House Prices: Royal Le Page

Winnipeg Dept: WINNIPEG Winnipeg house prices have risen by between 3.7 per cent and five per cent over the past year and will climb by a further 4.2 per cent in 2012, according to the latest quarterly housing forecast from Royal Le Page, according to Winnipeg Free Press. The real estate firm said its latest national house prices survey showed all three key types of homes in Winnipeg bungalows, two-storeys and condominiums increased in value between the fourth quarter of 2010 and the fourth quarter of 2011 and winnipeg house prices are expected to keep going up. Winnipeg s housing market is proving resilient despite the current global economic and financial uncertainty, said John Froese, a broker with Royal LePage Prime Real Estate in Winnipeg. Consumer confidence is strong and housing demand in the area is being fueled by the city s growing immigration levels. (www.immigrantscanada.com). As reported in the news.