds second place among 16 Canadian cities for affordability


February 18th 2020


 


According to a new report released from RE/MAX, Winnipeg is the second most affordable city in Canada to buy a home!  Regina came in first place being slightly more affordable than Winnipeg.  


According to Donnette Odidison, a broker and manager with Winnipeg RE/MAX Professionals in Winnipeg, the local market has stabilized since 2012 when it was considered a seller’s market.  

 

The report from RE/MAX states that Winnipeg’s urban core, East Kildonan and St James remain the city’s most affordable areas.  

 

In Winnipeg, home prices increased 1.5% from 2018 to 2019 and is expected to continue an upward swing of 2% this year.  

 


What does this mean to you as either a buyer or seller in today’s market?  Let’s chat!  Call me, anytime at 204-979-7650.