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Weekly Update on the Edmonton Real Estate Market$ P( Q% [$ \$ c% S) K
8 `, }; W8 S! w2 ~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): U2 _* g1 [5 ^% c( ^- `, ~ m
# Sales: 284 (235, 263, 259)- L0 w D8 u* `$ r1 V9 U' {. W" m( `
Ratio: 36% (41%, 39%, 36%)
- V9 q# z- m! X- R# Price changes: 550 (450, 465, 411)8 S& o" B* ]: A
# Expired Listings: 408 (83, 152, 137)
1 O- w5 {# J' a* S; F9 ~1 q# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
! x1 F, x1 t$ C# i0 J- \Net loss/gain in listings this week: 28 (217, 188, 260)
0 f& j0 b* @1 KActive listings for single family homes: 3694(3649, 3496, 3367)
( V! g6 M: c) o; K* W4 s# u3 P& @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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