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Weekly Update on the Edmonton Real Estate Market* m/ _; |* q5 C; {
. i4 i. X1 a5 z. _* U; c1 ~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)7 v1 H* G: ?# l6 a+ G/ m( [. ?
# Sales: 284 (235, 263, 259): {4 W4 y) z- I9 j3 r* G
Ratio: 36% (41%, 39%, 36%)+ [& x1 a% ? d
# Price changes: 550 (450, 465, 411)
5 Z6 ~* z' v5 z" P/ h$ X# Expired Listings: 408 (83, 152, 137): ^% a+ v) y7 ~* y% O7 }' C
# Canceled, withdrawn and terminated listings: 60 (39, 66, 58)# ~# f( ?9 d3 C
Net loss/gain in listings this week: 28 (217, 188, 260)
Z7 n i g1 o* t {) Y. CActive listings for single family homes: 3694(3649, 3496, 3367)
. s- k) P" y, M# R- mActive listings for condos: 2692 (2669, 2608, 2541)
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% x/ N" g8 w6 d! tThat'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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