The average house price in the Canadian province of Manitoba in 2024 stood at ******* Canadian dollars. In the next two years, the house prices in the province are forecast to rise slightly, reaching ******* in 2025. Compared to other provinces, Manitoba was below the average for the country. Manitoba: key factsManitoba 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 ManitobaWeekly 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.

The average house price in Saskatchewan was about ******* Canadian dollars in 2024, and according to the forecast, is set to increase in the next two years. However, house price growth in the province is expected to be slower than the national average. In terms of home prices, Saskatchewan is one of the most affordable provinces for housing. Saskatchewan: key factsSaskatchewan is a province located between Alberta and Manitoba north of the Canada-United States border. In 2023, the population of Saskatchewan was over *** million, which placed it as the sixth most populous Canada province. However, the population has been on the rise since 2006, so this may change in the future. Future of the housing marketThe number of housing starts in the province has been falling since 2012, which suggests that either supply is outstripping demand or that it’s simply not profitable enough for property developers. Some real estate experts in the region believe that the falling price of oil is causing the housing market slowdown because there are fewer jobs in the region as a result. However, they expect that the market will pick up again in the near future.

View monthly updates and historical trends for Manitoba New Housing Price Index. Source: Statistics Canada. Track economic data with YCharts analytics.

House prices in British Columbia and Ontario were notably higher than any other province in Canada in 2024. The average house price in any other province was less than ******* Canadian dollars, whereas in British Columbia and Ontario, it exceeded ******* Canadian dollars. The most affordable province to buy a home was Newfoundland, where the average home cost about ******* Canadian dollars.

Revenue for the Property, Casualty and Direct Insurance industry in Manitoba is expected to decline an annualized -x.x% to $x.x billion over the five years to 2025, while revenue for the national industry will likely decline at -x% during the same period. The number of industry establishments has decreased an annualized -x.x% to xx locations over the past five years. Industry employment has decreased an annualized -x.x% to x,xxx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

The number of home sales in Manitoba, Canada, surged in 2021, followed by a slight decrease in the next two years. In 2024, about ****** home sales took place in Saskatchewan and this figure is expected to reach ****** in 2026. Meanwhile, transaction activity in Canada is set to increase by 2026. In terms of home prices, Manitoba was below the national average.

Property-Plant-and-Equipment-Net Time Series for Automotive Properties Real Estate Investment Trust. Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive and other OEM dealership and service properties located in Canada and the United States. The REIT's portfolio currently consists of 80 income-producing commercial properties, representing approximately three million square feet of gross leasable area, in metropolitan markets across British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec in Canada, and Florida and Ohio in the United States. Automotive Properties REIT is the only public vehicle in Canada focused on consolidating automotive and OEM dealership and service real estate properties.