MLS Records Fall Before End of 2005
A number of annual MLS® records were broken even before the books were closed on December sales in various parts of the country. Some of the most active markets were in British Columbia, where REALTORS® booked 100,586 MLS® sales worth some $33.3 billion by the end of November. Those figures eclipsed the 96,314 transactions worth $27.8 billion made in all of 2004.
In Calgary, the annual combined MLS® record had been broken before the end of November. At that time 29,621 units had been sold through the Calgary Real Estate Board MLS® system, compared to 27,948 in all of 2004.
The MLS® record book in Edmonton was also rewritten in 2005. Total Multiple Listing Services® sales in 2005 were $4.245 billion, up 14.5 per cent from the previous year. Unit sales for all property types were up from 20,110 to 21,276.
The Winnipeg Real Estate Board registered MLS® sale number 12,000 on December 30th , but the records had actually been broken earlier. The previous MLS® sales benchmark was set in 1987 when 11,900 houses were sold.
By Christmas, 2005 had already set the record for the greatest number of resale transactions in the Greater Toronto Area. With a total of 83,547 properties changing hands to-date, 2005 surpassed the previous record of 83,501 set in 2004 with more than a week to go.
RE/MAX Advantage Realty
102-321 6th Street
New Westminster, BC V3L 3A7