Winnipeg Real Estate Market is still HOT, HOT, HOT!!!
By Harry Logan, Your Satisfaction is Guaranteed!
(RE/MAX executives realty)
The Winnipeg Real Estate Market is still Smokin HOT!!!June is first month when dollar volume for residential-detached sales eclipsed $300 million and a new MLS® dollar volume record was set at $368 million. The average residential-detached sales price in June of $258,275 was up 3% over the same month last year while the average condominium price of $201,642 increased 7% over June 2010.4 out of 5 new listings sold and nearly half of the entire MLS® inventory turned over.June MLS® unit sales increased 6% (1,516/1,432) while dollar volume rose 12% ($367.9 million/$329.2 million) in comparison to the same month last year. Year-to-date MLS® unit sales are up 3% (6,660/6,452) while dollar volume has increased 7% ($1.56 billion/ $1.45 billion) in comparison to the same period last year.
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