Canadian housing

Manitoba housing market: prices, building and jobs

Manitoba's new home prices changed +2.1% over a year, and unemployment is 5.0%. Reading: seller's market leaning.

New home prices, 1 year

+2.1%

6 months +1.7%

Housing starts, 1 year

-7%

latest 10.2k (annual rate)

Unemployment

5.0%

-0.9 points in a year

Reading

Seller's market leaning

simple rule on official data

What the numbers say

Prices up +2.1% over a year.
Unemployment is falling: 5.0% (-0.9 points in a year) - stronger buyer demand.
New building -7% over a year (less new supply coming).
Nationally: The central bank has raised rates by 0.25 points in six months — this weighs on demand.

Prices are Statistics Canada's New Housing Price Index (new homes only; resale prices by province need a CREA licence). Latest data: 2026-09-01.

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Updated November 10, 2026, 20:38 UTC. Sources: Statistics Canada, CMHC via Statistics Canada. Educational information only - not financial advice.