Winnipeg Regional Real Estate Board Reports May 2026 Composite Benchmark Price at $401,200, Total Sales 1,707, Price Up 3.8% YoY

Winnipeg Regional Real Estate Board — May 2026

The Winnipeg Regional Real Estate Board reports a Composite Benchmark Price of $401,200 for May 2026, with total sales reaching 1,707. The Composite Benchmark Price saw a year-over-year increase of 3.8%.

Market Analysis

The Winnipeg Regional Real Estate Board reports a Composite Benchmark Price of $401,200 and an Average Price of $477,313 for May 2026. Total sales for the month were 1,707, with the Composite Benchmark Price showing a year-over-year change of +3.8%. All MLS® 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. According to Dan O’Brien, 2026-2027 President of the Winnipeg Regional Real Estate Board, “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.” Mr. O’Brien also stated, “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.

Property Type Analysis

For May 2026, the Detached property type recorded a Benchmark Price of $424,500. The Attached/Townhouse property type had a Benchmark Price of $344,100, and the Apartment property type registered a Benchmark Price of $233,900.