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Winnipeg's new housing prospects positive: report

Winnipeg is one of only four Canadian cities that are expected to see an increase in new-home construction over both the short and long term, according to a new report from the Conference Board of Canada.

The Ottawa-based think tank said in its latest monthly Metropolitan Housing Starts report that 10 of the 28 cities surveyed have positive long-term prospects, but only four — Winnipeg, Toronto, London and Halifax — have positive expectations for the short term, as well.

Winnipeg was also one of the cities with the biggest year-over-year increase in housing starts in September, the board added.

murray.mcneill@freepress.mb.ca

 

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