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Weekly Update on the Edmonton Real Estate Market
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1 W# R8 x. K4 ^# T# ?. s( ]4 rWeeklyupdateHere 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:0 G* F, E7 t+ t) A5 G7 k
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New listings: 780 (574, 669, 714)8 x9 Y% F$ ~" x: Y M0 Q
# Sales: 284 (235, 263, 259)
$ ~& Y3 C& `7 B1 L' sRatio: 36% (41%, 39%, 36%)
+ J9 `2 I! w1 L# @4 m f( I& t/ X# Price changes: 550 (450, 465, 411)
4 }& [; \1 K" C$ Q, o8 O# Expired Listings: 408 (83, 152, 137) ?) Y8 K9 D: y! r8 T7 u$ s
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
* ~2 c0 k; j b3 g- z7 ^( pNet loss/gain in listings this week: 28 (217, 188, 260), N; q+ u$ }& I, J8 `2 ~
Active listings for single family homes: 3694(3649, 3496, 3367)
- c L6 J7 J" s4 c3 k6 p! X7 H/ |Active listings for condos: 2692 (2669, 2608, 2541)1 e) }/ o0 M. S0 ]
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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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