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Weekly Update on the Edmonton Real Estate Market/ p8 k' h/ T! Y4 h5 m$ H
' a# }) z7 y. L8 RWeeklyupdateHere is our weekly update on the Edmonton real estate market. (Last week's numbers are in brackets, and the week before after that). For the past 7 days:
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New listings: 780 (574, 669, 714)
% r" s- i/ R9 F9 s# Sales: 284 (235, 263, 259)
% m1 w, ?0 S" V1 R$ E. rRatio: 36% (41%, 39%, 36%)3 i& V. a' r4 b# M7 v6 U% h4 n
# Price changes: 550 (450, 465, 411)
7 O. w( k6 d4 K6 w( D, z" C# Expired Listings: 408 (83, 152, 137)
) \. \! S' y+ u6 |# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)$ }5 _, r" p6 l' K. l8 t
Net loss/gain in listings this week: 28 (217, 188, 260)! m* I% B: J" |( ` X( U7 t. } @
Active listings for single family homes: 3694(3649, 3496, 3367)* `, l+ ^, ]2 }# b, q# {' }
Active listings for condos: 2692 (2669, 2608, 2541)
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That's the most new listings we've seen in a single week since we started tracking! However, there is a bit of a pattern developing....at the end of one month a lot of listings expire, and in the week following I would imagine a lot of those people re-list their homes accounting for the high number of new listings. Overall the net is an increase in inventory of 28 listings. |
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