WinnipegREALTORS® Press Release; December 8, 2011

WINNIPEG - Mustache or not, WinnipegREALTORS®’ Movember stands for MLS® momentum. In the last few months, 2011 has been exceptional and now the year-to-date is challenging the best year ever… 2007. November set a new sales record for the month, edging out November 2007 by one sale. The dollar volume vaulted 30% higher than 2007 and is 11% better than 2010, which was the highest November on record until this year.

While it appears 2007, with a 200 sale lead over 2011, is a sure bet to hold its title as the all-time best year with over 13,000 MLS® sales, it will easily be supplanted by 2011 for dollar volume. It is still possible, if momentum carries the day again in December, that 2011 could be only the second year in WinnipegREALTORS® illustrious 108-year history to crack the 13,000 sales level.

November MLS® unit sales increased 6% (881/829) while dollar volume rose 11% ($202.1 m...

WinnipegREALTORS® Press Release; November 8, 2011

WINNIPEG – In what has clearly become a surprisingly consistent and impressive string of solid month sales, and October is no exception with the second best sales on record for this month, 2011 has now supplanted 2008 for second place and with two months to go, is less than 2% off the strongest sales performance ever in 2007. Year-to date dollar volume is already the highest achieved in WinnipegREALTORS® 108-year history with $2.67 billion dollars worth of MLS® sales.

October 2011 helped get the fourth quarter off to a great start with everything up in double-digit percentages. New listings rose 11%, sales were ahead by 13% and dollar volume reached 20%. Only 2007, the year that 2011 is nipping at its heels, had better sales in October.

October MLS® unit sales increased 13% (1,076/949) while dollar volume was up 20% ($256.9 million/ $214.2 million) in comparison to the same month last year. Year-to-date...

WinnipegREALTORS® Press Release; October 6, 2011

WINNIPEG– Balmy summer weather in September created summer-like market activity which led to a third consecutive month of over 1200MLS® sales. As a result, it makes September 2011 WinnipegREALTORS® best September in 108 years. September 2010 was the previous best September on record. The dollar volume was impressive too as it easily eclipsed last year’s record by $30 million. With three months to go, year-to-dateMLS® dollar volume stands at over $2.4 billion andMLS® sales of 10,400 are flirting with the best year ever in 2007 when there were over 13,000MLS® sales by year end.

Call it what you will, a jet -fueled market with our newNHLteam ready to take-off this weekend, and exciting new developments including an IKEA, a Canadian Museum for Human Rights, a new football stadium, an expanded Winnipeg Convention Centre and a new airport opening at the end of the month, Winnipeggers are optimistic...

WinnipegREALTORS® Press Release; September 7, 2011

Mosquitoes have become an endangered species inWinnipegthis year … but a new bug has appeared – theWinnipegreal estate sales bug! Sales in August are on par with the best August ever in the real estate Association’s 108 year history.

In August of 2005 there were 1293 sales – and this August we registered 1290MLS® sales.

But the dollar volume isn’t even close – in 2005 the 1293 sales amounted to $169 million in dollar volume – this year’s 1290 sales registered $297 million – so virtually the same number of sales - but a staggering 76% increase in dollar volume in 6 years.

With concern about the world economy; a potential 3^rd stimulus package south of the border and rampant fluctuations in the stock market and personal retirement investments, theWinnipeg real estate market continues to be the steadiest economic engine on the tracks.

“At the start...

WinnipegREALTORS® Press Release; August 8, 2011

WINNIPEG - Spectacular weather in July which kept ice cream and beer vendors busy did not deter sellers and buyers from remaining engaged in the market after an exceptional June of over 1,500MLS® sales. While not as active given Winnipeggers’ penchant for taking advantage of a plethora of summer festivals and frequent trips to Manitoba’s diverse cottage country, sales of close to 1,250 were on par with the third best July on record in 2007.  July 2008 is by far the best July ever at over 1,400 sales with the 10-year average for July sitting at 1,200 sales. New listings were ahead of last July too with over 1,700 added in July 2011.

To no one’s surprise, given a strong sales performance for this month and higher average sale prices in each successive year, dollar volume once again set a new record for month of July. It still however fell short of the $300 million monthly mark that was...