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January 11, 2010
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SLOW START, GREAT FINISH TO 2009
Almost $2.5 Billion Worth of MLS® Sales
WINNIPEG – Winnipeg’s MLS® market shook off early year recession concerns and another major flood to post a much better second half and end the year with a strong result. 2009 MLS® sales of 12,182 only take a back seat to the 2007 record-setting year of over 13,000 sales and to 2008 and 2006 where sales were 12,630 and 12,304 respectively. Considering in the early stages of 2009, MLS® sales were down as much as 12% and worked their way back to be off less than 4% is quite a come back. More impressive however is that MLS® dollar volume rebounded from being down 9% at the end of May to finish ahead by 2%, and in doing so, set an all time best MLS® dollar volume record just shy of $2.5 billion.
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January 11, 2010
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WinnipegREALTORS® 2009 Year End MLS® Highlights
In 2009 there were 14 MLS® residential sales over $1million, 13 were residential-detached listings and one was a condominium. The highest sale price of all of them was a Wellington Crescent condo at $1.5 million.
In contrast to these higher end sales, the lowest priced listing was a residential-detached property which sold for $3,500.
The 9,205 residential-detached sales in 2009 represent 3 out of every 4 MLS® sales.
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November 09, 2009
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OCTOBER SALES MIRROR LAST YEAR’S
MLS® Dollar Volume Up 10% to over $200 million
WINNIPEG – A recurring theme this year as evident in October has been the consistent dollar volume strength of the Winnipeg resale market. Despite sales being softer this year than the two previous years, dollar volume in 2009 is within reach of setting a new all time level above last year’s record of $2.42 billion. Helping spur October’s high dollar volume relative to number of sales is three more million dollar plus home sales. There have now been 12 million dollar plus home sales and one million dollar plus condo sale, five more than the highest yearly total achieved in 2008. Also noteworthy in comparing October’s dollar volume to last October is the more pronounced activity in the $200,000 to $250,000 price range – a 30% increase over the same price range from a year ago.
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May 06, 2009
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APRIL MLS® MARKET TAKES A BACKSEAT TO 2009 FLOOD
WinnipegREALTORS® has been there before and will likely go through it again. As was the case in 1997, the MLS® market dipped noticeably from the same month the year before when there was no major flood to encounter and preoccupy yourself with as a resident of Winnipeg or outlying rural municipalities in the floodplain. It was confirmed by a provincial communications officer involved in releasing flood bulletins that the first two weeks of April involved daily news conferences and the City of Winnipeg were issuing news releases and holding news conferences too.
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May 04, 2009
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RE/MAX Awards $12,000 in Bursaries to High School Graduates
Twenty four students from Western Canada have won a RE/MAX 2009 ‘Quest for Excellence’ bursary, valued at $500 each, to be presented during their school commencement ceremonies.
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April 04, 2009
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The Winnipeg real estate market in March was really quite similar to March 2008 when you break down the two main property type sales. Home sales which still make up the lions share of total MLS® activity every month were only down 3 per cent with more sales this year over $200,000. There were three sales above one million dollars. Condominium sales were virtually the same as last March with two less sales. The big drop off in activity was in vacant lots with a 63 per cent decrease in sales. Duplexes sales were down 31 per cent while single attached units had a decline of 25 per cent.
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March 16, 2009
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Winnipeg REALTORS® is calling on the provincial government to provide relief to home buyers in its upcoming March 25th provincial budget by modifying the significant revenues it generates on property purchases in this province. The province has seen its LTT revenues increase from $31.0.million in 2006 to $44.8 million in 2008, a 44% increase.
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February 04, 2009
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The Winnipeg real estate market got off to a good start in 2009 with another monthly dollar volume record. MLS® sales were worth close to $100 million and only off 8% from the second best January in 106 years.
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January 07, 2009
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The Winnipeg real estate market recovered some of its lost form in the fourth quarter by posting a solid showing to end an excellent year of MLS market activity.
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December 09, 2008
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A new record for annual dollar volume.
In December 2007, Winnipeg REALTORS was pleased to announce it set an all time annual sales and dollar volume record with a month left to go in the year. A year later it again is reporting an annual dollar volume record and sales which will be second best ever recorded by year end.
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December 03, 2008
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Threat of global recession to hinder home sales in major Canadian housing markets in 2008 and 2009, says RE/MAX
Global economic uncertainty weighed heavily on residential real estate activity in most major Canadian centres during the latter half of 2008. Although the forecast for 2009 promises more of the same, most markets are expected to weather the storm, says RE/MAX.
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November 13, 2008
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Year-to-Date MLS® Sales Down 2%; Dollar Volume Rises 11%
With an increase in inventory and moderating demand, the Winnipeg MLS® market is becoming balanced. There is now close to four months of inventory going into November which is considered more in line with the balanced market territory.
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September 25, 2008
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Luxury home sales hold steady in most major markets across the country, says RE/MAX.
Luxury home sales have outperformed virtually all other residential price points this year, but activity in the top-end is expected to taper in most major Canadian centres in coming months, according to a report released today by RE/MAX.
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February 08, 2008
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Housing sales and average price weren’t the only records being shattered across Canada in 2007. RE/MAX agents also set a new benchmark in charitable giving, raising over $4 million for the Children’s Miracle Network.
The 2007 donation surpassed the agents’ 2006 contributions by more than 14 per cent.
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November 14, 2007
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Condominiums achieve unprecedented favour among Canadian homebuyers
Double-digit sales gains reported in most major markets in 2007
After more than three decades of slow but steady growth, the condominium concept has finally clicked with Canadian homeowners. The lifestyle has proven to be a solid investment in housing markets across the country, chalking up some of the most impressive gains in residential real estate in 2007, according to the RE/MAX Condominium Report.
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Oct 22, 2007
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Slow and steady growth forecast for residential real estate.
After posting extraordinary gains in 2007, housing market performance will moderate in most major Canadian centres in 2008, according to a report released today by RE/MAX.
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Oct 05, 2007
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September MLS® Activity capes off record month. Sales up 2%; Dollar volume rises 15%
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Sept 06, 2007
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Year to date MLS® dollar volume goes over 1.6 Billion. Second best August on record for MLS® sales.
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August 07, 2007
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Real estate wave continues. July MLS® sales rise 5%; MLS® dollar volume soars 21%
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July 05, 2007
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Another monthly MLS® record set by Winnipeg REALTORS® - - - June MLS® Sales Up 5%; MLS® Dollar Volume Jumps 21%
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June 05, 2007
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Backgrounder on Association’s Most Successful MLS® Month Ever
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June 05, 2007
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An all tume MLS® record shattering month.May Sales Up 12%; May Dollar Volume Jumps 29%
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May 08, 2007
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Winnipeg REALTORS® MLS® Keeps on keeping on. April Sales Up 14%; Dollar Volume Rises 23%
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April 04, 2007
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WINNIPEG - The Winnipeg real estate market's first quarter was capped off by the best March on record with MLS® sales surpassing 1,100 for the first time and dollar volume closing in on $180 million - more than double the March dollar volume recorded five years ago. Another bright spot was the over 10 percent increase in new listings entered in March. It is also noteworthy that 61 percent of the entire inventory turned over in March.
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March 07, 2007
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WINNIPEG - The Winnipeg real estate market in February showed a continuation of last year's remarkable performance with sales just edging out 2006 and dollar volume setting another new monthly record for this month. Only 1997 where MLS® sales went over 800 in February was there more activity than 2007.
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February 06, 2007
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WINNIPEG - The Winnipeg real estate market in January outperformed the same month last year in both sales and dollar volume. Active listings are in a better position too with a 9 per cent increase over January 2006.
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January 11, 2007
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The Board of Directors of the Winnipeg REALTORS® Association is pleased to announce the election and confirmation of Wes Schollenberg, REALTOR®, as President for the 2007 calendar year. Mr. Schollenberg served as President-Elect in 2006 and succeeds Walter Boni as President.
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January 05, 2007
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WINNIPEG - The Winnipeg real estate market finished off 2006 in spectacular fashion with dollar volume shattering the previous best December in 2005. You only have to go back four years when December dollar volume was less than half what it is in 2006. December MLS® sales were impressive as well with close to 600 unit sales - third only to 1996 and 1997 when they were 686 and 608 sales respectively.
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December 06, 2006
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WINNIPEG - The Winnipeg real estate market hasn't noticeably slowed down even though this November has been dramatically colder than last November. November MLS® unit sales were off less than 1% from November 2005 (825 / 830). Dollar volume was up 15% over the same period last year ($127.9 million / $111.1 million). MLS® listings entered in November are up 1% (914 / 904) while listings entered from January to November, 2006 are up 7% (15,941 / 14939). Year-to-date MLS® sales are up 2% (11,711 / 11,528) while dollar volume has risen 15% ($1.773 billion / $1.546 billion). The Board's listing inventory stands at just under 2,200.
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November 07, 2006
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WINNIPEG - October 2006 is the best October MLS® result ever in the Board’s 103 year history. For the first time, sales eclipsed the 1,000 mark and dollar volume reached its highest level ever at close to $160 million. This impressive result puts year-to-date dollar volume ahead of last year's total dollar volume.
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October 05, 2006
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WINNIPEG - September 2006 helped propel the first three quarters of 2006 to new uncharted territory. Both sales and dollar volume are out ahead of previous years to this point and that is saying something given how well 2005 performed. MLS® dollar volume so far is just shy of $1.5 billion with still a full quarter to go and MLS® sales are fast approaching the 10,000 mark.
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September 12, 2006
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WINNIPEG - August 2006 is the second best August in the Winnipeg Real Estate Board's 103-year history for MLS® unit sales and the highest ever for August MLS® dollar volume. As a result, year-to-date MLS® sales are closing in on 9,000 and dollar volume has surpassed $1.3 billion. With four months to go, the Board will inevitably set its sixth consecutive dollar volume year end record and may still exceed the 2005 new all time benchmark of over 12,000 sales.
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August 03, 2006
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WINNIPEG - July MLS® sales and dollar volume activity moderated from the two previous back-to -back all time record-breaking MLS® months this year. Although, for the hot and dry days of summer, July's MLS® results were strong enough to set the best ever sales and dollar volume level for this vacation month.
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