As a realtor specializing in Winnipeg's diverse neighbourhoods, I understand that global economic policies, such as U.S. tariffs, can influence our local housing market. Recent developments, including President Trump's imposition of a 25% tariff on Canadian imports, have raised concerns about potential impacts on construction costs and housing affordability.

In Winnipeg, the housing market has shown resilience. As of February 2025, All MLS® sales reached 885, marking an 11% increase over February 2024 and aligning closely with the five-year average. Active MLS® listings stood at 2,787, a 15% decrease from the previous year, while the total MLS® dollar volume exceeded $348 million, up 27% from February 2024.

Neighbourhoods such as St. James and Crescentwood continue to attract attention, offering spacious properties with ample outdoor spaces at competitive price points.

Additionally, the average home price in Winnipeg was $357,708 in January 2025, reflecting a 0.3% annual increase.

If you're considering selling your home, it's essential to stay informed about these market dynamics. I offer a free home evaluation to help you understand your property's current value. Feel free to reach out to me at Andy@AndyKloppenborg.com or call 204-999-4455 to schedule your evaluation or discuss any real estate questions you may have.

Recent Developments Affecting the Housing Market

Tariffs Inflict Pain on Home Builders When They Can Least Afford It

'Enormous fear': Housing industry braces for Trump tariffs, workforce cuts