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.
Not only were barbecues sizzling in August. August MLS® sales were at record levels for this month and dollar volume shattered its previous best for August by going over $300 million for the first time. The same occurrence happened in July with dollar volume easily eclipsing $300 million too. MLS® sales were also at near record levels...
If July was a cup of coffee it would be brimming over the top. Dollar volume not only crashed through $300 million for the first time in July but eclipsed $350 million in sales transaction activity. Helping achieve this new benchmark for July were sales only 19 shy of the highest July sales ever. Back in July 2008 1,407 sales were recorded on WinnipegREALTORS®’ MLS®...
A solid MLS® sales performance in June finished off a strong second quarter result and brought year-to-date sales much closer to the downside risk of minus 4% factored into the annual 2013 MLS® market forecast...
With April starting a recovery from a poor first quarter, May did one better by setting an all time monthly MLS® dollar volume record of $412 million. It is only the second time dollar volume for monthly sales has exceeded $400 million. May MLS® sales finished strong too! They were 5% ahead of the 10-year average and fourth best for the month of May...
Signs of spring while questionable at times in April brought more buyers out to take advantage of an MLS® inventory higher than it has been in many years. The equivalent of nearly 40 % of the 3,205 MLS® listings at the end of April sold and that is over 400 units more than what sold the previous month. While sales and dollar volume were down from April 2012, sales were still 2% above the 10-year average and dollar volume finished a strong second to last year’s highest April dollar volume of $337 million...
Will someone turn the pilot light back on and warm up our MLS® market? You have to go back to the old Winnipeg Jets era when the likes of Teemu Selanne and Thomas Steen were entertaining fans at the Winnipeg Arena to find the last March where sales were lower than March 2013. It just so happened to be the 1994-1995 NHL lockout season where only 48 games were played. Sound familiar! And lack of scoring or conversions of listings to sales clearly hurt sales activity in March. To use another sports analogy, many buyers decided to sit on the sidelines and not venture out onto the field of play...
Call it what you will, whether some rather harsh winter weather conditions or just softening in the local marketplace for this time of year, there was a real parallel in the drop off of new listings and sales at 12 and 11% respectively. The conversion of new or current listings to sales remained the same this February as in the past two years. So one way of interpreting what happened this year to precipitate less sales activity is there were less property owners willing to put their property on the market. At the same time, buyers at least for single family homes did not reach into the older existing inventory to any great extent to buy what was on the market...
You have to go back to 1997 to reveal an unusually exceptional January MLS® sales performance. 660 unit sales to be exact and nothing has come close ever since. Even this January at 616 is 7% off the best January in WinnipegREALTORS® 110- year history...
WinnipegREALTORS® is pleased to introduce Richard Dettman as WinnipegREALTORS® 2013 president. He becomes the 110th president to head up this long standing industry association comprised of over 1700 members active in the local real estate market. He takes over from outgoing president Shirley Przybyl...
2012 has to be regarded as another exceptional year with sales only nudged out in 2007 and 2011 by the slightest of margins. Annual dollar volume resulted in moving the bar a little bit higher again and it is only the second time in WinnipegREALTORS® 109-year history where sales dollar volume has exceeded the $3 billion mark achieved in 2011. In only 5 years, the total MLS® dollar volume has increased 44%. This increase equates to nearly $1 billion...
