Forget Vancouver or Toronto. Winnipeg is poised to be Canada’s hottest housing market this year.

In fact, 2011 is shaping up to be the year of the mid-sized city with St. John’s, Fredericton, Regina and Saskatoon also enjoying some of the strongest price increases in the country.

A lot of first-time buyers are already being priced out of large urban centres. With the Bank of Canada expected to resume interest-rate increases later this year, affordability will become a bigger issue for even more buyers.

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