Winnipeg Regional Real Estate Board

All MLS®1 sales of 1,707 in May 2026 were down 4% from last May and 1% above the 5-year average. Active All MLS® listings of 3,739 were up 2% from last year and the 5-year average. Total MLS® dollar volume of over $729 million was down 1% from May 2025 and up 8% from the 5-year average. Residential detached MLS® sales of 1,200 decreased 4% from last year and were 1% above the 5-year average. The residential detached average price of $477,313 in May 2026 decreased 4% from April but increased 4% from May 2025 and up 7% from the 5-year average. Condominium MLS® sales were up 6% from last May and even with the 5-year average. Condominium average prices decreased 1% from May 2025 and increased 5% from the 5-year average.

“This was the highest May residential detached average price on record while the condominium average price fell just short of the record set in 2025,” said Dan O’Brien, 2026-2027 President of the Winnipeg Regional Real Estate Board. “May represents the first month in 2026 when All MLS® sales rose above the 5-year average and also the first month when active listings were higher than last year and the 5-year average. Condominium MLS® sales in May were above last year for the first time in 2026.”

Year-to-date All MLS® sales of 5,594 were down 8% from 2025 and down 2% from the 5-year average, total MLS® listings of 9,511 were down 4% from last year and down 1% from the 5-year average. Total dollar volume of over $2.3B was down 4% from 2025 but up 6% from the 5-year average. Year-to-date residential detached MLS® sales of 3,685 were down 9% from last year and down 4% from the 5-year average. The average price of $474,837 was up 4% when compared to 2025 and up 9% from the 5-year average. Year-to-date condominium MLS® sales of 839 were down 7% and the average price of $289,964 was up 4% from last year and up 7% from the 5-year average of $272,172.

“The Winnipeg Regional Real Estate Board is the voice of organized real estate in our market region and advocates on public policy issues that impact housing affordability and supply while supporting the growth of residential and commercial real estate development,” said Crystal Hollas, CEO of the Winnipeg Regional Real Estate Board. “Our Winnipeg Regional Real Estate News Market Matters column reports on the performance of real estate and elevates priorities important to the development of housing, owning a home, the buying and selling process, and why using a REALTOR® can prove invaluable.”

Statistics provided in this market release are the sole property of the Winnipeg Regional Real Estate Board.

Media Inquiries: Jeremy Davis Director External Relations & Market Intelligence Winnipeg Regional Real Estate Board media@wrreb.ca​ Office: 204-786-8857