Manitoba’s housing market is expected to post steady, incremental growth in 2026, even as Canada’s broader real estate landscape enters what Royal LePage describes as a “reset year.”

In its annual Market Survey Forecast released Tuesday, the company projects the aggregate price of a home in Winnipeg will rise 1.5 per cent year-over-year in the fourth quarter of 2026 to $419,195. Detached homes are expected to see a two-per-cent increase to $462,264, while condominium prices are forecast to edge up one per cent to $274,720.

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Royal LePage Prime Real Estate broker and manager Michael Froese said Winnipeg enters the new year with solid momentum after experiencing price gains and a rebound in sales in 2025.

“Demand remains healthy and buyers are acting when the right prope

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