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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:
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New listings: 780 (574, 669, 714)
& g+ V# f1 Q" _7 I# _4 K+ I# Sales: 284 (235, 263, 259)) W* v c0 f4 R. o5 n. v$ K
Ratio: 36% (41%, 39%, 36%)) F4 d- ~$ m. \+ |+ H5 D8 m( _
# Price changes: 550 (450, 465, 411)" r. O2 t- p4 H* _4 I
# Expired Listings: 408 (83, 152, 137)
8 Q$ t& J6 a$ H# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
* M8 I) C3 \- DNet loss/gain in listings this week: 28 (217, 188, 260)
& z% L7 [# }4 O/ T, Z8 ?4 D; R7 i4 OActive listings for single family homes: 3694(3649, 3496, 3367)" B. K% {; @" ]' t5 v2 o
Active listings for condos: 2692 (2669, 2608, 2541)
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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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