Market Updates

Mortgage Interest Rate Outlook for Canada

by Bo on September 4, 2010

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Hi everyone:

I just came across an excellent resource for mortgage rate, interest rate, insurance rate and credit card rate information.  Check out the blog at ratesupermarket.ca

This site features input by some very impressive contributors.  While NO ONE can predict interest rates with 100% accuracy, being able to draw on the experience of some of the countries top mortgage experts gives ratesupermarket a nice advantage in this effort.

The site blog includes categories such as Mortgage Tips, Housing Market, Real Estate and dozens of others.

This month’s Mortgage Rate Outlook predicts that fixed rates are expected to remain the same, ‘with downward bias’,  and variable rates are also expected to remain the same.

This continues to be an excellent time to purchase a house or condo in Winnipeg.  Inventory levels are up slightly, and due to summer vacations, buyer activity is down a little, meaning that your chances of finding and actually getting a house are increased.

If you’re looking to purchase a home (house or condo) in Winnipeg, please call me anytime.  Bo 204-333-2202



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Winnipeg Real Estate Market Update for September 2010

by Bo on September 1, 2010

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Real Estate Market Update report for Winnipeg in September 2010. Stats on listings and sold houses and condos in Winnipeg's hot real estate market

Here we take a look at how many homes are available on the real estate market in Winnipeg, and how many have sold in the past 31 days in Winnipeg. By combining these factors, we get a good idea of where Winnipegs Real Estate Market is heading.

If you’re thinking of buying or selling a house or a condo in Winnipeg, please call my anytime. Bo 333-2202



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Market Report for Condominiums in St. Vital Winnipeg

August 22, 2010 Blog

Hi Everyone: I wanted to send out a quick report on the condominium situation in the south end of St Vital.  I had recently noticed that there is a shortage of good quality condo listings in the south end Winnipeg neighbourhood, a factor which helped on of my recent listings sell for significantly over the [...]

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Market Update for house sales and listings in Lindenwoods, Winnipeg

August 22, 2010 Blog

Hello Everyone: I just wanted to give you a quick look at the real estate market in one of Winnipeg’s upscale neighbourhoods:  Lindenwoods and Linden Ridge. Currently, there are only 12 homes for sale in this prestigious area, ranging in price from $359,900 to $874,900.  in the past 31 days, 10 homes have sold here, [...]

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We sold 201 Horton Ave W. in Transcona Winnipeg

August 20, 2010 Blog

Hi everyone: I’m happy to report that my listing at 201 Horton Ave W in Transcona has sold.  This was a wonderfully updated and cared-for home.  Thank you to all agents who showed it, and a big congratulations to the lucky buyer who purchased this home. If you’re thinking of buying or selling a house, [...]

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Winnipeg Real Estate Market Update for July 2010

August 6, 2010 Blog

Hi everyone: Winnipeg REALTORS® have issued their monthly Market Update report for Winnipeg’s hot real estate market.  In short, we continue to ‘buck’ the national trend, and since Real Estate is a local issue, home buyers in Winnipeg are well advised to listen to these local reports, rather than the national news media. While nationally, [...]

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July 2010 Winnipeg Real Estate Market Update

July 4, 2010 Blog

Hi Everyone: Here is my Real Estate Market Update for July 2010. We take a look at how many homes and condos are on the market on June 30th, and then compare it to how many have sold in the past 30 days. We also compare those stats with sales of houses and condos in [...]

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Winnipeg Real Estate Market Update for June 2010

June 5, 2010 Blog

Hello everyone: As is customary at the beginning of each month, Winnipeg REALTORS® have released their Market Statistics Report for the previous month.  Pretty much as expected, May 2010 turned out to be another banner month.  In fact, sales on the MLS® were 2% higher than in May 2009, with 1394 homes sold.  Dollar volume [...]

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Market Update: Whyte Ridge Winnipeg

April 18, 2010 Blog

Hi everyone: After issuing a market update for Lindenwoods I wanted to take a look at Whyte Ridge, another very popular Winnipeg neighborhood. Currently, there are 9 homes for sale in Whyte Ridge, 8 of which are priced between 259,900 and $400K. The 9th home is over a million dollars. In the past 30 days, [...]

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Market Update: Lindenwoods, Winnipeg

April 18, 2010 Blog

Hi everyone: It’s funny how, when we have a Listing in a certain neighborhood, we tend to pay extra-special attention to that neighborhood. And so it is with Lindenwoods, where my client’s home at 6 Hawkesbury Cr. is for sale. A few weeks back I reported that there were 14 active listings in Lindenwoods, a [...]

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