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Weekly Update on the Edmonton Real Estate Market
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1 W. u" q- D& S/ H5 y- Z1 MWeeklyupdateHere 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:: K# c; k3 T J# R
5 p( r0 Q8 i3 q9 z- r" ^. k: p) iNew listings: 780 (574, 669, 714)) C0 m/ g' x0 J% X1 a# N- M1 Q
# Sales: 284 (235, 263, 259)# d/ U1 j+ Y/ l& O+ w& H
Ratio: 36% (41%, 39%, 36%)
% s8 j9 `/ W5 _; N/ w# Price changes: 550 (450, 465, 411)* p8 v+ V9 a3 ]7 \5 N
# Expired Listings: 408 (83, 152, 137)
/ x$ r/ C! W8 k( [% O& }9 I# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
3 o) A$ t! n' K2 w) ~2 FNet loss/gain in listings this week: 28 (217, 188, 260)
7 \* L4 g1 {4 c2 S! UActive listings for single family homes: 3694(3649, 3496, 3367)% f# b+ V \2 B1 X/ K c% o( S- J' b
Active listings for condos: 2692 (2669, 2608, 2541)+ m+ W3 [' y5 L/ z1 [
% @, T$ ^3 y# R. f2 w7 i) Q5 l' Q+ HThat'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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