Winnipeg Real Estate Market Update January 2021
Real Estate market report for house and condo sales in Winnipeg in January 2021. Showing listing stats, sold stats, multi-media including audio.
Real Estate market report for house and condo sales in Winnipeg in January 2021. Showing listing stats, sold stats, multi-media including audio.
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o r e c a s t 2 0 2 1<br />
that with (what I believe will be) higher<br />
listing activity, and we should have a<br />
very good year for selling and buying a<br />
home in our city.<br />
at magazine.winnipeghomefinder.com).<br />
The amazing thing (to me, at least) is<br />
that with all the talk of unemployment,<br />
businesses closing and industries<br />
undergoing pandemic restructuring and<br />
hardships, the buyer activity remains as<br />
high as it did. I can only imagine what<br />
will happen when the overall economic<br />
conditions improve.<br />
REAL ESTATE FORECAST<br />
FOR <strong>2021</strong>?<br />
In my humble opinion, I think <strong>2021</strong> will<br />
be a bright one, all around. We can see a<br />
light at the end of the pandemic tunnel,<br />
with 2 vaccines already in production, a<br />
3rd one getting close and another one<br />
(Johnson & Johnson) rumoured to be in<br />
the works.<br />
In the near term, I believe that the first<br />
homes to be listed around Feb/March<br />
will see incredible buyer activity. By<br />
that time, buyers will be itching to get<br />
going again. Many of these buyers had<br />
been unsuccessful in 2020, unable to<br />
compete in bidding wars. So if you’re<br />
looking to sell, being early to market<br />
might not be a bad idea.<br />
G e t y o u r h o m e r e a d y n o w b y<br />
decluttering (you can donate a lot of<br />
the gently used stuff to D’Arcy’s<br />
Animal Rescue Centre, their new thrift<br />
store ‘Annie’s Attic’ will be open soon<br />
at 1560 Main St.)<br />
Fix anything you need to repair, such<br />
as worn out carpets, scuffed or worn<br />
paint etc. And call your favourite<br />
REALTOR for a pre-list examination<br />
and some final tips.<br />
My real estate forecast is: I think <strong>2021</strong><br />
is gonna be wild…..in a good way.<br />
Interest rates are expected to remain low<br />
well beyond <strong>2021</strong>, which is the main<br />
driver of the buyer enthusiasm. Couple