Winnipeg Regional Real Estate Board: Composite Benchmark Price Reaches $383,800 in February 2026, Up 3.0% Year-Over-Year

Winnipeg Regional Real Estate Board — February 2026

The Composite Benchmark Price for the Winnipeg Regional Real Estate Board reached $383,800 in February 2026, marking a 3.0% increase year-over-year. This figure follows a Composite Benchmark of $382,100 reported in January 2026.

Market Analysis

The Composite Benchmark Price for the Winnipeg Regional Real Estate Board was $383,800 in February 2026, representing a 3.0% increase compared to the previous year. This follows a Composite Benchmark of $382,100 in January 2026. Residential detached average prices in February 2026 were statistically even with February 2025 while MLS® sales of 489 decreased 11% when compared to last year, according to the Winnipeg Regional Real Estate Board. Condominium average prices rose 4% to $284,086 and MLS® sales decreased 24% from February 2025. All MLS® sales of 786 in February 2026 were down 11%, active All MLS® listings of 2,563 were down 8%, and total MLS® dollar volume of over $314 million was down 10% from February 2025.

Year-to-date All MLS® sales of 1,405 through to the end of February 2026 were down 12%, total MLS® listings of 2,647 were down 11%, while total dollar volume of over $552 million was down 9% from 2025. Year-to-date residential detached MLS® sales of 856 were down 14% and the average price of $445,448 was up 2% when compared to last February. Condominium MLS® sales of 210 were down 21% and the average price of $280,331 was up 6% above last year. Michael Froese, 2025-2026 President of the Winnipeg Regional Real Estate Board, stated, “Condominiums reached their highest February average price on record while residential detached average prices were statistically even with 2025.” Crystal Hollas, CEO of the Winnipeg Regional Real Estate Board, noted, “What was clear from the presentations at the Winnipeg Regional Real Estate Board’s 2026 Market Insights event last month is that a lack of housing supply is having a noticeable impact on residential real estate markets across Canada.”

Property Type Analysis

The Winnipeg Regional Real Estate Board reported a Detached benchmark price of $406,700 in February 2026. The Attached/Townhouse benchmark price was $314,600, and the Apartment benchmark price was $226,600.