As we head into Canada Day weekend, it’s the perfect time to reflect on what makes our country such an exceptional place to call home. For many Canadians, that reflection includes where they choose to live. This year, more homebuyers are making luxury part of their story — and according to the 2025 RE/MAX Spotlight on Luxury, Winnipeg deserves a closer look.

Luxury in 2025 is not just about price or square footage. It’s about lifestyle, livability, and long-term value. From that perspective, Winnipeg is gaining ground.

Luxury Home Sales Are Rising Across Canada — And Winnipeg Is One to Watch

The RE/MAX national report highlights a shift across the Canadian luxury market. While some major urban centers like Vancouver and the Greater Toronto Area saw year-over-year declines in high-end sales, smaller and more balanced markets experienced solid growth.

In fact, Winnipeg saw a 9.5 percent increase in luxury home sales during the first two months of 2025, outperforming several larger markets. Cities such as Saskatoon, Edmonton, and Halifax also posted strong gains, pointing to a broader trend: more buyers are seeking luxury in markets where lifestyle and value align.

Why Luxury Buyers Are Choosing Winnipeg

The report identifies several factors driving Winnipeg’s continued appeal in the high-end segment:

• Value for Investment: Winnipeg’s $800,000 luxury threshold offers more for less compared to cities where luxury starts at $1.5 million or higher.

• Diverse Inventory: From character homes in Wellington Crescent to new builds in Bridgwater, buyers can choose between timeless charm and modern design.

• Lifestyle-Focused Communities: Neighbourhoods like Sage Creek and South Headingley offer space, walkability, and a strong sense of community.

• Population Growth: A steady stream of interprovincial migration and newcomer interest continues to support housing demand across Winnipeg.

• Market Resilience: While uncertainty and global market shifts have slowed momentum elsewhere, Winnipeg’s more balanced fundamentals offer stability.

If you want to better understand how Winnipeg defines luxury, you might enjoy reading my recent blog post on that very topic. What Defines Luxury in Winnipeg’s Real Estate Market in 2025?

National Trends That Align with Winnipeg’s Strengths

According to the RE/MAX report, the Canadian luxury market is being shaped by several trends that play directly to Winnipeg’s strengths:

• Buyers are showing increased demand at the lower-to-mid luxury range

• Many are moving further outside of urban cores to gain more space, privacy, and value

• Population growth and wealth transfer among Boomers and Gen X are fueling new movement in the housing market

• The majority of active buyers today are looking for livability first, not just location prestige

These shifts highlight an important takeaway: luxury is evolving across Canada, and markets like Winnipeg are right in the sweet spot.

A Closer Look at Winnipeg’s 2025 Performance

According to the report’s regional overview, Winnipeg recorded 23 luxury home sales in the first two months of 2025 — up from 21 sales during the same period in 2024. Most of these transactions occurred above the $800,000 price point, with notable demand for larger character homes and newer custom properties in high-demand areas.

Tight inventory continues to drive activity in the move-up segment, where buyers are seeking more space and better amenities while still staying under the $1 million mark. These homes offer a lifestyle upgrade without the inflated premiums of larger cities.

Looking Ahead

Across Canada, luxury homebuyers are navigating shifting markets, evolving priorities, and new opportunities. But in a year marked by political tensions, global trade uncertainties, and stock market volatility, Winnipeg has remained a stable and attractive destination for high-end buyers.

Whether you’re looking for your dream home or exploring your options before listing, understanding where Winnipeg fits into the national luxury picture can help you make informed, confident decisions.

Let’s Talk About Your Next Chapter

From riverfront estates to architect-designed infill builds, luxury in Winnipeg comes in many forms. Whatever your next move looks like, I’d love to help you take it with confidence.

Let’s connect and explore what’s possible. Whether you’re buying, selling, or simply getting ready to make your next move, I’m here to guide you through it.