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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:
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New listings: 780 (574, 669, 714)
4 v. Q8 @9 }( A; J8 u5 t6 d, C, f# Sales: 284 (235, 263, 259)5 V- N; E: G9 `3 l# Q+ C
Ratio: 36% (41%, 39%, 36%)
; ^" K2 n8 ~2 ~) N' [8 U; g# n# Price changes: 550 (450, 465, 411)
! U$ B) _ \8 L7 r* i0 c2 U# Expired Listings: 408 (83, 152, 137)2 b& R. o5 n% C! m- F1 q
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58) h$ s+ a" m& C
Net loss/gain in listings this week: 28 (217, 188, 260)
1 X0 p8 w- a' `' q9 u" C! FActive listings for single family homes: 3694(3649, 3496, 3367)" }/ Q* Y9 Z8 _9 Q& t# f
Active listings for condos: 2692 (2669, 2608, 2541)) b. P Y- p8 m
+ e7 p4 h$ [' J+ m9 OThat'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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