Demand for residential real estate was up 13% on a year over year basis in September in the greater Edmonton area, but the number of new listings also increased and just barely pushed us back into a buyer's market with 6.14 months of supply, after spending the past 5 months in a balanced market. Here's our snapshot of the Great Edmonton Area real estate market in September:         I've added a few new charts to our monthly report including this supply and demand comparison, followed by a look at the absorption rate in two ways. As you can see, the story for the past few years has been one excess supply, with demand trending slightly downwards: The absorption rate is still lower than the past two years and is following the normal upward…

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 471 (478, 562, 567) # Sales: 235 (256, 237, 212) Ratio: 50%, (54%, 42%, 37%) # Price Changes: 452 (437, 442, 403) Expired/Off-Market Listings: 222 (227, 263, 547) Net loss/gain in listings this week: 14 (-5, 62, -192, -14, 28, -9) Active single-family home listings: 4277 (4258, 4222, 4164) Active condo listings: 2323 (2332, 2341, 2322) Homes 4-week running average: $420k ($428k, $430k, $433k) Condos 4-week running average: $217k ($220k, $228k, $231k) Have a great weekend!

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 478 (562, 567, 455) # Sales: 256 (237, 12, 239) Ratio: 54% (42%, 37%, 53%) # Price Changes: 437 (442, 403, 427) Expired/Off-Market Listings: 227 (263, 547, 230) Net loss/gain in listings this week: -5 (62,  -192, -14, 28) Active single-family home listings: (4222, 4164, 4251) Active condo listings: (2341, 2322, 2415) Homes 4-week running average: $428k ($430k, $433k, $437k) Condos 4-week running average: $220k ($228k, $231k, $232k) Have a great weekend!

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 562 (567, 455, 618) # Sales: 237 (212, 239, 269) Ratio: 42% (37%, 53%, 44%) # Price Changes: 442 (403, 427, 459) Expired/Off-Market Listings: 263 (547, 230, 321) Net loss/gain in listings this week: 62 (-192, -14, 28, -9) Active single-family home listings: 4222 (4164, 4251, 4278) Active condo listings: 2341 (2322, 2415, 2411) Homes 4-week running average: $430k ($433k, $437k, $435k) Condos 4-week running average: $228k ($231k, $232k, $226k) Have a great weekend!

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Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 567 (455, 618, 549) # Sales: 212 (239, 269, 276) Ratio: 37% (53%, 44%, 50%) # Price Changes: 403 (427, 459, 441) Expired/Off-Market Listings: 547 (230, 321, 282) Net loss/gain in listings this week: -192 (-14, 28, -9, , -171) Active single-family home listings: 4164 (4251, 4278, 4202) Active condo listings: 2322 (2415, 2411, 2425) Homes 4-week running average: $433k ($437k, $435k, $431k) Condos 4-week running average: $231k ($232k, $226k, $225k) Have a great weekend!

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