While several major real estate markets across Canada are experiencing a plateau or even mild regression, Winnipeg’s market continues to hold steady — and, in some cases, thrive. As of May 2025, local data points to a confident, resilient market, with particular strength in the condominium sector. For buyers seeking affordability and long-term stability, Winnipeg stands out as a bright spot on the national map.

A look at the numbers

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According to the Winnipeg Regional Real Estate Board (WRREB), residential MLS® sales in April 2025 totalled 1,523, marking an 8% increase from the same month last year. While new listings were also up, the sales-to-new-listings ratio landed at a strong 69%, suggesting we remain in a seller’s market — albeit one that’s relatively balanced c

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