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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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* B8 G( f) A( C8 ^6 P+ [& LNew listings: 780 (574, 669, 714)4 I n: I" s {+ |2 x
# Sales: 284 (235, 263, 259)
" T' N( |& Z3 g# RRatio: 36% (41%, 39%, 36%)
* r3 e- q- a& |0 \. E5 H# Price changes: 550 (450, 465, 411)# T3 Y8 w F$ D% H& L3 r& W
# Expired Listings: 408 (83, 152, 137)
" S W( O3 ]$ t, R# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)8 P3 |7 q; T; B5 Q/ ] M5 k! h
Net loss/gain in listings this week: 28 (217, 188, 260)
. a `( Y: p, o! J0 JActive listings for single family homes: 3694(3649, 3496, 3367) d+ B4 o5 Z: Z$ ~# a7 w
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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