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Weekly Update on the Edmonton Real Estate Market
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* |: h) J, `% mWeeklyupdateHere 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:9 D* j) B7 ^+ |" ~3 c5 C
; j0 V# ?9 O8 gNew listings: 780 (574, 669, 714)/ c {8 t; R: S* y' o. Q/ m3 B
# Sales: 284 (235, 263, 259)" ?$ A" p9 S5 l5 q
Ratio: 36% (41%, 39%, 36%)
' s) U/ f2 |/ a# m/ Q0 ]) ^% o# Price changes: 550 (450, 465, 411) z5 R; F# w" z5 Z0 p; _
# Expired Listings: 408 (83, 152, 137)4 }& f5 K7 w% s! M0 j
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)/ Y$ J- H8 _; J: c4 y: ~; b
Net loss/gain in listings this week: 28 (217, 188, 260)6 n% v. s; ^9 w$ f7 E, i
Active listings for single family homes: 3694(3649, 3496, 3367)' `4 H4 o* X8 t& U' |! W4 l
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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