WinnipegREALTORS® Press Release, October 8, 2013

WINNIPEG – 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.

September MLS® results conclude a very impressive third quarter where all the additional listings were capturing buyers’ attention. Dollar volume for the third quarter alone was less than $42 million away from reaching the $1 billion mark, well ahead of previous third quarters. Sales as well top out as best ever for this three month period....