11°c A few clouds
18°c Sunny
Winnipeg Free Press - ONLINE EDITION
Balanced market will see house prices rise in Winnipeg
(CANADIAN PRESS ARCHIVES)
WINNIPEG — House prices in Winnipeg are expected to climb by five to 6.9 per cent over the short term, according to the latest monthly resale-market report from the Conference Board of Canada.
The board said Winnipeg is one of five Canadian cities that are expected to see year-over-year price increases in that range. The average selling price in August was $258,842 — up 4.2 per cent from July and up 8.3 per cent from a year earlier.
Only seven of the 28 markets examined — Regina, Saskatoon, Gatineau, Montreal, Quebec, Sherbrooke and Saguenay — are expected to see price gains of more than seven per cent, the board added.
It said that despite rising prices, balanced-market conditions still prevail in Winnipeg, with a sales-to-new-listing ratio of 0.727. The balanced market range for Winnipeg is 0.422 to 0.811.
murray.mcneill@freepress.mb.ca
More Local
- Back to Top
- Return to Local
More Local
(1 of 20 articles for today)
Single stab wound was fatal blow in man's death, court hears
1:11 PM
Poll
Most Popular Local
- Man dies after being pulled from vehicle submerged in Winnipeg retention pond
- Developers to unveil plans for bold downtown tower
- Grocer Joe Cantor dies at 88
- Apple trick on Ellen falls short for city woman
- Core grocer a challenge: expert
- A new mom's booze-fuelled hell
- Famous city grocer loved job, customers
- Links plan loses on scorecard
- Couple faces new charges of sexual assault
- The end of the credit card?
- Charleswood deaths being investigated as domestic incident
- Man charged, victims identified in double homicide
- Man dies after being pulled from vehicle submerged in Winnipeg retention pond
- '2 minutes after I read the winning numbers, I retired': Winnipeg lotto winner
- Sex charges for ex-club boss
- Police identify slaying victims
- Aboriginal leader Elijah Harper dies
- Apple trick on Ellen falls short for city woman
- 'Responsible Winnipeg' ads appear on sign run by mayor-owned Goldeyes' baseball park
- Woman killed in head-on crash in southwestern Manitoba
- Hundreds pitch in to dig out houses damaged, destroyed by Ochre Beach ice floe
- A child-custody catastrophe
- Charleswood deaths being investigated as domestic incident
- Man charged, victims identified in double homicide
- Co-worker 'sick' today? Maybe it's the $17M flu
- Man dies after being pulled from vehicle submerged in Winnipeg retention pond
- '2 minutes after I read the winning numbers, I retired': Winnipeg lotto winner
- Parents, community relieved and elated as missing boy found safe
- No threat from bag found at Winnipeg Square
- Man missing since 2009 found safe
- Developers to unveil plans for bold downtown tower
- Grocer Joe Cantor dies at 88
- Famous city grocer loved job, customers
- Manitoba appointees violate feds' rules
- Core grocer a challenge: expert
- 'It's a beautiful story': There's not always a tomorrow to say you're sorry or make things right
- Francophone paper turns 100, digitizes all editions
- Mental-health patients get own ER
- Carving out a niche in traditional art
- The end of the credit card?
- Crushing blow for amateur sport
- Aboriginal leader Elijah Harper dies
- Fishing for fashion
- Province introduces changes to rules governing landlords, renters
- Woman killed in head-on crash in southwestern Manitoba
- Sex charges for ex-club boss
- Developers to unveil plans for bold downtown tower
- Grocer Joe Cantor dies at 88
- Newly minted MD a beacon for kids in youth program
- North End proud
- Hundreds pitch in to dig out houses damaged, destroyed by Ochre Beach ice floe
- Mental-health patients get own ER
- A child-custody catastrophe
- An uncommon phenomenon
- Steen invests $1M in family entertainment centre
- Earls on Main going, but new one coming
- Province introduces changes to rules governing landlords, renters
- Crushing blow for amateur sport
- Boost same-sex curricula: union
- Ochre Beach residents are 'thankful everybody got out'
Ads by Google
You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is register and/or login and you can join the conversation and give your feedback.
Have Your Say
New to commenting? Check out our Frequently Asked Questions.
The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.