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Weekly Update on the Edmonton Real Estate Market/ {9 O i4 b/ T# X6 @7 u
; L Q( T7 Y3 p! C" r8 [0 {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:. ?. z0 F/ U. X' r6 J
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New listings: 780 (574, 669, 714)/ m& m4 b3 H0 h' S1 u9 |: V
# Sales: 284 (235, 263, 259)! k$ q6 {' K8 `" ~' G
Ratio: 36% (41%, 39%, 36%) y7 e/ @0 Z0 l6 H% [8 m! l
# Price changes: 550 (450, 465, 411)* `, e# Q- k0 d
# Expired Listings: 408 (83, 152, 137)1 m+ S7 ?+ A) I% p) \- e0 H1 E
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
6 {6 w& v( p% a7 W( X9 ?% H; GNet loss/gain in listings this week: 28 (217, 188, 260)
2 O5 P6 J7 O) ~: G c; R% V& |4 O' ?Active listings for single family homes: 3694(3649, 3496, 3367)
1 Y D$ l9 p- [3 u. e |, sActive listings for condos: 2692 (2669, 2608, 2541)3 L) r. C- r( g& ~) w( F# n: Z1 T
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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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