Winnipeg‘s real estate market appears to be feeling the effects of COVID-19. Peter Squire from WinnipegREALTORS says sales for the first week of April — normally the start of a busy time for agents — have fallen about 25 per cent and listings are down by half.
And Squire says it’s hard to say when things will turn around with both buyers and sellers waiting to see how things evolve in the coming weeks. “This is the start of our spring market and we’re obviously not going to see the spring market behave as it normally does — this will be well below average for what we expect at this time of the year.” However Squire says Winnipeg’s housing market came into the pandemic with momentum, following “probably our best first quarters, first three