Winnipeg Free Press - ONLINE EDITION

Resales rebound in housing market in October

  • Print

Winnipeg’s resale-homes market rebounded from a sluggish September to post its second best October on record for unit sales and its best for dollar volume of sales.

Winnipeg Realtors Association numbers released today show 1,118 properties sold last month through the local Multiple Listing Service, which covers Winnipeg and a variety of other southern Manitoba communities.

That was a four per cent increase from the 1,076 properties that changed hands in October of last year, but fell short of the October record of 1,201 units set in 2007.

However, last month’s surge in sales activity did set a new October record for dollar volume of sales, the association said, at $281.8 million. That was a 10 per cent improvement from a year earlier, when $256.9 million worth of properties were sold.

The strong showing came on the heels of a 14 per cent drop in unit sales and a 10 per cent decline in dollar volumes in September.

It left year-to-date sales running less than one per cent ahead of last year’s pace after the first 10 months — 11,554 versus 11,486 — and the dollar volume up six per cent — $2.83 billion versus $2.67 billion.

murray.mcneill@freepress.mb.ca

 

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.

letters

Make text: Larger | Smaller

LATEST VIDEO

Jaws of life used to free two people after two-car collision

View more like this

Photo Store Gallery

  • MIKE DEAL / WINNIPEG FREE PRESS 060711 Chris Pedersen breeds Monarch butterflies in his back yard in East Selkirk watching as it transforms from the Larva or caterpillar through the Chrysalis stage to an adult Monarch. Here an adult Monarch within an hour of it emerging from the Chrysalis which can be seen underneath it.
  • Geese fight as a male defends his nesting site at the duck pond at St Vital Park Thursday morning- See Bryksa’s Goose a Day Photo- Day 08- May 10, 2012   (JOE BRYKSA / WINNIPEG FREE PRESS)

View More Gallery Photos

Poll

What should the city do with the 102-year-old Arlington Street bridge?

View Results

View Related Story

Ads by Google