The fourth quarter of condo sales activity reaffirmed the momentum and impressive condo sales activity which commenced in earnest in the latter half of 2020. It never let up in 2021 and this was certainly evident in the last three months of 2021 with sales up 12% over the same period in 2020 when condo sales were surging in comparison to 2019. Comparing fourth quarter 2021 to the same quarter in 2019 shows a 53% jump in condo sales.

CCI CONDO BLOG: FOUR FACTORS FUELED RECORD SALES IN 2020

While 2020 was a difficult year in Manitoba – the COVID-19 pandemic saw to that – 2020 was a very good year for condominium sales. In fact, it was a record year. A 5.5 per cent increase in sales saw a total of 1,847 units sold in 2020, up from 1,750 units in 2019. That broke the previous record of 1,798 units, which was set in 2014.