There will be an excess of white noise from all media outlets across the country about real estate market activity in the first two months of the year. We will be bombarded by new highs and lows from Toronto and Calgary and Vancouver … but the real story should address what’s happening in Winnipeg. If we want to know the weather, we don’t listen to the Toronto radio and TV feeds – we listen to our local experts. The same should be true about our real estate market...
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MLS® activity in January was very solid with the third highest sales total on record for this month. It also ushered in a new January monthly dollar volume high of over $150 million. New listings coming on to the market remain robust with a 25% increase over 2014. This increase is even more significant considering the rise in new listings is at 40% when you compare it to a ten-year average. Not surprisingly, active listings or the inventory available for buyers to choose from is up 25% as well over 2014...
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WinnipegREALTORS® is proud to announce David MacKenzie as its 2015 president. He succeeds outgoing president David Powell. MacKenzie becomes WinnipegREALTORS 112th president and will lead over 1800 members active in the local real estate market...
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While the increase in MLS® listings has been grabbing headlines in 2014 MLS® sales have still fared well. MLS® sales in December were up 5% over December 2013 and 3% above the 10-year average for December sales activity. As for annual MLS® sales, it was a repeat performance. When it was all said and done sales in 2014 fell shy of 2013 by only 42 sales (well under 1%). This makes 2014 WinnipegREALTORS® 5th highest year for MLS® sales...
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