Blog

WINNIPEG - A record month of sales and dollar volume activity for August capped off a very active summer. July and August were identical twins when it came to sales. However dollar volume differed with lower dollar volume in August due in part to condominium sales...

WINNIPEG - June sales of 1,528 fell short of June 2018 market activity by 1% and 3% from the 5-year average for this month. What really stood out in June is extensive inventory which offers buyers record levels of choice in one of the most affordable housing markets...

Winnipeg among the least expensive cities for renters, report says Following two months of decline, the average monthly rental rate in Canada increased 4% in  May, according to the June national rent report produced by Rentals.ca and Bullpen Research & Consulting....

By Peter Squire The temperature is rising, and so are our expenses, as by now you’ve probably received the City of Winnipeg’s annual property tax bill in your mailbox. Councillor Matt Allard, chair of Winnipeg’s infrastructure renewal and public works committee,...

WINNIPEG - May sales of 1,705 is the first time WinnipegREALTORS® has reached and eclipsed the 1,700 threshold mark for any month including May. It also broke new ground for any month with sales dollar volume vaulting over one-half billion to $526 million. The...

WinnipegREALTORS® likes to say Winnipeg is one of the most affordable housing markets in the country. Earlier this month, when the April MLS® market results were released, an infographic showed that 50 per cent of the single family and condominium listings available...

WINNIPEG - While Manitobans welcomed spring with open arms given a long winter they also were relieved to know potential flooding threats did not come to fruition. Thanks to major engineering flood mitigating projects such as The Winnipeg Floodway or Duff’s Ditch, as...

Dear Fellow Members, Spring is in full swing here at the MREA. Our association events have ramped up and we’ve held numerous RLE classes over the last few weeks. Our AGM took place early this month and our building renovations are set to start next month. In...

Moving in with a significant other is a great opportunity to take your relationship to the next level. However, it comes with its challenges, and one area that often causes tension among couples is home decor. The good news is that even if you have extremely different...

As a smart seller, you’ll want your home in tip-top shape — but you don’t want to eat into your profits by overspending on home improvements. You won’t be around to enjoy them anyway. The key is to focus on the most important repairs to make before selling a house to...

WINNIPEG — Spring is a time of optimism, when we cast off winter’s gloomy grip and walk cheerfully into the warm sunshine. This renewal of energy is apparently being reflected in local housing sales for the beginning of 2019 in the Winnipeg METRO Region. First quarter...

When you buy a house, condominium or land in Manitoba, purchasers must pay a Land Transfer Tax (LTT) upon closing. The LTT is calculated based on the fair market value of the property on the date of registration of a transfer of title. Land Transfer Tax Rates: First...