Archive : 2011

A NEW MILESTONE SET FOR WINNIPEG REAL ESTATE MARKET

As 2007 president Wes Schollenberg stated when WinnipegREALTORS® reached the $2 billion level in MLS® sales for the first time in 2007, “It took us 99 years to reach our first $1 billion in 2002 and a short 5 years later we did $2 billion.” Onward and upward as 9 years after the first $1billion level was attained, MLS® sales this year just went over the $3 billion mark. What is most impressive in terms of comparing 2007’s $2 billion to $3 billion now is that the additional billion dollars worth of dollar volume is based roughly on the same number of MLS® sales in the respective years. Now that’s bracket creep...

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MOMENTUM PUSHES NOVEMBER MLS® MARKET ACTIVITY TO NEW HIGH

Mustache or not, WinnipegREALTORS®’ Movember stands for MLS® momentum. In the last few months, 2011 has been exceptional and now the year-to-date is challenging the best year ever… 2007. November set a new sales record for the month, edging out November 2007 by one sale. The dollar volume vaulted 30% higher than 2007 and is 11% better than 2010, which was the highest November on record until this year...

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2011 WINNIPEG REAL ESTATE MARKET EXCEEDING EXPECTATIONS

In what has clearly become a surprisingly consistent and impressive string of solid month sales, and October is no exception with the second best sales on record for this month, 2011 has now supplanted 2008 for second place and with two months to go, is less than 2% off the strongest sales performance ever in 2007. Year-to date dollar volume is already the highest achieved in WinnipegREALTORS® 108-year history with $2.67 billion dollars worth of MLS® sales...

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SEPTEMBER MLS® MARKET AS HOT AS THE WEATHER - September MLS® Sales Surpass 1,200 for First Time

Balmy summer weather in September created summer-like market activity which led to a third consecutive month of over 1200 MLS® sales. As a result, it makes September 2011 WinnipegREALTORS® best September in 108 years. September 2010 was the previous best September on record. The dollar volume was impressive too as it easily eclipsed last year’s record by $30 million. With three months to go, year-to-date MLS® dollar volume stands at over $2.4 billion and MLS® sales of 10,400 are flirting with the best year ever in 2007 when there were over 13,000 MLS® sales by year end...

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A CHAMPION OF THE ARTS AND CITY

Rick Preston, chair of WinnipegREALTORS® Citizens Hall of Fame Committee is pleased to announce the selection of Harold Buchwald as this year’s 2011 inductee...

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Fighting for Manitoba homebuyers

With less than two weeks to go, WinnipegREALTORS® is urging its 1600 members and the public to ask candidates running in the October 4th provincial election where they stand on the land transfer tax...

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- A ROCK SOLID PERFORMANCE IN JULY - - - MLS® Sales Up 4%; MLS® Dollar Volume Jumps 10%

Spectacular weather in July which kept ice cream and beer vendors busy did not deter sellers and buyers from remaining engaged in the market after an exceptional June of over 1,500 MLS® sales. While not as active given Winnipeggers’ penchant for taking advantage of a plethora of summer festivals and frequent trips to Manitoba’s diverse cottage country, sales of close to 1,250 were on par with the third best July on record in 2007. July 2008 is by far the best July ever at over 1,400 sales with the 10-year average for July sitting at 1,200 sales. New listings were ahead of last July too with over 1,700 added in July 2011...

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- ANOTHER GOOD YEAR SHAPING UP FOR WinnipegREALTORS® - - - June MLS® Sales Over 1,500

WinnipegREALTORS® is at the half way mark of 2011. Its MLS® market activity is tracking well as forecast. Sales are only down 4% from sales recorded in 2007 – the best year ever - and just 2% off the second best year in 2008. June sales activity of 1,516 is not far off peak sales recorded for this month, only just edged out by 2007 and 2008 when sales were 1,564 and 1,562 respectively. They are also the fifth highest total for any month with May 2007 at the top with 1,652 sales. Another indicator of how well June sales activity went this year is the fact the equivalent of 4 out of 5 new listings sold and nearly half of the entire MLS® inventory turned over...

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