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Edmonton real estate market - Home Prices Drop in July : Y4 }: [$ m6 Q/ x* m5 T6 P
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Information was from the follow link: , `0 X8 ~% B2 v/ \# a
http://edmontonrealestateblog.com/2010/07/edmonton-real-estate-market-weekly-update-july-30-2010.html
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! L2 a9 ^- U+ y- t% ]Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:" z1 v+ A2 i G
8 X- O% T/ c( `% N8 s& NNew listings: 456 (492, 455, 529)1 w* O- }6 s( J% f
# Sales: 198 (276, 228, 218); e8 r* c8 S/ Y
Ratio: 43% (56%, 50%, 41%). p" g j) {! W' e& L2 p) X' b
# Price changes: 341 (390, 363, 369)% o w1 Y+ u s6 c
# Expired/Off Market Listings: 174 (221, 226, 204)
8 h$ e0 n- O+ E" |$ ^* GNet loss/gain in listings this week: 84 (-5, 1, 107)) }4 H: ]2 E4 a5 t
Active listings for single family homes: 3454 (3395, 3374, 3329)
+ w: V7 ^9 ^: uActive listings for condos: 2253 (2232, 2209, 2217): I2 Q- b7 m$ v
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Inventory, especially of single family homes, is still on the rise. We thought inventory would have peaked by now, and even though the pace has slowed it is still increasing.
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The REALTORS® Association of Edmonton is reporting 1323 sales so far this month, and with only two days left it looks to be another low for monthly sales for at least 6 years. The average residential sale price sits at $329k (down $1k from last week and $6k from last month), single family homes at $370k (down $1k from last week and $17k from last month – probably one of the biggest drops in a single month we’ve seen) and condos at $244k (down $1k from last week and $4k from last month). |
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