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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:. f' L: H5 o \6 e, D! F# [
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New listings: 780 (574, 669, 714)
+ ?8 R; D$ k8 n7 l4 Y$ k# Sales: 284 (235, 263, 259)
% w; `2 V2 i TRatio: 36% (41%, 39%, 36%)
& g* k+ G* B8 w. V* D h$ ~( h# Price changes: 550 (450, 465, 411)' x/ X$ a) V0 r/ L% h+ s0 ]
# Expired Listings: 408 (83, 152, 137)
/ [1 Q6 Y( n, E# _# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)$ E$ ]' {+ R+ B% K
Net loss/gain in listings this week: 28 (217, 188, 260)2 H7 g3 k( A4 x' }4 n4 J6 N
Active listings for single family homes: 3694(3649, 3496, 3367)3 b5 B# l% |0 k. Q; H/ P
Active listings for condos: 2692 (2669, 2608, 2541)* k& S/ i8 ?/ F: y% H
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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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