‘In some communities, there are acreage opportunities, which some people will find appealing.’
And in Manitoba, the price is right. While new housing prices have been rising by about 4% each year, the average Winnipeg home still costs $30,000 less than it would in Regina, and $60,000 less than it would in Saskatoon. Mortgages are affordable as well, and Moore doesn’t see this changing any time soon. “Interest rates are not projected to go up. It’s not even on the horizon,” he says. “It’s still a great time to buy a new home. We have affordable prices, mortgage rates are remaining solid — there truly is a home for everyone in the Parade.” For more information about the 2014 Spring Parade of Homes and member builders, visit www.homebuilders.mb.ca .
Grand Opening The Woods at Creekbend “Housing starts in 2013 were higher than 2012, which were higher than 2011. We had another great year,” Moore says. “The market can’t go up forever, but even if the market slows down by 10%, we’d have the third-best year in 25 years — that’s not bad.” Manitoba isn’t as vulnerable to the housing market slowdowns that have affected larger centres like Vancouver and Toronto, he adds. “We’re not a province of risk takers. Our speculation is the show homes. We never jump big, we never fall far — you can plan long-term here,” he says. “We’re the only province that didn’t officially experience a recession in 2009, and that’s partly thanks to our diversified economy.”
e 89 Creekbend Road Sales Centre Open: Monday - Thursday 3:00 - 8:00pm Saturday & Sunday 12:00 - 6:00pm PRE-CONSTRUCTION PRICING NOW AVAILABLE (LIMITED TIME OFFER) • fitness & meeting room • car wash & workshop • possession dates summer 2015 • 24 month mortgage rate guaranteed • heated underground parking • appliance package included
Developed by
Marketed by David Powell
Powell Property Group 204-977-2142
www.thewoodsatcreekbend.com
Parade of Homes Spring 2014 25
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