Winnipeg/Manitoba Real Estate Cycle

Fireftrdan

0
Registered
Aug 17, 2011
18
0
0
40
Winnipeg
#1
Hello,



I've been trying to compile information based on Winnipeg's Economy in order to classify it based on the Trass Methodology found in the "Secrets of the Canadian Real Estate Cycle". CMHC, RBC, and other reputable sites (Presentation given by Winnipeg REALTORS Don White & Peter Squire) have been helpful; however, there are several key drivers that I have not been able to identify.



1. Days on Market

2. Revitilization

3. Real Estate ROI

4. First Time homebuyers.



I believe Winnipeg is a great place for investing as it has stable economic fundamentals, and has been very solid throughout much of the turmoil over the last few years seen abroad. It seems as though it doesn't get much attention. I was wondering if anyone had opinions as to its position in its cycle as well as any thoughts about investing in the city.



Thanks



Dan
 

2ndstory

0
Registered
Jan 26, 2010
218
4
0
51
Winnipeg
#2
I love Winnipeg as a place to invest. I get enough excitement and ups and downs with my stocks. Winnipeg has provided me steady gains in my net worth without the volatility. Right now it is a seller's market and prices are at an all time high, FOR Winnipeg. It's not the time to go buying up anything and everything, but it is the time to do your due dilligence and find those undervalued properties that have been overlooked for one reason or another.



Nik