September 2019 - 60-second Market Update for Winnipeg

2019-10-09

September caps off a STRONG 3rd quarter in Winnipegs Real Estate Market The third quarter of 2019 ended up being the strongest quarter of market activity on record. September’s 1211 sales were a 16% increase over last year, and only 4 sales short of the best September on record, in 2016. Making things a little easier for buyers is the fact that this September saw a 10% increase of new listings coming to market, when compared to 2018. This helps to keep prices in check. ...

September caps off a STRONG 3rd quarter in Winnipegs Real Estate Market

The third quarter of 2019 ended up being the strongest quarter of market activity on record. September’s 1211 sales were a 16% increase over last year, and only 4 sales short of the best September on record, in 2016.

Making things a little easier for buyers is the fact that this September saw a 10% increase of new listings coming to market, when compared to 2018.

This helps to keep prices in check. The average single family home sold for $325,215 less than 1% increase over last year.

What does all this mean: The fall-time is usually a buyers market, and that is especially true this year. Right now is the best time to buy a house or condo in Winnipeg.

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