Strong Finish Despite Slowing Second Half of 2022 MLS® Sales
Posted in
Winnipeg Market Information
Strong Finish Despite Slowing Second Half of 2022 MLS® Sales
Posted in
Winnipeg Market Information
WINNIPEG REGIONAL REAL ESTATE BOARD PRESS RELEASE, JANUARY 11, 2023WINNIPEG, January 11, 2023 - Slowing 2022 MLS® sales that began in summer continued through December, transitioning the Winnipeg Regional Real Estate Board market region back to a balanced market.The total number of MLS® sales in 2022 was the third highest on record at 14,660, behind only 2021's record-setting 18,575 and 2020's 16,033. To add perspective, the last pre-pandemic year of 2019 had 13,662 sales. The total MLS® dollar volume of all sales for 2022 was the second highest on record at $5.4 billion. Total MLS® dollar volume was increasing every year from 2018 until 2021 put an exclamation point on it. Until 2021, the total MLS® dollar volume had not eclipsed $5 billion in any other year, but 2021 saw a record of $6.3 billion in total sales.“Despite slowing MLS® sales, the strong sales in the first half ultimately carried 2022 to the third highest MLS® total sales... |