What's happening with Manitoba’s real estate market in Fall 2025?
BY Phil Gear, Realtor | August 15, 2025
As we head into the final months of 2025, Manitoba’s housing market continues to make headlines, not just for rising prices. One of the most critical issues shaping the market right now is housing supply and new listings. Whether you're buying, selling, or simply watching the market, understanding the supply dynamics in Manitoba is essential.
Here is our explanation and breakdown of what’s happening and why it matters to those of you in Winnipeg.
New Listings Are Down, But Demand Isn’t
According to the Winnipeg Regional Real Estate Board, new listings across Manitoba dropped by roughly 10–15% year-over-year through summer 2025. This trend is especially noticeable in sought-after neighbourhoods like River Heights, Bridgwater, and St. Vital, where inventory is often snapped up within days.
How This Impacts Buyers and Sellers
For Buyers:
Be prepared to act quickly. The best homes are going fast.
Get pre-approved so you’re ready to compete in a multiple-offer situation.
Expand your search to neighbouring communities where there may be more selection.
For Sellers:
Now is a great time to list. With limited competition and high demand, homes are selling fast and close to (or above) asking price.
Well-prepared and staged homes are seeing even stronger interest especially in the $350K–$500K range, which remains the hottest segment.
Housing supply and new listings remain the most important metrics to watch in Manitoba’s real estate market right now. Until inventory builds up, buyers will face stiff competition—and sellers have a real opportunity to capitalize.
If you're considering a move this fall or winter, now’s the time to start planning. Whether you're buying your first home or thinking about listing your current one, understanding how supply trends impact your decisions is key.
Reach out for a personalized strategy session. Whether you're buying, selling, or just exploring your options, I’m here to help you make informed, confident decisions in today’s market.