“Buy land. They’re not making it anymore.”
Mark Twain
Buying a home in Winnipeg has never made more sense and that’s the simple truth as the market continues its steady climb past all previous records. The Judy Lindsay Team believes that the end of the climb is not in sight and most experts agree as the Canadian economy continues to grow.
According to The Canadian Real Estate Association (CREA) the national average price for a home across Canada in April of 2008 was $317,619.00 (Canadian Dollars) compared to $305,499.00 in April of 2007 (this represents an increase of roughly 4 percent). Meanwhile in Manitoba the average price for a home was $201,906.00 in April of 2008 compared to $171,130.00 in April of 2007, a dramatic increase of more than 18 percent. (Source:
http://www.crea.ca/public/news_stats/statistics.htm).
And in 2007 the Winnipeg housing market simply exploded:
- There were 13,079 unit sales. This is the largest number of sales in a single year ever recorded by the Winnipeg Realtors Association in its 105 year history!
- In 2007 total sales exceeded 2.23 billon dollars. This is an increase from the 2006 record of 1.87 billion dollars!
- In 2007 the average detached property sold in 23 days compared to 25 days in 2006.
(Source:http://www.winnipegrealtors.ca/press/Jan08pr/Jan08pr.pdf)
Whether you want to buy or sell a house, a condominium or whether you’re looking for the right investment property, come down to the Judy Lindsay Team and talk to our experts. We can help you buy or sell property for the best price, quickly and painlessly. And then you’ll see why, at the Judy Lindsay Team, we say that customer service is always the main goal.
P.S. Don’t forget to listen for the Judy Lindsay Team Leader, Allan Asplin, on Corus Radio’s CJOB 68 at 680 AM where he’s the Real Estate Expert.
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