Manitoba Real Estate Association

The number of homes sold through MLS® Systems of real estate boards in Manitoba totaled 1,856 units in June 2026. This increased by 1% from June 2025.

Home sales were 1.9% above the five-year average and 1.5% above the 10-year average for the month of June.

On a year-to-date basis, home sales totaled 7,783 units over the first six months of the year. This was a decline of 6.1% from the same period in 2025.

“Provincial sales activity crept up to the fourth highest June in history, maintaining strong levels of demand while new listings have surged in the past few months,” said Akash Bedi, President of the Manitoba Real Estate Association. “Overall supply levels are still trending below historical norms but have begun to rise since the beginning of the year on the back of a resurgence in seller activity. In other news, the Government of Canada has announced funding to help build 133 affordable homes across the province, which will include housing for seniors, transitional housing, and on-reserve housing.”

The MLS® Home Price Index (HPI) tracks price trends far more accurately than is possible using average or median price measures. The overall MLS® HPI composite benchmark price was $398,700 in June 2026, increasing by 3.8% compared to June 2025.

The benchmark price for single-family homes was $420,600, a modest gain of 3.7% on a year-over-year basis in June. By comparison, the benchmark price for townhouse/row units was $345,500, up modestly by 3.4% compared to a year earlier, while the benchmark apartment price was $237,900, a minor increase of 2.5% from year-ago levels.

The average price of homes sold in June 2026 was a record $424,251, up modestly by 2.2% from June 2025.

The more comprehensive year-to-date average price was $412,225, a minor increase of 3.1% from the first six months of 2025.

The dollar value of all home sales in June 2026 was $787.4 million, a small gain of 3.2% from the same month in 2025. This was a new record for the month of June and was also the largest dollar value of homes sold for any month in history.

The number of new listings increased by 9.6% from June 2025. There were 2,555 new residential listings in June 2026.

New listings were 0.4% above the five-year average and 2.1% below the 10-year average for the month of June.

Active residential listings numbered 3,539 units on the market at the end of June, a gain of 6.4% from the end of June 2025.

Active listings were 3.6% below the five-year average and 18.4% below the 10-year average for the month of June.

Months of inventory numbered 1.9 at the end of June 2026, up from the 1.8 months recorded at the end of June 2025 and below the long-run average of 2.4 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.