WinnipegREALTORS® Press Release, February 3, 2016

WINNIPEG – It has often been said that one month does not a market make. Yet here it is … January 2016 … and we only have one month to look at … so January is the market! And not to disappoint, the activity in the first 31 days does give us a lot to evaluate.

WinnipegREALTORS® was founded as The Winnipeg Real Estate Exchange in 1903 – and one of the founding Objects of the Corporation was to “… compile, record and publish statistics and acquire and distribute information respecting the real estate … business of its Members …”. So we’ve been looking at and interpreting market activity and statistics for 113 years.

Here’s how the New Year kicked off …

In terms of inventory, we have more listings available this January for buyers than we’ve had for the past 5 Januarys. More supply starts to change the sellers’ markets we’ve experienced...