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Weekly Update on the Edmonton Real Estate Market
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' b$ A2 T1 A% Q8 a9 X* \0 mWeeklyupdateHere 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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\, e! y, I2 _& C, LNew listings: 780 (574, 669, 714): {& K) u9 Z* v. a. t% e( c
# Sales: 284 (235, 263, 259)* _9 ?6 S% L( E5 W: N3 T
Ratio: 36% (41%, 39%, 36%)
8 _" E- C e0 @3 }# Price changes: 550 (450, 465, 411)+ Z4 ~: Y, v5 T" L; a+ P' ]
# Expired Listings: 408 (83, 152, 137)
0 m& s9 C1 H. \2 x V! g* Y) p# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
/ ]6 h) ?% e. u& b: Y6 C0 hNet loss/gain in listings this week: 28 (217, 188, 260)
5 ~+ C1 A0 \! b- I. Z3 X) zActive listings for single family homes: 3694(3649, 3496, 3367)( `& F( b5 X* g g# p1 J
Active listings for condos: 2692 (2669, 2608, 2541)- b1 W [ A" _ d& x! F' N0 R, o! }
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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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