When is a good time to buy a home in Winnipeg? 

For starters, let me give you the simple answer:  When most other people aren't looking to buy a home.  Makes sense, doesn't it? If you shop for a home in spring or fall, you're competing against the bulk of buyers out there and it can be difficult to get any kind of a deal.  

There are a few times each year when your competition gets softer but the inventory remains high. Perhaps the best is when the weather starts to turn cooler and we begin to hear the rumblings of Christmas coming. In other words, right now. 

Now is the time that we see many buyers begin to put off their home search, but there are still many sellers out there. 

If we consider those Winnipeg homes for sale that best match what many first time buyers are searching for, we find that there are currently 32 homes for sale in Winnipeg that are single-family detached homes between 800-1000 square feet priced between $150K and $200K.  If you're a first time buyer, you only need to fall in love with ONE of them to find your first home. 

For homes in Winnipeg 1000-1500 square feet priced between $200K and $300K, there are currently 115 listed. 

Fact is, there are still plenty of homes for sale and many of the buyers are beginning to exit the marketplace, deciding that they'll pick up their search in the spring.  If you wait until spring, you'll be competing with all of them.