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Median house prices in Manitoba 2018-2020

Median house prices in Manitoba from 2018 to 2020 (in Canadian dollars)

by Jennifer Rudden, last edited Aug 9, 2019
Median house prices in Manitoba 2018-2020 The average house price in the Canadian province of Manitoba in 2020 was forecast to be 295,400 Canadian dollars, up from 291,500 Canadian dollars in 2018.
Manitoba: key facts

Manitoba is a mid-sized Canadian province in terms of population and located between Saskatchewan, Nunavut and Ontario. However, its population had been trending upward since 2000 and shows no signs of slowing down. This suggests that demand for housing is also on the rise, which may explain the forecasted prices increases in the region.

Affordability in Manitoba

Weekly earnings of both salaried and hourly employees have also been on the rise in the province since 2001. Although the increase for salaried employees has been larger than for hourly employees. Nonetheless, this means that Manitobans have more money to save for and spend on buying a home. The number of housing starts in the province have varied over the past years, but were relatively similar for 2017 and 2018.
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Median house prices in Manitoba from 2018 to 2020 (in Canadian dollars)

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