Archive : 2012

SECOND BEST OCTOBER ON RECORD - MLS® Sales Up 4%; Dollar Volume Jumps 10%

Only October 2007 surpasses this October in sales but dollar volume worth nearly $282 million, including three $1 million plus home sales and a $925,000 condominium, resulted in a new October dollar volume record. It also sets up an interesting finishing two months with a razor-thin lead in MLS® sales over 2011 and within 140 sales of the best year ever in 2007. New listings are positive with over 1,500 new properties put on the MLS® in October or 8% more than the same month last year. There are over 3,000 active MLS® properties available for purchase in November of which 1,748 are residential-detached or single family homes. Based on previous November listing entries, you can expect another 1,000 MLS® properties coming to market...

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SEPTEMBER NUMBERS DOWN ACROSS THE BOARD - But Year-to-Date Remains Positive

After a roller coaster summer where inventory of available listings was up all three months over last year; new listings entered was up 2 out of 3 months, sales were down all three months; and dollar volume was up all three months – September started to show what other markets across the country have been reporting most of the year...

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AUGUST RECORDS BUSIEST MLS® SUMMER MONTH - MLS® Dollar Volume Just Shy of $300 Million

There was no let up in August as it not only outperformed July but turned in a well above average performance for this time of year. It was only 4% off the most active August on record in 2005. Dollar volume was the highest it has ever been for August with close to $300 million in real estate transactions. 36% of the entire inventory turned over and that was with a healthy dose of new listings coming on the market...

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APRIL TURNS IN STERLING MLS® PERFORMANCE - MLS® Sales Up 17%; Dollar Volume Rises 25%

In many respects, this April has to be considered the best April in WinnipegREALTORS® 109-year history as it was only 9 unit sales off the highest April MLS® unit sales recorded in 2008 but is way out in front in dollar volume from any previous April. A rebound was predicted from last April given Manitobans were contending with the flood situation and therefore the spring market did not get on track as it normally does at this time of year...

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FEBRUARY MLS® SALES MATCH LAST YEAR’S TOTAL - Dollar Volume Sets February Record with a 12% Increase

If this was a Winnipeg Jets hockey game we would be going into overtime as February MLS® sales were identical to last year’s. We will have to wait until February 2013 to break the tie. On the other hand, dollar volume was a different story altogether with the clear edge going to February 2012 with dollar volume up 12% at $191 million. As a result, the average residential-detached sales price was notably higher at $266,000 in comparison to $240,000 in February 2011. Condominium average sales price also vaulted past February 2011 with a jump from $198,000 to close to $211,000 in February 2012. Another virtual tie came in new MLS® listings with 1,315 entered in February 2012 compared to 1,313 in February 2011...

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JANUARY MLS® SALES AMONG BEST FOR THIS MONTH - MLS® Sales Even With 2011, Dollar Volume Up 7%

With the exception of 1997 when January sales were at 660, January 2012 sales activity ranks among the best results for all other Januarys as none have even threatened the 600 sales level. Dollar volume is another story altogether as despite sales being in a virtual deadlock with last January, there was still nearly an additional $8 million worth of sales activity. As a result, we see a replay of previous years where even if sales are not up to the previous year level, the dollar volume sets a new monthly record...

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