Judy Lindsay Team News

June Market Update - May Statistics 2016

June 15th, 2016

 

Home sales for May climbed up to the top, bringing May into the largest sale month - besides May 2007- for Winnipeg markets. There were 1,629 properties sold in May 2016, with a 12% increase in sales and dollar volume from last year. No surprise in the dollar volume, as sale prices are up by 3%, climbing higher for those sellers worrying about their investments. However, when compared to other markets such as New York, Vancouver, or Toronto, we're miniscule on the raising prices, holding still at a more balanced market than sky-rocketed prices out of reach for buyers. Any questions about the market or your own real estate needs? Call us today at 204-925-2900.