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Weekly Update on the Edmonton Real Estate Market
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0 q4 N5 P, c7 ]" S% i2 w& hWeeklyupdateHere 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:' c q* x. P, N, v$ ~$ m
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New listings: 780 (574, 669, 714)- O- a1 K, m$ _5 g& ^/ j% o) J
# Sales: 284 (235, 263, 259)
/ N% M+ g) U3 R- ]; SRatio: 36% (41%, 39%, 36%)- @: f+ U" Z5 v, e6 S! K5 m
# Price changes: 550 (450, 465, 411)* P8 v% Z& c& Q
# Expired Listings: 408 (83, 152, 137)% r, o6 Q; J7 q
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)8 N0 A( e: @% v4 o* s/ e9 u
Net loss/gain in listings this week: 28 (217, 188, 260) M$ H: b# ?& a5 l0 g
Active listings for single family homes: 3694(3649, 3496, 3367)
$ L; ]! f% X! Y3 jActive listings for condos: 2692 (2669, 2608, 2541)7 _2 g# v$ n4 z1 _) b0 D2 ]
8 U/ ]8 v( e# S: f9 `$ ~) Q% vThat'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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