Increased average prices, lower MLS® sales mark the start to 2026
Winnipeg, February 5, 2026 – Residential detached average prices in January 2026 rose 4% to $431,079 while MLS® sales of 367 decreased 17% when compared to last year. Condominium average prices rose 10% to $275,515 and MLS® sales decreased 16% from January 2025. All MLS®1 sales of 620 in January 2026 were down 13%, active All MLS® listings of 2,416 were down 7% and total MLS® dollar volume of over $238 million was down 7% from January 2025.
“2026 began by continuing the trend seen in 2025 with residential detached and condominium average price increases compared to last year and the 5-year average,” said Michael Froese, 2025-2026 President of the Winnipeg Regional Real Estate Board. “MLS® sales for All MLS®, residential detached and condominiums, on the other hand, were lower than last year and the 5-year average. Active listings for residential detached homes were below last year and the 5-year average while condominiums were above last year and the 5-year average.”
“On February 19, 2026, the Winnipeg Regional Real Estate Board will host its annual Market Insights event virtually which will provide analysis on Canada’s economy, national demographic and housing trends, as well as a look at the performance of residential and commercial real estate in our market region,” said Crystal Hollas, CEO of the Winnipeg Regional Real Estate Board. “At this year’s event, we are excited to welcome keynote speaker Konrad Zmitrowicz, Senior Policy Advisory with the Bank of Canada, Shaun Cathcart, Senior Economist with the Canadian Real Estate Association, Ryan Munt, Executive Vice President of Cushman and Wakefield Stevenson, and Jeremy Davis from the Winnipeg Regional Real Estate Board. For more information on the 2026 Market Insights event sponsored by One Link Mortgage & Financial, please visit:
www.winnipegregionalrealestateboard.ca/community/market-insights”
ABOUT THE WINNIPEG REGIONAL REAL ESTATE BOARD
Serving Members since 1903, the Winnipeg Regional Real Estate Board is one of Canada’s longest running real estate board, serving over 2,500 licensed residential and commercial real estate Brokers and Salespersons, along with other industry-related professions. REALTOR® Members of the Winnipeg Regional Real Estate Board utilize the Multiple Listing Service (MLS®) to put the housing market in perspective for those looking to buy or sell a home. REALTORS® can explain market insights, price trends, provide comparable property analysis and housing trends. To find a REALTOR® or to view a map of MLS® listings, visit www.winnipegregionalrealestatenews.com.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.
Statistics provided in this market release are the sole property of the Winnipeg Regional Real Estate Board.
1 – The All MLS® statistical category is an aggregate of all property types.
Media Inquiries:
Jeremy Davis
Director External Relations & Market Intelligence
Winnipeg Regional Real Estate Board
media@wrreb.ca
Office: 204-786-8857