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Weekly Update on the Edmonton Real Estate Market1 r! H- b# W$ W0 L3 `/ l
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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:% z+ g2 y1 L* b9 I/ k {$ B) s
, W1 ~! g; s& {# CNew listings: 780 (574, 669, 714): Z& s! x6 S0 V% G6 C
# Sales: 284 (235, 263, 259)/ @2 }$ d1 d; g* R6 r& G
Ratio: 36% (41%, 39%, 36%)
' O' l8 g( E$ O# Price changes: 550 (450, 465, 411)
$ s) A, i# N$ Z# Expired Listings: 408 (83, 152, 137)
, Q- z7 K* k3 j; i0 r5 \# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)/ R" T4 h2 z( R5 v5 M
Net loss/gain in listings this week: 28 (217, 188, 260)3 [( {$ K7 W- u' S: F$ O
Active listings for single family homes: 3694(3649, 3496, 3367)% A7 C) n2 z/ c9 C: G
Active listings for condos: 2692 (2669, 2608, 2541); B1 @% L* v. y( M
" n1 B j- J; U. B$ WThat'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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