Winnipeg Free Press
The FOMO market
Local real estate market is as hot as ever, yet Winnipeg remains one of most affordable cities in Canada for first-time buyers By: with Joel Schlesinger Save to Read Later
Like everyone else buying a home these days, Mackenzie Kolton paid over listing price for the single-family home she recently purchased.
Like everyone else buying a home these days, Mackenzie Kolton paid over listing price for the single-family home she recently purchased.
But paying a premium was well worth it to the 20-something Winnipegger, working in the non-profit sector with LGBTTQ+ youth. I was looking at the next three to five years of my life, and I realized that rent is almost as expensive as a mortgage with the expectation I had for living space, says Kolton, who saved enough over several years for a five per cent down payment on a modest home.