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Weekly Update on the Edmonton Real Estate Market* B; ~1 D$ ^' I! Y: v$ b+ ?5 _
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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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New listings: 780 (574, 669, 714) s$ w. Q; S1 L/ b5 n1 z
# Sales: 284 (235, 263, 259)+ D+ E: o0 G# I3 [7 W
Ratio: 36% (41%, 39%, 36%)
% f( ]& z( l& \9 |: R# Price changes: 550 (450, 465, 411)* i( F3 i4 [ x6 W' P
# Expired Listings: 408 (83, 152, 137)
3 g+ ~7 J; m" F$ ^3 ~: x# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
* l. ?; |' S5 A2 c6 ]+ rNet loss/gain in listings this week: 28 (217, 188, 260)
* X3 O' X! G; n5 e" @ d2 j( OActive listings for single family homes: 3694(3649, 3496, 3367)
# X/ \2 j8 i4 ]% S& J) ZActive listings for condos: 2692 (2669, 2608, 2541)& L) f% V$ s9 }" g& `
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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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