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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AN IMPRESSIVE FINISH TO 2011 - Best December Ever At Just Under 700 MLS® Sales

Based on the busiest December on record in WinnipegREALTORS® 108-year history, you have to surmise that some of all those gift cards being purchased in December had to be house-warming gifts. December sales have never been at the 700 level mark before nor has dollar volume climbed so high to $182 million – a total that is leaps and bounds over any previous December. Prior to 2009, no December dollar volume ever eclipsed $100 million...

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A NEW MILESTONE SET FOR WINNIPEG REAL ESTATE MARKET

As 2007 president Wes Schollenberg stated when WinnipegREALTORS® reached the $2 billion level in MLS® sales for the first time in 2007, “It took us 99 years to reach our first $1 billion in 2002 and a short 5 years later we did $2 billion.” Onward and upward as 9 years after the first $1billion level was attained, MLS® sales this year just went over the $3 billion mark. What is most impressive in terms of comparing 2007’s $2 billion to $3 billion now is that the additional billion dollars worth of dollar volume is based roughly on the same number of MLS® sales in the respective years. Now that’s bracket creep...

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MOMENTUM PUSHES NOVEMBER MLS® MARKET ACTIVITY TO NEW HIGH

Mustache or not, WinnipegREALTORS®’ Movember stands for MLS® momentum. In the last few months, 2011 has been exceptional and now the year-to-date is challenging the best year ever… 2007. November set a new sales record for the month, edging out November 2007 by one sale. The dollar volume vaulted 30% higher than 2007 and is 11% better than 2010, which was the highest November on record until this year...

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2011 WINNIPEG REAL ESTATE MARKET EXCEEDING EXPECTATIONS

In what has clearly become a surprisingly consistent and impressive string of solid month sales, and October is no exception with the second best sales on record for this month, 2011 has now supplanted 2008 for second place and with two months to go, is less than 2% off the strongest sales performance ever in 2007. Year-to date dollar volume is already the highest achieved in WinnipegREALTORS® 108-year history with $2.67 billion dollars worth of MLS® sales...

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