Promising year for Winnipeg's housing market
Last year, single family home sales, were third best on record. (File image)
Published Wednesday, January 27, 2016 6:34PM CST
Last year marked a good year for Winnipeg’s housing market according to one market analyst, there are no signs of a slowdown.
Winnipeg realtors went over the 2015 numbers Wednesday morning at Canada Inns Polo Park.
Last year, single family home sales, were third best on record.
The Winnipeg market set a new annual MLS dollar volume record of $3.5 billion.
Condos didn't do as well as expected, but a new condominium act may have played a role in the slow sales.
The housing market is also looking good for 2016.
Canadian Mortgage and Housing Corporation's first-quarter report found Winnipeg’s housing market moved in a healthy direction, when compared to its last report.
The organization downgraded Winnipeg’s over-valuation problem from strong to "moderate".