The Canadian Real Estate Association (CREA) has predicted record numbers of sales for 2007 and increasing prices for existing houses. The Canadian financial newspaper The Financial Post indicated in a recent article that home prices in the 25 largest markets reached an average price of just over $332,000 CND. With prices rising so much across the country, new construction is at all time highs and many are looking to invest in undeveloped property. Others are looking for more traditional lots on which to build, such as this Canadian Investment  property in Manitoba, about 190 km north of Winnipeg. Prices on the lots are starting at £12,893, a very low price for pristine property on a new development. read more

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