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Weekly Update on the Edmonton Real Estate Market
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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:# W) @7 L% H9 z; M% G9 U1 i, j- ]
; l' K) b$ V/ p0 O4 M* cNew listings: 780 (574, 669, 714)
6 |# M0 ~+ I8 p( x$ T# Sales: 284 (235, 263, 259)3 c2 n7 s! e0 L3 J: C. h1 t
Ratio: 36% (41%, 39%, 36%)4 H% n9 ^8 j8 [) S; f; y
# Price changes: 550 (450, 465, 411)
# q4 `# R4 d5 Y) S; ~5 O# Expired Listings: 408 (83, 152, 137)
. w; t- \$ |: _4 h# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
z2 e+ N( y( d& B7 uNet loss/gain in listings this week: 28 (217, 188, 260), \; w/ K, h- q$ N3 A; v8 G2 [" h
Active listings for single family homes: 3694(3649, 3496, 3367)
5 V+ x ]+ `; p$ v M( k6 K: }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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