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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:( I+ W# z1 I- R0 h% D2 }+ A2 P
. |7 P" h6 L( d$ L) g+ sNew listings: 780 (574, 669, 714)
& v) ~3 y5 m8 J! ~3 z# Sales: 284 (235, 263, 259)
8 z1 e, [; A2 p8 `; JRatio: 36% (41%, 39%, 36%)
: [# j* r' n6 R' p9 L; Q# Price changes: 550 (450, 465, 411)8 a% y$ |' ?7 X( L9 T
# Expired Listings: 408 (83, 152, 137): b- D2 V2 B' G
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
- H& p* W) {, pNet loss/gain in listings this week: 28 (217, 188, 260)/ ]9 B3 {0 M$ g8 ~5 g
Active listings for single family homes: 3694(3649, 3496, 3367)( ]% `# w# ~ M- M! q
Active listings for condos: 2692 (2669, 2608, 2541)/ ]0 @% ^" m! W" u L: i2 g
, K. f8 ~$ C0 z' ]* X7 y- H$ j: G8 @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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