Record July For Real Estate

Manitoba Post StaffNews

WINNIPEG – The city’s real estate market is booming after a couple toughs months at the start of the pandemic.

July was a record month in Winnipeg. MLS sales hit 1,898, a 32 percent increase over a year ago. The dollar value was $596 million and that’s a 36 percent jump from last July.

The year-to-date numbers are five percent higher.

Catherine Schellenberg, head of WinnipegREALTORS, says they didn’t expect such a significant recovery from the drop off in April and May sales activity due to the economic shutdown.