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...
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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...
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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...
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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)...
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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!
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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...
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It appears some homeowners may have been a little more conscientious about keeping their driveways and entranceways shoveled and cleaned this month as listings were up noticeably from last January. Buyers were out and about as well. This resulted in WinnipegREALTORS® having its fifth highest January sales performance on record for MLS® sales. A new record January MLS® dollar volume was established too. Interestingly enough, with all the talk this year of another potential major spring flood, the best January ever at 660 sales (far surpasses anything since then) was in 1997...
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When you talk about Ralph Fyfe and his direct involvement in the real estate industry you cannot do it without including family. It is family in more ways than the immediate one that includes his wife and long time business partner Wendy and his two grown-up children – Richard and Janice...
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December was a month to remember with WinnipegREALTORS® recording its highest average monthly home sales price ever at $252,414. The previous high was June 2010 at $250,440. This record is not typical of a December. Historically, the highest monthly average sales price tends to be in the busier spring months. The month of the year is becoming far less significant as a determining factor of average monthly sales price and not surprisingly the prevailing tight housing market conditions is the primary cause...
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