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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:% \7 p: _2 S" h+ q6 N
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New listings: 780 (574, 669, 714)
+ h1 p9 N* m5 |/ G: m; o6 [ ~% |# Sales: 284 (235, 263, 259)4 W* v" ^, Y; N4 R' ?, r
Ratio: 36% (41%, 39%, 36%)
1 }4 X% x& M+ m) _# Price changes: 550 (450, 465, 411)+ o' K: J t7 a
# Expired Listings: 408 (83, 152, 137)& E- L; T/ F. Y6 j* x
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)
* W' ?4 ~2 q9 r% e: U8 Q$ GNet loss/gain in listings this week: 28 (217, 188, 260)
, u" }, k) D0 i( Q! Z* rActive listings for single family homes: 3694(3649, 3496, 3367)
+ {1 G) t' Y! N* E6 l3 HActive listings for condos: 2692 (2669, 2608, 2541)
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. `; `' c) L3 a- r) b6 pThat'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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