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Weekly Update on the Edmonton Real Estate Market# y% @( \+ q4 Y( D& M
$ V# Y5 p _' e9 K$ CWeeklyupdateHere 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:
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New listings: 780 (574, 669, 714)
* N% G" S+ V' N& q# Sales: 284 (235, 263, 259)5 U3 l J( o; J& ~# |" X; a
Ratio: 36% (41%, 39%, 36%)/ G! [; N6 }& p% M" x
# Price changes: 550 (450, 465, 411)+ }, b3 S$ q! \8 P0 ?4 N
# Expired Listings: 408 (83, 152, 137)
) t- Y" X: g+ k! S# Canceled, withdrawn and terminated listings: 60 (39, 66, 58); h7 n2 i* D4 G" Y2 O
Net loss/gain in listings this week: 28 (217, 188, 260)
y; v/ X4 D7 ]2 f2 x0 m pActive listings for single family homes: 3694(3649, 3496, 3367)0 k( \. t$ F' q% N5 J+ M
Active listings for condos: 2692 (2669, 2608, 2541); J% u* G, q) b6 ^
) X4 n: K1 ^2 } y' RThat'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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