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Weekly Update on the Edmonton Real Estate Market1 Y( Q( K" r8 m. V* \. F
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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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/ h# c3 B: R9 [" \New listings: 780 (574, 669, 714)5 P8 }. W* }/ n* C( t
# Sales: 284 (235, 263, 259)
# J- y, z8 l; B1 z0 S6 }5 ZRatio: 36% (41%, 39%, 36%)
6 k& N% {$ a* O! Y( l9 U( C5 }+ U* _2 q( {# Price changes: 550 (450, 465, 411)
q3 F9 P- }7 N/ j ~# Expired Listings: 408 (83, 152, 137)
! D! J `0 q2 @4 z! x! H# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)( P; E, p0 F0 M& h! W
Net loss/gain in listings this week: 28 (217, 188, 260)
% a+ [5 `6 R* DActive listings for single family homes: 3694(3649, 3496, 3367)
- o0 Q* z* e$ o: r* P$ ~Active listings for condos: 2692 (2669, 2608, 2541)* ]% W& u9 x1 \3 z2 x) ^# p
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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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