Weekly Market Update, Oct. 27/17
Posted by Liv Real Estate onHere is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 418 (442, 399, 536) # Sales: 250 (254, 241, 246) Ratio: 60% (57%, 60%, 46%) # Price Changes: 381 (429, 382, 469) # Expired/Off Market Listings: 231 (256, 234, 624) Net loss/gain in listings this week: -63 (-68, -76, -334) Active single family home listings: 3537 (3562, 3602, 3617) Active condo listings: 2654 (2662, 2678, 2711) Homes 4-week running average: $426k ($424k, $423k, $421k) Condos 4-week running average: $250k ($249k, $250k, $250k) Well, after a brief period of optimism, CHMC stepped up to the plate and took some wind out of our sails (or should I say "sales?") yesterday. There are growing concerns about…
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