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Weekly Update on the Edmonton Real Estate Market$ h) ?2 b# G& m9 D
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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:9 V6 k% ], \# I( e- d9 I
' E- S/ W p: l. uNew listings: 780 (574, 669, 714)
$ @% i, ]: g: R3 {* x# Sales: 284 (235, 263, 259)( J: K0 E* [4 _ f: d
Ratio: 36% (41%, 39%, 36%)/ ~! z3 o: Z; X9 \
# Price changes: 550 (450, 465, 411). q6 u7 N. I: ]& i" ^
# Expired Listings: 408 (83, 152, 137), k1 ?! z) P+ v6 T) j u
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)! m+ ~5 Z/ ^* U$ G2 ?
Net loss/gain in listings this week: 28 (217, 188, 260)! c2 O: G2 s b
Active listings for single family homes: 3694(3649, 3496, 3367)- r' n5 V v1 T5 j( n( k
Active listings for condos: 2692 (2669, 2608, 2541)9 T0 ~8 `+ R& ?' Q% ]
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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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