Winnipeg MB August stats

August, based on prices in general being slightly better in comparison to last year, recorded its best dollar volume result ever for this month at $231 million.August 2009 also saw WinnipegREALTORS® record its 8th million dollar plus home sale which is equal to the most sales ever sold in one year in this price range.

Also noteworthy, is year-to-date sales activity in comparison to the same period last year is improving and coming within a few percentage points now of WinnipegREALTORS® January forecast. It predicted home sales would be down 5% from last year and house prices up in the low single digits as opposed to double-digits like the past six yea

"August 2009 is looking very much like August 2008 and that is just fine by me," says Deborah Goodfellow, president of WinnipegREALTORS®. "Both of these months rank among the best for this time of year and indicate Winnipeg's real estate market is on a solid footing with buyers confident in moving forward in their purchase decisions. Helping this along are news reports of a national market recovery and Manitoba faring better than most other provinces in employment and GDP growth."