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Weekly Update on the Edmonton Real Estate Market4 ^9 m) x1 [# J2 Z
1 n" E( {7 q( s J( rWeeklyupdateHere 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); I5 A$ q D$ s0 D
# Sales: 284 (235, 263, 259)1 z8 ?7 y& N! D1 E0 H
Ratio: 36% (41%, 39%, 36%)
! n- S7 N6 D% k& e6 I3 K' q/ ]# Price changes: 550 (450, 465, 411)
% @: y4 g& D. |. a1 g1 n# Expired Listings: 408 (83, 152, 137)4 R4 X6 y" R( ~8 F8 W% o+ C9 c3 z
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
5 z! n* K5 L7 n( V5 R. pNet loss/gain in listings this week: 28 (217, 188, 260)3 h5 m" T+ f1 r2 S7 ?4 v
Active listings for single family homes: 3694(3649, 3496, 3367)" y& h1 X. e! l5 S
Active listings for condos: 2692 (2669, 2608, 2541)+ n v) o5 V* I$ J+ ?
9 b/ V' u5 R# d+ H% i* JThat'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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