The preferred rates at the certain banks have dropped slightly. The CIBC 5 year fixed rate mortgage just dropped to 3.89%. The TD and the Royal Bank rates are at 3.99%. With certain sectors of the market becoming more balanced and relatively low interest rates, it is a good time to buy. 

The Real Estate Investment Network (REIN) has ranked Winnipeg in the top 10 places to invest in Canada!

This is what they had to say about Winnipeg - rated #10

"Winnipeg is often left off the real estate investment radar, but Mr. Campbell says it’s a good city for “consistent economic performance — not too high during booms and not too low during downturns.” But people should stick to buyin ...

July 2010 Sales Report provided by WinnipegREALTORS®:

When all is said and done about our Bombers at the end of July - they’re 2 and 3 – but the numbers don’t look all that bad! And to holdCalgary to 6 points in the second half and still have a chance to win with 30 seconds on the clock with our first-string quarterback hurt - a lot of positives are in the air. 

Same with the WinnipegREALTO ...

I just finished uploading this Condo for sale, Lot 2 Hawthorn Beach Drive, Lundar , MB

This is a great lot in the Hawthorn Beach development. You won't find another 100' wide lot with a sand beach within 1.5 hours of Winnipeg for $69,900. Imagine yourself at the beach watching the amazing sunsets or going for a swim in the warm clean water. Invest now, build when your ready. If golfing is a pa ...

 This cabin was recently built on Lot 13. They have some great views of Sugar Point. There is another going up on Lot 22 and I think a couple more may be planned for the near future.

 The weather at Hawthorn Beach today was amazing. This is the beach at Lot 2. It is a nice sandy beach and the lake bottom is great for swimming and hanging out to cool off!