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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:, [; b( h! ?5 N5 F
- c9 J% [5 I+ Z: Q6 \# Z1 n2 CNew listings: 780 (574, 669, 714)
8 x' ^0 V5 O- K5 S# Sales: 284 (235, 263, 259). [0 g, W5 g0 i- t
Ratio: 36% (41%, 39%, 36%)4 T& z0 i5 m/ m
# Price changes: 550 (450, 465, 411)
a) e+ R7 r1 r) w) S/ u3 d# Expired Listings: 408 (83, 152, 137)
" X$ y" a1 \* @. w. W# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)2 S# T' g8 y+ d) Z( [
Net loss/gain in listings this week: 28 (217, 188, 260)
7 s* C" e7 Q9 v* Q# f( J+ a* oActive listings for single family homes: 3694(3649, 3496, 3367)" a9 ]# Q" s& @+ Y* q, q7 }
Active listings for condos: 2692 (2669, 2608, 2541)
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7 e/ Y* n$ }* q% ~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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