Winnipeg - Despite MLS® sales being down less than 500 for the first time in 6 years, dollar volume continues to forge ahead as it crashed through the $100 million mark for the first time in the month of January. Helping bring this level up to a record total in January was a home sale worth $1,080,000. Last year WinnipegREALTORS® saw more million dollar plus sales than ever before at 14 (prev ...

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 ...

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 ...