MARKET RELEASE APRIL 2023
WINNIPEG, August 9, 2023– July MLS® sales decreased from June, last July and the 5-year average. Active MLS® listings rose from last month, last July and to slightly above the 5-year average.
All MLS® sales in July were 15% below June, 11% below July of 2022 and 14% below the 5-year average. Of note, MLS® sales performance for July were 2% below the 5-year average of Julys from 2015-2019 before the pandemic began. Active MLS® listings on the other hand, were up 3% from June, 16% up from last July and statistically even with the 5-year average.
The average price for a residential detached home rose 2% over last July and is up 9% over the 5-year average.
The average price for a condominium in July was 6% below July of 2022 and even with the 5-year average.
The average price for a condominium in July was 6% below July of 2022 and even with the 5-year average.