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Weekly Update on the Edmonton Real Estate Market7 [# Z, J; U% W% n) h% q. T
3 d% _9 Q# N1 T8 Y" xWeeklyupdateHere 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:
# w6 n0 |* |( m% D7 }( j! X
2 {* ?! @7 U# a9 u" d; n3 wNew listings: 780 (574, 669, 714)3 B# C- j7 f+ l
# Sales: 284 (235, 263, 259)5 E ^% X# C; M" x8 y
Ratio: 36% (41%, 39%, 36%); w0 k+ B0 j, I; b( x
# Price changes: 550 (450, 465, 411)
h! j% k5 G$ b# Expired Listings: 408 (83, 152, 137) d K. Q/ G0 K/ D. t
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)8 M$ n8 G: \/ R$ @+ \$ b6 y$ f
Net loss/gain in listings this week: 28 (217, 188, 260)$ b9 F1 v* J# D- R6 B
Active listings for single family homes: 3694(3649, 3496, 3367)6 T( |5 R5 w# j4 K, E' S8 X
Active listings for condos: 2692 (2669, 2608, 2541)) P0 m8 X# ]' E5 S( C) t
4 w# r3 F1 X, V+ w, p* U1 q& Q7 F
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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