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Weekly Update on the Edmonton Real Estate Market& I& z# U+ G; d5 y. i! H( b& k1 }
/ g5 F- |2 l. D1 @& t$ l6 }WeeklyupdateHere 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)6 T) |3 X% l" Z( X! c% K
# Sales: 284 (235, 263, 259)
: r; j7 ?- q) w) e* v4 z3 p5 L& cRatio: 36% (41%, 39%, 36%)8 M2 w( Z2 v- y1 |$ t
# Price changes: 550 (450, 465, 411)
" j" N) X6 g$ A, Y1 p# Y l8 D- {4 j# Expired Listings: 408 (83, 152, 137)! B% u& S9 J; F7 O$ p
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)8 s* |! q2 S) Z/ K. ^, Z' s' J
Net loss/gain in listings this week: 28 (217, 188, 260)
, R; p$ s. H% N3 bActive listings for single family homes: 3694(3649, 3496, 3367)
1 o Y# ]4 c3 [# DActive 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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