WINNIPEG – Home sales in Winnipeg reached record levels in 2016 but we are still one of the most affordable major cities in the country, according to a new report.
The Winnipeg Realtors Association says the average detached home price in the city is just over $300,000.
That’s a three per cent increase since 2015 and the first time our city has reached those levels.
But for condos, it’s a different story.
The average selling price for a condo is down about one thousand dollars to $235,000.
The Real Estate Association also saw all-time highs in its 113 year history for the number of sales and the amount of money the sales are worth.