Winnipeg MLS® Forecast for 2010

January 29th, 2010

Here are some interesting stats and comments from the recent WinnipegRealtors® forecast meeting. I thought you may be interested in hearing about the summary of 2009 and what is in store for 2010. It appears that 2010 could be a good for both buyers and sellers. Low interest rates are expected to remain with no changes until the 3rd Quarter. Strong demand for housing should generate good inte ...

Record Low Rates to Remain

January 21st, 2010

Canada is still not out of the woods yet on economic recovery, the Bank of Canada said as it announced that its trend-setting overnight rate will remain at a record-low 0.25 per cent. The central bank said the global economy is beginning to pull out of its severe slump. But it said a return to normal economic growth hinges on financial pump-priming, low interest rates and bank bailouts. "The ...

Year End 2009 Sales Highlights

January 12th, 2010

In 2009 there were 14 MLS® residential sales over $1million, 13 were residential-detached listings and one was a condominium. The highest sale price of all of them was a Wellington Crescent condo at $1.5 million. In contrast to these higher end sales, the lowest priced listing was a residential-detached property which sold for $3,500. The 9,205 residential-detached sales in 2009 represent 3 o ...

Year End 2009 Sales Report

January 12th, 2010

Great Finish to 2009, almost $2.5 Billion Worth of MLS® Sales. Winnipeg’s MLS® market shook off early year recession concerns and another major flood to post a much better second half and end the year with a strong result.  2009 MLS® sales of 12,182 only take a back seat to the 2007 record-setting year of over 13,000 sales and to 2008 and 2006 where sales were 12,630 and 12,304 respectively. ...

Prepare Your Home to Sell!

January 5th, 2010

Make sure that you get the best return for each dollar you spend. Contact Greg for a complementary ‘prepare your home’ consultation.  

If your planning to sell, make sure you get the most value from your renovations. Be aware that different renovations will give you a different return and the newer the improvements the more of the investment you will recover. Buyers often buy on emotion so t ...