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April 2023 Real Estate Market Recap
May 10, 2023 April 2023 Real Estate Market Recap Dear Valued Member, I am pleased to share April 2023's MLS® market recap video and press release along with shareable resources created to support you. You'll find the April 2023 video market recap below. For the press...
Appeal approved for condo unit on controversial property
A development in Crescentwood is moving forward on a property with a history of controversy. A committee of three councillors voted 2-1 in favour of an appeal by the developer, to allow a four-storey, eight-unit condo at 514 Wellington Crescent. City planners support...
Winnipeg Housing Market Outlook
By Emily SenykRE/MAX experts lend their local market insights and expectations for the year ahead.The majority of Canadian housing markets balancing out, with 60 per cent anticipated to be balanced markets in 2023.2023 Market Conditions BALANCED MARKET2023 Average...
Posthaste: The way the housing market is stalling, the Bank of Canada may have to hit the brakes sooner than expected
For the first time since 2010, five-year fixed mortgage rates are all above 4% Author of the article: Pamela HeavenPublishing date: May 09, 2022Home prices have also begun to cool. PHOTO BY VICTOR J. BLUE/BLOOMBERGGood Morning! The numbers are in and, as one economist...
Bank of Canada raises key rate to 1 per cent and warns further hikes still to come
OTTAWA - The Bank of Canada has raised its key interest rate by the highest amount in more than 20 years and warns more rate hikes are coming amid new forecasts for higher inflation levels. Governor Tiff Macklem said inflation is too high and is expected to stay...
Canada to ban foreigners from buying homes as prices soar more than 50% in 2 years
Measures contained in federal budget will ban foreign homebuyers for two years, provide billions for home construction Bloomberg News Brian Platt and Ari Altstedter Apr 06, 2022Home prices in Canada have soared more than 50 per cent over the past two years. PHOTO BY...
Purplebricks rebranded as FairSquare
Purplebricks has been rebranded as FairSquare. The brand, which has its roots as a for-sale-by-owner company, has evolved into a full-service brokerage that charges a fixed fee to clients, says Pascal Laflamme, president of FairSquare Group Realty. The company’s...
Adam Zivo: Why the Conservative housing plan really is better than the others
The national housing affordability crisis has put homeownership out of reach for many Canadians, particularly younger ones. Those locked out of ownership find themselves trapped within rental markets where rising prices have made it prohibitively expensive to simply...
Hudson’s Bay site remake plan draws a yawn in Winnipeg – Western Investor
‘Bay claims it “has received interest from a number of stakeholders” for the massive heritage building, but local real estate pros are skeptical' Aug 12, 2021 1:22 PM By: Frank O'Brien, Western Investor The owner of the Hudson's Bay building, which has loomed its...
The Voice: Affordable Housing
Date: August 10, 2021 Dear Valued Member: The Winnipeg Regional Real Estate Board is excited to release our third episode of The Voice, which delves into important real estate-related topics and includes interviews with government and community leaders. Join Peter...
How a REALTOR® can help you prepare to sell your home
Selling your home is no small feat. From marketing to decluttering, and determining the best asking price, there are a number of moving parts involved when getting your property ready to hit the market. Luckily, home sellers don’t have to do it alone. While it won’t...
July’s strong sales activity continues annual record-setting pace
WINNIPEG, August 6, 2021 - Despite July sales slipping back from June 2021 and July 2020 record-setting months, year-to-date market activity is on pace to set another annual sales record for the third consecutive year. Sales of 11,797 for the first seven months are up...