Winnipeg Real Estate Market Release, July 2023

JULY MLS® SALES CONTINUE TO PERFORM SIMILARLY TO PRE-PANDEMIC YEARS - INCLUDES MID-SUMMER LAKE COUNTRY REAL ESTATE MARKET UPDATE

WINNIPEG, August 9, 2023 – July MLS® sales decreased from June, last July and the 5-year average. Active MLS® listings rose from last month, last July and to slightly above the 5-year average.

“The last 3 Julys were the top three Julys on record but when taking the 5-year average of Julys from 2015 to 2019 before the pandemic began, we see July 2023 MLS® sales tracking similarly,” said Rena Prefontaine, 2023-2024 President of the Winnipeg Regional Real Estate Board. “The depleted housing availability seen over the last 3 years has balanced out with gains to active listings that are encouraging to see. A healthy housing inventory that spans all different price ranges is important for a balanced market.”