Winnipeg’s booming housing market could be here to stay: broker – Winnipeg

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With travelling not an option during the pandemic, many people are finding other ways to spend their extra savings.

For some, it means packing up and moving.

April marked the first time in Multiple Listing Service (MLS) history that Winnipeg sales climbed over 2,000.

According to Peter Squire from the Winnipeg Regional Real Estate board, May was exactly the same.

Read more:
Winnipeg real estate, home building continues to boom

Squire said the COVID-19 pandemic has allowed people to take a step back and think of new ways to spend.

“There’s been that shift in mindset in terms of people wondering how they’re going to cope and deal with a pandemic,” he said.

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The Manitoba Real Estate Association (MREA) statistics for April show 2,341 new listings popped up in April, a 51.9 per cent increase from the previous year. The average sale price was $335,812.

April sales…

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