The Winnipeg Regional Real Estate Board produces a monthly report about the housing market of Winnipeg and its Metropolitan Region, including statistical analysis and year-over-year comparisons.
Archived editions of previous Winnipeg Regional Real Estate Board housing market reports can be found here.
The strong sales performance in August resulted in bringing year-to-date sales ahead of last year for the first 8 months of 2015. Last month 2014 was ahead slightly but the lead slipped away by the end of August owing to the 11% increase in sales over August 2014...
It is no easy feat to overtake a record July set in 2014. Nonetheless, July 2015 sales were still brisk. At nearly 1,400 sales, they are 6% higher than the 10-year sales average and third highest for this month ever. If not for condominium sales lagging behind in July as well as this year-to-date, July 2015 would have narrowed the gap in MLS® sales from last July and been even more impressive...
Since 2007 when for the first time June sales surpassed 1,500, this level has become the new benchmark upon which June is judged. At 1,509 MLS® unit sales in June, over 1,500 sales have occurred three times after 2007 including last year when there were 1,515 sales. There is only a 55 unit sales difference or over 3% higher sales activity in the record-setting June 2008...
While still a large influx of new listings came onto the market in May, it was the first decrease over the same month the previous year in over two years. Just this year alone monthly increases have been significant (e.g. 33% spike in March over March 2014)...
More spring-like weather this March compared to the previous few years helped spur more sales activity. MLS® sales climbed over 1,000 and ended up being just 2% off the ten-year March average of 1,025. First quarter sales activity showed a similar pattern, also off 2% from the ten-year average of 2,318 MLS® sales...
There will be an excess of white noise from all media outlets across the country about real estate market activity in the first two months of the year. We will be bombarded by new highs and lows from Toronto and Calgary and Vancouver … but the real story should address what’s happening in Winnipeg. If we want to know the weather, we don’t listen to the Toronto radio and TV feeds – we listen to our local experts. The same should be true about our real estate market...
MLS® activity in January was very solid with the third highest sales total on record for this month. It also ushered in a new January monthly dollar volume high of over $150 million. New listings coming on to the market remain robust with a 25% increase over 2014. This increase is even more significant considering the rise in new listings is at 40% when you compare it to a ten-year average. Not surprisingly, active listings or the inventory available for buyers to choose from is up 25% as well over 2014...
WinnipegREALTORS® is proud to announce David MacKenzie as its 2015 president. He succeeds outgoing president David Powell. MacKenzie becomes WinnipegREALTORS 112th president and will lead over 1800 members active in the local real estate market...
While the increase in MLS® listings has been grabbing headlines in 2014 MLS® sales have still fared well. MLS® sales in December were up 5% over December 2013 and 3% above the 10-year average for December sales activity. As for annual MLS® sales, it was a repeat performance. When it was all said and done sales in 2014 fell shy of 2013 by only 42 sales (well under 1%). This makes 2014 WinnipegREALTORS® 5th highest year for MLS® sales...
