Home sales ” and prices ” peaked in spring, with a few higher value properties also changing hands in November. (GRANT HAMILTON/BRANDON SUN)Demand in the Brandon housing market is relentless, putting a steep, upward slope on the average price of houses in the city. As a result, Brandon has broken the $200,000 threshold for the first time, according to 2012 numbers recently released by the Manitoba Real Estate Association.The average price of a single family home in Brandon has doubled since 2004.”The prices are continuing to rise, not as quickly as they did a few years ago, but it is still a steady rise,” Shields said.Canadian Real Estate Association numbers show the median number of days a single detached house spent on the market in December was 20 compared to 60 days in December 2011.”This week alone, there was three listings that came out, that had offers on them within a couple of days,” Shields said.Shields and other real estate agents are in need of listings, and he urging sellers to put their homes on the market now, in what is traditionally the slowest time of year.What driving these prices is the city growing population due in part to a second shift at Maple Leaf Foods Inc., and Brandon historically stable economy is seeing a promising outlook in the ag sector and residual activity from oilpatches, according to Sandy Trudel, director of economic development with the City of Brandon.At the same time, local business leaders voiced a desire to launch a lobby group to attract more industry and big business to the community at a recent meeting between the Brandon Chamber of Commerce and Mayor Shari Decter Hirst.The city long term population outlook is still being ironed out, and Trudel shied away from making any growth predictions, but the population ballooned by 11 per cent between the 2006 and 2011 federal census years.”All indicators show the economy is stable,” Trudel said.
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