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Weekly Update on the Edmonton Real Estate Market
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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:. L* w: T `" u1 U0 P9 W" |- H
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New listings: 780 (574, 669, 714)
% v; e8 S! R" ~# Sales: 284 (235, 263, 259)
G6 u4 b9 Q) H m; ]5 _8 |Ratio: 36% (41%, 39%, 36%)
, B- U9 J x( a5 J0 \/ z1 T9 ?# Price changes: 550 (450, 465, 411)
6 Q( }0 V% [6 f3 \# Expired Listings: 408 (83, 152, 137)
7 H$ i" f9 a& ?9 |# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)6 v; B8 E- v, r0 o
Net loss/gain in listings this week: 28 (217, 188, 260)
6 `2 ]6 P/ L' v J3 mActive listings for single family homes: 3694(3649, 3496, 3367)& i" \6 j2 I. A; [4 Z- n
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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