MARCH HAS A SPRING IN ITS STEP - March MLS® Sales Up 9%

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...

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FEBRUARY MLS® ACTIVITY CONFIRMS REAL ESTATE IS ‘LOCAL’ - Year-to-Date MLS® Statistics Up Slightly

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...

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A GOOD START TO MLS® SALES IN 2015 - January MLS® Sales Up 4%

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...

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2014 ENDS ON A HIGHER SALES NOTE - December MLS® Sales Up 5%

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...

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OCTOBER MLS® SALES DOWN 7% - 2014 MLS® Dollar Volume Surpasses $3 Billion

WinnipegREALTORS® experienced its fourth busiest October on record. It had over 1,100 MLS® sales which is 5% higher than the ten-year average for October and only 7% off the best October months in 2007 and 2013. Dollar volume decreased slightly more than sales did in October as significant inventory is putting pressure on holding prices down. However, the second highest dollar volume for October was still enough to push year-to-date dollar volume over $3 billion for the first time with still two months to go...

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MORE LISTINGS; FEWER SALES - August MLS® Sales Off 12 %

2014 is going down as the year of more listings. In August the healthy supply of MLS® listings did not translate into more sales. In fact, MLS® sales dropped 12% in comparison to the same month last year. The 10-year average for August sales activity still shows August 2014 down 5%...

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