Winnipeg Regional Real Estate Board
Market Data & Trends
Overview
Winnipeg Regional Real Estate Board published a composite benchmark price of $397,000 in July 2026, up 3.0% year over year and down 1.5% on the month.
Across the 6 months with a published benchmark — January 2026 to July 2026 — the benchmark rose 3.9%, from $382,100 to $397,000.
The high over that window was $403,200 in June 2026; the benchmark now sits 1.5% below it.
Published benchmarks were $418,400 for detached homes in July 2026, $345,800 for townhouses in July 2026 and $239,400 for apartments in July 2026.
The segments have not moved together: apartments gained 8.0%, townhouses gained 8.0% and detached homes gained 3.3% over the window — a spread of 4.7 percentage points between apartments and detached homes.
Winnipeg Regional Real Estate Board reported 1,326 sales in August 2026, down 5.0% from a year earlier.
These are figures published by Winnipeg Regional Real Estate Board. The comparisons above — the change over the window, the distance from the high and the spread between property types — are arithmetic compiled by this publication from 7 monthly releases, January 2026 through August 2026.
Board Report
Key Takeaways
September 2026- Year-to-date average prices reached record highs for both residential detached homes and condominiums.
- Residential detached homes averaged $467,687 through to the end of Q3, up 3% from 2025 and 8% above the five-year average, while condominiums averaged $288,751, up 2% and 5%, respectively.
Source: Winnipeg Regional Real Estate Board
Winnipeg Regional Real Estate Board Narrative
Year-to-date average prices reached record highs for both residential detached homes and condominiums. Residential detached homes averaged $467,687 through to the end of Q3, up 3% from 2025 and 8% above the five-year average, while condominiums averaged $288,751, up 2% and 5%, respectively.
Buyers had more inventory to choose from this month with active MLS® listings reaching 4,234 in September, up 14% from last year and 5% above the five-year average. Residential detached inventory increased even more sharply, up 20% from last September, with 2,098 active listings.
From a sales perspective, MLS® sales eased from last September’s pace. Sales totalled 1,250, down 10% from last year but even with the five-year average. The slowdown was most pronounced for condominiums, where there were 155 sales which represented a 23% year-over-year decline.
“Year-to-date average prices for residential detached homes and condominiums reached their highest levels on record while the residential detached average for September also hit a historic record,” said Dan O’Brien, 2026-2027 President of the Winnipeg Regional Real Estate Board. “Growing housing supply and creating more choice for Manitobans continues to be an important focus of the Winnipeg Regional Real Estate Board’s advocacy efforts. It’s encouraging to see more inventory available in the market, giving buyers greater choice as they look for a home that meets their needs.”
Statistics provided in this market release are the sole property of the Winnipeg Regional Real Estate Board.
1 – The All MLS® statistical category is an aggregate of all property types.
Media Inquiries: Jeremy Davis Director External Relations & Market Intelligence Winnipeg Regional Real Estate Board media@wrreb.ca Office: 204-786-8857
Source: Winnipeg Regional Real Estate Board via CREA MLS
Period: September 2026
Market statistics are provided for informational purposes only and may not reflect all real estate activity in the market. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Past performance does not guarantee future results. Consult a licensed real estate professional for specific advice.