Here are the October Sales stats provided by Winnipeg REALTORS®If this was an election it would be too close to call. On the final stretch drive with two months to go it is a dead heat in terms of MLS® sales compared to last year. There are only 28 more MLS® sales in 2010. However dollar volume is a different story. It is up 10% in comparison to 2009 and while sales do drop off at year end th ...

I have heard a number of questions regarding CREA’s Agreement with the Competition Bureau. I hope that this information may help clarify how the system works. This information is provided in part by WinnipegREALTORS®.All listings posted on the MLS® have to be through a REALTOR®. The level of services beyond the posting is entirely up to the Seller to negotiate with their REALTOR®. WinnipegREA ...

Here is a news release from CREA and the WinnipegRealtors® on the Competition Consent Agreement...St. John’s NL – October 24, 2010 – The President of the Canadian Real Estate Association (CREA), Georges Pahud, today welcomed the decision of delegates to its Special General Meeting to approve CREA’s consent agreement with the Commissioner of Competition regarding the case before the Competitio ...

It took until the month of September last year to set a new sales and dollar volume MLS® record in comparison to the same month the year previous. Ditto for 2010. Like athletes vying for new records in the Olympics or Commonwealth Games, September 2010 sets the bar higher again for what September 2011 will have to achieve if there is to be a new MLS® sales record for this month. It was noted ...

Here is the latest News Release from WinnipegREALTORS:Despite a drop in sales activity this summer in comparison to July and August last year, year-to-date sales are slightly above 2009 while dollar volume is up nearly 11% and closing in on $2 billion – the fastest pace at which this milestone level will be reached inWinnipegREALTORS® 107-year history. August 2010 is clearly showing a so ...

The preferred rates at the certain banks have dropped slightly. The CIBC 5 year fixed rate mortgage just dropped to 3.89%. The TD and the Royal Bank rates are at 3.99%. With certain sectors of the market becoming more balanced and relatively low interest rates, it is a good time to buy. 

The Real Estate Investment Network (REIN) has ranked Winnipeg in the top 10 places to invest in Canada! This is what they had to say about Winnipeg - rated #10 "Winnipeg is often left off the real estate investment radar, but Mr. Campbell says it’s a good city for “consistent economic performance — not too high during booms and not too low during downturns.” But people should stick to buyin ...

July 2010 Sales Report provided by WinnipegREALTORS®:When all is said and done about our Bombers at the end of July - they’re 2 and 3 – but the numbers don’t look all that bad! And to holdCalgary to 6 points in the second half and still have a chance to win with 30 seconds on the clock with our first-string quarterback hurt - a lot of positives are in the air.  Same with the WinnipegREALTO ...

Besides resulting once again in another month where dollar volume sets a new record for the month as it was up 9% over the previous best dollar volume February in 2008, a significant development this month is a clear shift in overall residential-detached sales activity to price ranges over $200,000. Leading the way is the $200,000 to $249,999 price range where one out of every four homes sold ...

New rules for government backed mortgages were announced yesterday by the Minister of Finance, Jim Flaherty. I do not think that this will be a significant impact to us in Winnipeg and is probably a good measure for maintaining a long-term stability of our housing market. The three new rules come into effect on April 19th, 2010 so be prepared! The new rules are: Require that all borrower ...