WINNIPEGREALTORS® PRESS RELEASE, August 6, 2021

WINNIPEG, August 6, 2021 - Despite July sales slipping back from June 2021 and July 2020 record-setting months, year-to-date market activity is on pace to set another annual sales record for the third consecutive year. Sales of 11,797 for the first seven months are up 36% over the same period in 2020 and 43% over 2019. Dollar volume is elevated to nearly 52% over 2020 and close to $4 billion in sales activity thus far in 2021.

July 2021 sales of 1,678 are well off last month’s best ever June result of 1,943 sales and down 12% from the 1,898 sales transacted in July 2020. They are, however, still up 7% over July’s 5-year monthly average. The 2,172 listings entered on the MLS® in July were 10% fewer than in July 2020 while the current supply of 2,919 listings for sale at month’s end are down 34% from a year ago.

“If you look at 2021 as a full year marathon, not shorter runs such as weekly or monthly periods...