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What's going to happen in the Winnipeg Real Estate Market in 2025? But first, how did our predictions do last year in 2023 with 2024 market? We were a 100% accurate. We said that interest rates would drop and they did. We said that there would be strong demand for housing and there was. We also said that there would be an increase in overall prices and there was a massive increase in overall prices. Especially compared to rest of Canada. Now going into 2025, what do we expect? Very similar results, we expect that interest rates will continue on their downward trend, we expect there to be an increase in demand for houses. Especially with a lot of those interest rates resetting for people who had low mortgages in 2020 and 2021 and we expect because all of this prices to increase again and finally from all of us at Judy Lindsay Team Realty have a very Merry Christmas and all the best in 2025!

What is the most common advice that agents give their clients in December and also what you should really know if you're thinking of selling your house in December but first, what happened in the Winnipeg Real Estate Market in November. In November in Winnipeg, we saw sales stay almost exactly the same over last year up .5 % and prices up a staggering 12%. In condos, we saw sales down 10.6% and prices up 7.7%. As you can see the market and Winnipeg continues to be strong because of lack of supply of houses we're seeing that really good increase in overall pricing and this is expected to continue into 2025. Now what most agents tell their clients in December is to take their houses off the market and bring them back in January where they can get a new MLS number, a 2025 MLS number, so it looks fresh to market. Now the only problem with that is that Real Estate is and always has been about supply and demand meaning that as houses come off the market there's less supply which means there's greater demand. It's really not quite as simple as that and that's why you have to work closely with your Realtor to ensure that you are going to market at the right time and the right price.