Canadian housing
Manitoba housing market: prices, building and jobs
Manitoba's new home prices changed +2.5% over a year, and unemployment is 5.0%. Reading: seller's market leaning.
New home prices, 1 year
+2.5%
6 months +2.2%
Housing starts, 1 year
-7%
latest 10.2k (annual rate)
Unemployment
5.0%
-1.2 points in a year
Reading
Seller's market leaning
simple rule on official data
What the numbers say
- Prices up +2.5% over a year.
- Unemployment is falling: 5.0% (-1.2 points in a year) - stronger buyer demand.
- New building -7% over a year (less new supply coming).
- Nationally: The policy rate is unchanged over six months at 2.25%.
Prices are Statistics Canada's New Housing Price Index (new homes only; resale prices by province need a CREA licence). Latest data: 2026-08-01.
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Updated October 21, 2026, 10:02 UTC. Sources: Statistics Canada, CMHC via Statistics Canada. Educational information only - not financial advice.