Here is the Winnipeg sales report for March 2011, prepared by WinnipegREALTORS®: Not to take away from former Winnipegger Neil Young’s artist of the year and humanitarian awards at the Junos last month or local REALTORS® rocking the night away March 16th to raise thousands of dollars for the Manitoba Real Estate Association Shelter Foundation, the local real estate market marched to its own s ...

Did you get your City of Winnipeg 'Proposed' General Assessment for 2012? These have been sent out over the last several months to the different market regions of the city. These assessments are based on the Market Value of your property on April 1st, 2010. Note that these notices are only proposals and the final 2012 General Assessment will be mailed out in June of this year.An increase in v ...

Here is the WinnipegREALTORS® news release for the sales activity for January 2011. If you have any questions on Winnipeg Real Estate or would like stats specific to your neighbourhood, feel free to contact me.It appears some homeowners may have been a little more conscientious about keeping their driveways and entranceways shoveled and cleaned this month as listings were up noticeably from l ...

The following sales stats include Average and the Median figures for the detached dwellings in North River Heights. Please note that the Median stats are more accurate of the market sales. A home on Wellington Crescent sold for $1,010,000 in January and this sale skews the average sales numbers for the area.  North River Heights Sales January 2011   Number of sales  - 8 Ave ...

What is the Residential Real Estate market going to do in 2011? Here is the 2011 MLS® Forecast. There are several points taken in the preparation of the forecast. Some of the main points include consumer confidence, housing affordability and immigration. Other variables taken into consideration are the historically low interest rates, rental vacancy rate (current 0.8% puts pressure on real e ...

The Winnipeg real estate market performed well in 2010 even with a lower number of unit sales. The total number of detached dwelling units that sold in 2010 was 9,055 compared to 2009 at 9,194 units. Despite the lower sale in units, the overall dollar volume of detached dwellings increased to $2.189 billion from $2.001 billion in 2009. The annual increase in the average selling price for deta ...

Here some points regarding the recent change to the Canadian Mortgage Rules. The Government's introduced these rules over continued concern for household debt and to ensure home buyers invest responsibly in home ownership. 1.     Mortgage amortization periods will be reduced to 30 years from 35 years. 2.     The maximum amount Canadians can borrow to refinance their mortgages will b ...

Here is the latest Sales data news release from WinnipegRealtors®:  December was a month to remember with WinnipegREALTORS® recording its highest average monthly home sales price ever at $252,414. The previous high was June 2010 at $250,440. This record is not typical of a December. Historically, the highest monthly average sales price tends to be in the busier spring months. The month of th ...

The number of sales of single detached dwellings in the North River Heights* community of Winnipeg was significantly lower in 2010 but the overall median and average sale prices were up approximately 6.0% for the Average sale price, 3.8% for the Median sale price. There were 194 sales of single detached homes in 2009 and only 168 units in 2010. The following sales stats include Average and t ...

Here is the latest press release by WinnipegREALTORS® - November sales report November 2009 may have had better weather and 8 more MLS® sales than this November, but dollar volume once again in 2010 displayed its unrelenting march to greater heights. It increased nearly 10% over the previous highest November dollar volume in 2009. As a result, WinnipegREALTORS® has achieved its highest annua ...