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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:* _# V5 a- P% P' z: T) g+ j( p
4 e/ \3 o; a% Y' Y; V( h l: PNew listings: 780 (574, 669, 714)! V' E% V0 C' x' }9 U% u/ \$ y& Z6 d
# Sales: 284 (235, 263, 259)3 f" p/ s/ A: b9 x
Ratio: 36% (41%, 39%, 36%)2 R& h7 t. Q8 |) {7 b9 J
# Price changes: 550 (450, 465, 411)
q" @. N c) o" O# Expired Listings: 408 (83, 152, 137)6 f! b, N9 w8 z& x* D% {
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
8 n( [% U _8 w- H) |! TNet loss/gain in listings this week: 28 (217, 188, 260)3 m. i' E! {$ {2 v8 B: M i
Active listings for single family homes: 3694(3649, 3496, 3367)
/ N) m4 r$ Z4 T, Y9 I+ IActive listings for condos: 2692 (2669, 2608, 2541)
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6 E. G9 F3 b8 U) P, k RThat'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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