The first time the Winnipeg Multiple Listing Service® did $1 billion in sales activity was 2002. Then the MLS® did $2 billion in sales in 2007. Sales broke $3 billion in 2011. In 2013 the WinnipegREALTORS® co-operative marketing system has reached $3.2 billion at the end of November!
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With the exception of October 2007 when it was the only time MLS® sales for October eclipsed the 1,200 level, October 2013 is only five sales behind and set a new dollar volume record for this month going over $300 million for the first time. As a result, year-to-date dollar volume is on a record-setting pace at less than $50 million shy of reaching the $3 billion mark for the third year in a row. There are still two months to go. Year-to-date sales have come up substantially too from the beginning of the year (were down 13% after 3 months) to be within 1% of 2012’s MLS® sales activity...
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Not to take anything away from a respectable MLS® sales performance and new MLS® dollar volume record for September, but you have to shine the light most brightly on the sharp increase in new listings. The byproduct of this surge in new offerings for buyers left an end of the month inventory far larger and healthier than it has been in years. MLS® sales were ahead of last September by 8% and 3% over the 10-year average for September MLS® sales activity. September also sets a new dollar volume record, just edging out September 2011 when there were over 1200 sales...
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Rick Preston, chair of WinnipegREALTORS® Citizens Hall of Fame, is proud to announce the selection of R.A. Sam Fabro as this year’s inductee. He is the 40th inductee since the unique program’s inception in 1986. He joins previous inductees who represent a wide cross-section of outstanding citizens who made a positive difference and contribution to Winnipeg’s quality of life...
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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...
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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®...
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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...
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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...
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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...
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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...
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