WINNIPEG 2020 was a record-breaking year for real estate sales in Winnipeg, and 2021 is on pace to surpass those numbers. The uptick in market activity has created bidding wars in the city, and first-time home buyers like Gurpreet Singh are feeling the effects. Right now, the housing market has started acting crazy a bit. So now these houses are out of my range, said Singh. Singh said he s put in bids on multiple houses, and some have sold for $40,000 above the asking price. Now he s shifting his focus to the condo market. For me, a condo would make more sense because a detached home is pretty much unreasonable as of now.