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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:% o% |& C$ ~% k: M2 O' K; s% x' V5 K
7 K6 \# m% }: h. ~( oNew listings: 780 (574, 669, 714)9 K# I8 [" e, s$ f/ w4 u
# Sales: 284 (235, 263, 259)0 B6 i8 S$ k! }+ c3 Q5 |
Ratio: 36% (41%, 39%, 36%)
3 @# x/ v" j0 w1 Q, V8 }: z# Price changes: 550 (450, 465, 411)1 O5 h* B% G5 p6 u
# Expired Listings: 408 (83, 152, 137)
0 ~; W' o* c) C F- u# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)0 b2 O3 b% q/ {/ Y
Net loss/gain in listings this week: 28 (217, 188, 260)
8 Q! Q4 t. w! G7 F! tActive listings for single family homes: 3694(3649, 3496, 3367)
3 r/ e6 E5 c7 X4 @' M1 sActive listings for condos: 2692 (2669, 2608, 2541)
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9 n' t' q% f, A* F2 ?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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