WinnipegREALTORS® Press Release, May 7, 2015

WINNIPEG - The real estate market is either very, very good … or really, really suspect … depending on which headlines you choose to read.

It’s difficult to decide what’s really happening from the sound bites, but the numbers on the resale market for the first 4 months of the year paint a fairly rosy picture. Statistics for the first third of the year are up from comparable numbers last year, and last year recorded the 4^th best resale numbers in the past 20 years and the best dollar volume ever through the Multiple Listing Service®.

“Our numbers continue to support our Forecast Breakfast predictions.” said WinnipegREALTORS® President David MacKenzie. “In January we predicted that sales would be up 0-2% year-over-year and home prices would increase by the same amount. And the January through April activity bears that out and then some."

The April MLS® listing inventory, the number of ...