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Weekly Update on the Edmonton Real Estate Market1 i8 s/ I) [' S% D; ?
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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:
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New listings: 780 (574, 669, 714)2 j+ e: o1 u" h: S1 G% Q2 W
# Sales: 284 (235, 263, 259)/ n5 a6 r6 a9 U! ]' r! C5 w6 |) f2 _
Ratio: 36% (41%, 39%, 36%), [3 t" I5 v: v0 j9 u+ u% B
# Price changes: 550 (450, 465, 411)
+ ]* S/ W# ]4 {0 P# Expired Listings: 408 (83, 152, 137)
& G# c" x; v9 ]# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
( x: ?' _( S. u4 y+ S! JNet loss/gain in listings this week: 28 (217, 188, 260)' r: g2 U+ B# y' q3 n' {
Active listings for single family homes: 3694(3649, 3496, 3367)
2 l# `+ m! l( |Active listings for condos: 2692 (2669, 2608, 2541)
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, [1 K( M3 b; F" w0 p, @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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