June 2023 Winnipeg Regional Real Estate Board statistic are in. Comparing June 2023 to June 2022. Combined active listings are up but sales are down 10%. Residential Detached and Residential Attached listings are up and sales are down. Where as condominium active listings are slightly down and sales slightly up. Bank of Canada raised interest rates another 25 basis points on July 12, 2023 to its target of 5%. This is having an impact on many homeowners who have to tighten their belts even more now. I believe the trend of more homes coming own the market and less sales will continue through the summer months.
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