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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:
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9 U1 E" a( } d* E5 CNew listings: 780 (574, 669, 714)
/ S0 d7 ^7 e/ S3 I# Sales: 284 (235, 263, 259)9 A' G V: j. X+ P" T7 E$ U
Ratio: 36% (41%, 39%, 36%), `1 S! v- b3 N8 _! y0 O
# Price changes: 550 (450, 465, 411)8 m" P/ l* H- T( R+ X% U0 U
# Expired Listings: 408 (83, 152, 137)' P9 N s) F- d+ J- s4 O
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
* Q# V; i' V+ |) R1 S4 MNet loss/gain in listings this week: 28 (217, 188, 260)% \. ~' P+ E5 P: ]7 p5 n2 I
Active listings for single family homes: 3694(3649, 3496, 3367)
* G' A& f1 S2 E) e. wActive 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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