[Danny D Oh]

Originally Posted by esquire

[The Globe and Mail] 'High risk' of correction in Regina, Winnipeg housing markets: CMHC

Interesting. It doesn't really feel as though Winnipeg went crazy overbuilding housing, but I guess all those modestly-sized subdivisions and condo projects added up.

I know two people who have taken an absolute bath on condos they purchased in the early 2000s and sold in the last couple years. Not surprised. I don't think it is bad in the sense that people are still buying the condos being built, but re-selling them anytime soon will be impossible.