May eclipses 2,000 sales for second consecutive month
WINNIPEG, June 4, 2021 - Back-to-back monthly sales of over 2,000 reaffirms 2021 as a year like no other. May 2021 sales of 2,006 increased 46% over May 2020 and 21% above the 5-year average for this month. The 2,006 sales are only surpassed by April 2021 when 2,055 sales were transacted on the Winnipeg Regional Real Estate Board’s Multiple Listing Service® (MLS®).
Dollar volume for May is up 70% over the same month last year with an all-time record monthly total of $692.6 million worth of sales.
Year-to-date MLS® sales of 8,197 have increased 68% while dollar volume of $2.72 billion is up 89% over the same period in 2020. Listings entered on the MLS® this year are ahead of 2020 by nearly 9% with 10,594 listings.
Despite a 4% increase in new listings entered in May due to this month’s very buoyant sales activity, the active listing supply at month end going into June is down 40% from 4,621 last year to 2,768 in 2021.