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...
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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- AUGUST HOME BUYERS BITTEN BY SALES BUG - - - AND WE DON'T MEAN MOSQITOES!
Mosquitoes have become an endangered species in Winnipeg this year … but a new bug has appeared – the Winnipeg real estate sales bug! Sales in August are on par with the best August ever in the real estate Association’s 108 year history...
- 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...
- 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...
- MLS® SALES AND NEW LISTINGS REBOUND IN MAY - - - May MLS® Sales and New MLS® Listings Up 5%
Not only did May 2011 record the highest dollar volume month ever in WinnipegREALTORS® 108-year history to eclipse the $350 million level, sales and new listings outperformed May 2010 and showed a marked improvement over a disappointing April 2011. The May MLS® market rebound in sales and listings from April is proof flood-related concerns dampened activity. This factor alone held back what normally is a brisker spring start to WinnipegREALTORS®’ busiest months...
- WORLD HERO RECEIVES - - - PERMANENT RECOGNITION IN ASSINIBOINE PARK
WinnipegREALTORS® Citizens Hall of Fame Committee Chair Rick Preston is pleased to announce the installment of the portraiture of 2010 inductee Terry Fox in Assiniboine Park...
- 2011 APRIL MLS® SALES MIRROR 2009 - - - Flood Situation and Effort Impact Sales
It is no coincidence the 2011 flood in Manitoba affected WinnipegREALTORS® MLS® market as listings were down 15% from April 2010 and much closer to 2009 where we had some major flood issues to deal with like this year. MLS® sales are virtually identical to 2009 and conversions of listings to sales are off in the same way compared to non-flood springs...
- WINNIPEG'S MLS® MARKET ROCKS - - - Beat All Previous March Records
Not to take away from former Winnipegger Neil Young’s artist of the year and humanitarian awards at the Junos last month or local REALTORS® rocking the night away March 16th to raise thousands of dollars for the Manitoba Real Estate Association Shelter Foundation, the local real estate market marched to its own steady beat with a recording better than ever before for this month of the year. It also is apparent the first quarter was outstanding as it edged out the best first quarter ever in 2007 with over 2,500 in MLS® sales and $570 million in dollar volume (no previous first quarter has eclipsed one-half a billion dollars before)...
- FORGET THE FREEZE - - - A Fabulous February
Manitoba Merv saw his shadow and predicted 6 more weeks of winter. If you’re a seller - you can only hope we have 6 more weeks of real estate market like we did in February!
- LET'S DO SOMETHING NOW - - - Rental Market Solutions Need to be Implemented
A discussion paper on Manitoba’s acute rental shortage, released today by WinnipegREALTORS®; calls for action now to turnaround a long protracted shortage of rental housing. Winnipeg’s .8% rental vacancy rate (lowest vacancy rate of 34 census metropolitan centres surveyed in the nation by the Canada Mortgage and Housing Corporation in fall 2010) is a contributing factor in making Winnipeg’s housing less affordable. It is also limiting good housing market choice and flexibility since rental is so scarce...