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Weekly Update on the Edmonton Real Estate Market2 z6 u {; j$ T$ I& I4 v5 W
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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; p3 I0 e1 I& o! z
6 G+ |! g: U8 _" s; c/ V1 u/ xNew listings: 780 (574, 669, 714)- S" v8 C8 ^6 h
# Sales: 284 (235, 263, 259). d. f! O6 U5 `3 K& |% B' Y3 Y) }
Ratio: 36% (41%, 39%, 36%)6 s, `$ H2 w+ p2 x+ u8 J: T& B/ G* |/ M
# Price changes: 550 (450, 465, 411)
" E$ \$ z0 _1 I8 j. g3 G: m# Expired Listings: 408 (83, 152, 137)
# _4 K! L- f4 d. _4 S3 [& B: I7 i# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)2 u; D8 E5 K9 p9 c$ Y) D9 }* ] }9 D
Net loss/gain in listings this week: 28 (217, 188, 260)
+ N& U3 i8 q- a& f2 iActive listings for single family homes: 3694(3649, 3496, 3367)( j/ L2 q1 M' Q6 W. o
Active listings for condos: 2692 (2669, 2608, 2541)
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. d6 X. \' ?3 O% J- C4 U: q3 NThat'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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