August Sales Show Stabilizing Market
Winnipeg, Manitoba — 1,626 sales were recorded in August 2021 making it the second-best August on record. While 12% off the recordsetting 1,845 sales transacted in August 2020, it was up 9% over the 5-year average for this month.
“There has been some moderation in sales activity in our regional market since June 2021,” said Kourosh Doustshenas, president of the Winnipeg Regional Real Estate Board. “Though it is important to acknowledge July and August were still very active and ahead of previous same month sales with the exception of 2020.”
Active or available listings for sale at the end of August are at just under 3,000, a 30% decrease from the same time in 2020. New listings entered on the MLS® in August were 2,157, a 9% drop from last August but only 3% off the 5-year average for this month.