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The Latest Real Estate eNews Blog Post
WinnipegREALTORS® Press Release – January 10, 2012
An Impressive Finish to 2011
Best December Ever At Just Under 700 MLS® Sales
WINNIPEG - Based on the busiest December on record in WinnipegREALTORS® 108-year history, you have to surmise that some of all those gift cards being purchased in December had to be house-warming gifts. December sales have never been at the 700 level mark before nor has dollar volume climbed so high to $182 million – a total that is leaps and bounds over any previous December. Prior to 2009, no December dollar volume ever eclipsed $100 million.
The strong finish to 2011 encompassed the entire second half with new monthly sales records or near best results. It led to WinnipegREALTORS® having its first $3 billion year worth ofMLS® sales and the second bestMLS® sales year – only nudged out by 13 sales in 2007. There is no question something special and significant happened to this city when the announcement was made of the return ofWinnipegto the NHL. Buyers gained confidence and were clearly motivated by the low borrowing costs that persisted throughout 2011 given the uncertain global outlook.
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