ON THE CUSP OF A NEW MLS® ANNUAL SALES RECORD   November Delivers Solid Results with 877 Sales WINNIPEG  - November MLS® sales activity was less than 3% off the best November ever in 2015 when it eclipsed 900 sales. This solid result ensures the addition of sales in December to the November year-to-date total will usher in a new all-time annual sales record for WinnipegREALTORS®. It will replace 2007 as the top sales year ever in the association’s 113 years of operation. November sales of 877 were down less than 3% from November 2015 while dollar volume of $243…
OCTOBER MLS® SALES UP 5%   Sales On Pace to Set New Annual MLS® Sales Record WINNIPEG - Above average sales in October set the stage for a new annual sales record in WinnipegREALTORS® 113th year of serving the Greater Winnipeg Area real estate market. October sales of 1,138 were up 5% over October 2015 and likewise over the 10-year average for this month. October dollar volume of close to $310 million increased 9% over the same month last year. Year-to-date sales of over 12,000 are 7% ahead of the same period last year and are well within reach of eclipsing…
ANOTHER MLS® RECORD SET IN SEPTEMBER-              -              - Only Second Time September Eclipses 1,200 Sales WINNIPEG - 2016 has been firing on all cylinders with yet another best result for MLS® sales activity in the month of September.  Sales of 1,216 eked out a slight edge over 2011 and are only the second time sales in September have gone over 1,200. As a result, year-to-date sales of 11,000 are at their highest level ever for nine months and similarly dollar volume reached $3 billion for the first time with three months to go. “We are without question enjoying a record-setting sales…
August MLS® Sales UP 7% -           -           - A New August Benchmark of Over 1,300 Sales   WINNIPEG - Summer vacations, the Olympics, Folklorama, Blue Bomber winning streak, and other August activities did not get in the way of buyers taking advantage of a healthy supply of some of the most affordable house prices in the country. August was indeed splendid with a new benchmark in sales established. For the first time in August, MLS® sales went over 1,300 to finish at 1,350. This represents an 11% increase over the 10-year average for this summer month and sets up a potential record-breaking…
JULY MLS® SALES of 1,350 NOT AS HOT AS LAST FEW YEARS -           -           - July Sales Down 3%; Dollar Volume Off 2%   WINNIPEG  -  July sales finished slightly above the 10-year average of 1,330 MLS® sales for this summer month. However they fell short of last year’s near 1,400 sales and the record year of 2014 when July sales reached close to 1,500. Despite the year’s July numbers, year-to-date MLS® sales activity is ahead of any previous year with 5 months to go. Both new listings coming on the market in July and the inventory at the end of…
The Crown Corporation reports an increase in worrying conditions in Canada’s housing market, and rings the warning bell for overvaluation in many cities.“For Canada overall, we now detect strong evidence of overvaluation. As a result, our overall assessment has moved from weak to moderate since the last report,” Bob Dugan, CMHC’s chief economist, said. “Moreover, the greater range of evidence of problematic conditions in Vancouver has led us to conclude that there is now strong evidence of problematic conditions in our overall assessment of the Vancouver housing market.”CMHC now believes overbuilding currently plagues seven markets, including; Calgary, Saskatoon, Regina, Winnipeg,…
  M LS® SALES REACH NEW JUNE RECORD HIGH OF 1,638 -           -           - MLS® Sales Up 9%; MLS® Dollar Volume Rises 13%   WINNIPEG  -  Back to back months of the second and third best months ever on record with 1,638 transactions in June and 1,629 in May makes 2016 the most active year for the first six months and second quarter.  Only May 2007 is higher than this June at 1,652 sales. The next busiest second quarter on record was in 2008 when again there were back to back outstanding monthly results with May and June each recording 1,564 sales.…
  MAY 2016 MLS SALES STATISTICS Highest Ever Monthly MLS® Dollar Volume Total of $460 Million WINNIPEG - May 2016 showed stellar results with MLS® sales surpassing 1,600 for only the third time in WinnipegREALTORS® 113-year history. MLS® dollar volume followed suit with a new all-time monthly record of $460 million.   2016 is picking up where 2015 left off with a full recovery in condominium sales from early last year and residential-detached sales continuing to shine and show gains over the previous year.  Beyond the two main property types, sales increases are also occurring in most others such as duplexes, vacant land,…
   April MLS® Sales Up 8%   WINNIPEG - April MLS® sales showed continued strength and momentum from an excellent first quarter of MLS® sales and dollar volume activity. April sales surpassed both last April’s total and the April 10-year average by 8%. The 1,373 sales transacted through WinnipegREALTORS®’ MLS® are the highest sales total on record for the month of April. Year-to-date sales are also up 8% at over 3,800. This current pace is only outflanked by 2012 while year-to-date dollar volume of over $1 billion has risen nearly 10% over the same period in 2015.   Active listing inventory has come…
SALES  ECLIPSE 800 FOR FIRST TIME IN FEBRUARY February Leaps Ahead of the Rest WINNIPEG - Whether an extra day in February paved the way for a record month is debatable as the best previous high for this month was 797 in 2007 and there were only 28 days to reach that level.  What it does show however, is more buyers came out of the woodwork to take advantage of some of the best supply of affordable house prices in the country. Another February milestone was set this year too with dollar volume easily surpassing $200 million for the first time. …
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