Winnipeg Real Estate Market Release, December 2022

Strong finish despite slowing 2nd half of 2022 MLS® sales

WINNIPEG — Slowing 2022 MLS® sales that began in summer continued through December, transitioning the Winnipeg Regional Real Estate Board market region back to a balanced market. 

The total number of MLS® sales in 2022 was the third highest on record at 14,660, behind only 2021’s record-setting 18,575 and 2020’s 16,033. To add perspective, the last pre-pandemic year of 2019 had 13,662 sales. The total MLS® dollar volume of all sales for 2022 was the second highest on record at $5.4 billion. Total MLS® dollar volume was increasing every year from 2018 until 2021 put an exclamation point on it. Until 2021, the total MLS® dollar volume had not eclipsed $5 billion in any other year, but 2021 saw a record of $6.3 billion in total sales.