Chris Dudeck

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WinnipegREALTORS® Press Release; January 10, 2012

 

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 theNHL. Buyers gained confidence and were clearly...

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From Winnipeg Free Press, by Murray McNeil, January 11, 2012.

 

WINNIPEG’S Goldilocks housing market is showing no signs of being gobbled up by the big, bad wolf.

 

Although a growing chorus of experts predicts overheated housing markets like those in Vancouver and Toronto could be in for a fall in 2012, year-end housing reports issued Tuesday show Winnipeg’s robust market is showing no signs of slowing.

 

Not only was 2011 the second-best year on record for MLS (Multiple Listing Service) sales (13,065), it was the best year since 1989 for singlefamily housing starts (2,002) and the second best since 1988 for multiplefamily starts (1,329).

 

And last month was the best December ever for both MLS unit sales — up seven per cent to 698 — and dollar volume of sales — up 19 per cent to $182 million.

 

“As the year progressed, it became evident momentum was on our side and it carried us all the way through to a record dollar-volume year...

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