Strong finish despite slowing 2nd half of 2022 MLS® sales
Slowing 2022 MLS® sales that began in summer continued through December, transitioning the Winnipeg Regional Real Estate Board market region back to a balanced market.
Market Releases
The Winnipeg Real Estate Board offers comprehensive reports about the housing market of Winnipeg and its Metropolitan Region, including monthly statistical analysis and year-over-year comparisons. Archived Winnipeg Real Estate Board Market Releases can be found below.
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Local Real Estate Market transitioning toward market stabilization
A boost in November’s year-over-year inventory combined with slowing month-over-month sales have Winnipeg and its regional market performance transitioning toward balanced market stabilization.
MLS® sales activity falling more in line with pre-pandemic levels
A slowing MLS® sales trend took root in October 2022 with sales down from October 2021.
Slower September MLS® sales move market towards balance
September 2022 sales are no match for the last two exceptionally active Septembers as sales decreased 20% and 32% from 2021 and 2020 respectively.
August MLS® sales of 1,375 drop off from July and previous August months
August MLS® sales activity showed a drop off from July and previous August months in the last few years.
July 2022 MLS® shows moderation in detached-home prices
July was a clear departure from previous months in indicating single-family home pricing peaked in May
June market delivers strong result at just under 1,800 MLS® sales
June is the fourth consecutive month with increased MLS® sales in a year where the spring market has seen a delay when comparing the same months in previous years.
May finishes strong with more sales, listings and dollar volume
This past May - with the exception of the over 2,000 sales transacted in May 2021 - was an outstanding month as it outperformed every other May previously. The 1,723 sales were a decrease of 14% from the same month in 2021 but are up 4% over the 5-year average.
April 2022 sales down from record-shattering month in 2021
The best sales month in Winnipeg Regional Real Estate Board history was in April 2021 with a total of 2,055 sales. Trying to eclipse this record is a tall order, particularly when sales in April 2022 totalled 1,461 — a 29% decrease.
March MLS® sales of 1,436 second highest on record for this month
When comparing March sales of 1,436 to past years, the 5-year average shows an increase of 11%, making this the second-best March on record.