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Follow on Google News | Winnipeg Real Estate Market Update: May 2009 StatisticsHere are the sales and listing statistics for May 2009, as issued by Winnipeg REALTORS. Each month, we release the most current information on the housing and condo market in Winnipeg.
By: Bo Kauffmann May 2009 market activity still resulted in the fifth best May for sales and the third highest for dollar volume, only beaten out by the last two banner years where for the first time, WinnipegREALTORS® There are a few good indicators of how the MLS® market has come off boiling to simmer. In May 2008 57% of residential- May MLS® unit sales were down 13% (1,367/1,564) For a complete look at the Press Release issued by Winnipeg REALTORS, go to my website at WinnipegHomeFinder.com The one problem I have with these types of statistics is that they rely heavily upon comparisons to last year. In doing so, the phrases "slower than last year", "more level market" etc etc, may lead buyers to believe that there is no competition for homes, when in fact multiple offers are still very much alive, especially in lower price ranges. In addition, these market updates look at ALL of Winnipeg MLS, which include many of the rural areas right around Winnipeg. For a more focuses look at what is happening IN Winnipeg, see my video Market Update at : http://www.screencast.com/ # # # Award winning Real Estate Agent in Winnipeg. Works with home buyers in the search of their dream home, and excels as a "Listing Agent", with marketing plans which are second-to-none. Homes are featured in magazines, newspapers, internet and Television. End
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