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February 18, 2008

Winnipeg Real Estate Sales Reach Record Levels in 2007 and Other Reasons Why You Should Consider Investing or Moving There

Filed under: Real estate news and opinion — Kathryn Collins @ 12:57 pm

Located in the heart of Manitoba, Winnipeg is one of Canada’s fastest growing cities. If you’re thinking about buying property in Canada, be sure to consider the city of Winnipeg. You may just discover some wonderful surprises about one of the country’s most underrated cities!

Top-notch arts and culture

Winnipeg, Canada’s 8th largest city, boasts a thriving arts community, including the Royal Winnipeg Ballet, Canada’s premier ballet school and company. There are also numerous annual festivals, including the Winnipeg Fringe Theatre Festival, the Winnipeg International Writers Festival, and the Jazz Winnipeg Festival. These festivals rival events in bigger cities like Calgary and Vancouver, and include big name artists and featured performances.

Winnipeg also produces some of the biggest Canadian music stars. Neil Young, the Guess Who, Bachman-Turner Overdrive, and the Weakerthans all hail from this modest city of about 700,000. If you’re looking for a city with a developed local culture, Winnipeg is very well worth a look.

Amazing employment opportunities

Winnipeg is an important Canadian center of commerce, industry, finance, and government. Employment opportunities abound, including everything from publicly-funded jobs at the University of Manitoba or in the military, to large private employers like Boeing and Bristol Aerospace.

If you’re planning on opening your own business in Canada, Winnipeg could be a very good choice too. In 2007, the city boasted Canada’s third fastest growing economy with a solid 3.7% growth in GDP. Also, in 2006, Winnipeg was rated one of the lowest-cost Canadian cities in which to do business.

Get in on a hot real estate market

In the spring of 2007, the Winnipeg Real Estate Board achieved record sales volumes, the highest ever in its 104-year history. Property investors and residential buyers are coming to Winnipeg in droves to take advantage of the amazing quality of life the city has to offer. Whether you’re building or buying, check out listings in Winnipeg for that property you’ve been waiting for.

It’s a small wonder that people are finally sitting up and taking notice of Winnipeg. Not only does the city have a fantastic arts community and stellar job opportunities, it also has a wonderful education system, a dropping crime rate, and is close to many beautiful lakes and hiking trails, to boot. No matter what you’re looking for, Winnipeg just might have what it takes for you to settle in and call it home.

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