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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:& V2 Q! i. }4 l, g' s# L+ Q
- ?; E5 S& m; i7 gNew listings: 780 (574, 669, 714)# i5 W7 M8 M1 P% k8 q( P
# Sales: 284 (235, 263, 259)
5 b( d( h! T- W4 N6 x& \Ratio: 36% (41%, 39%, 36%)
2 q {4 b. |; n0 l" b3 P- k6 u' I# Price changes: 550 (450, 465, 411)
% f6 ]% o8 x$ f, M0 K% Q# Expired Listings: 408 (83, 152, 137)1 ^* D! k3 I9 Q' }$ Z: ]4 G
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
9 n) g- ^# m' c6 ?! cNet loss/gain in listings this week: 28 (217, 188, 260)
" W9 Q- j3 ?; m3 l6 L! bActive listings for single family homes: 3694(3649, 3496, 3367)& `* H6 v- t8 I9 A u. A
Active listings for condos: 2692 (2669, 2608, 2541), a' _5 D t$ L. Z. t: ?" Q1 r
$ \0 @8 D V3 Q7 \0 `/ ^4 l5 ]% a3 }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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