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Weekly Update on the Edmonton Real Estate Market O. _! A; v7 A5 e
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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:! R" C' C9 U3 m$ S6 B, O; Z2 J: S
y) B2 L0 b3 Y( H7 a( v4 tNew listings: 780 (574, 669, 714)7 Y5 k5 x* g; A& N
# Sales: 284 (235, 263, 259)
) z+ R: U3 L) k" m2 y$ q) wRatio: 36% (41%, 39%, 36%)8 E4 {/ s8 g% }$ }7 G3 D
# Price changes: 550 (450, 465, 411)
8 z2 \, S* @9 e6 b2 y. l# Expired Listings: 408 (83, 152, 137)
/ h5 s/ N$ S" j( T9 A# Canceled, withdrawn and terminated listings: 60 (39, 66, 58), Z) M" d( Q. M$ Q
Net loss/gain in listings this week: 28 (217, 188, 260)
I6 K% g7 E# B% J4 w+ | jActive listings for single family homes: 3694(3649, 3496, 3367)
+ d- j$ J4 E2 {7 D: ]Active listings for condos: 2692 (2669, 2608, 2541)7 F$ `: \. a5 D# n% E7 K. V
, b( L ]/ B& q/ m9 b; ~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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