WinnipegREALTORS® Press Release, February 5, 2015

WINNIPEG - 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.

January MLS® unit sales were up 4% (588/565) while dollar volume rose 4% ($151.6 million/$146.0 million) in comparison to the same month last year.

“At our annual forecast breakfast last month we said 2015 would be a more balanced market and January results bear this point out, “ said Dave MacKenzie, president of WinnipegREALTORS®.  “The healthy influx and overall supply of listings...