Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 614 (682, 643, 589)
Sales: 548 (561, 563, 513)
Ratio: 89% (82%, 88%, 87%)
Price Changes: 238 (246, 220, 239)
Expired/Off-Market Listings: 111 (107, 95, 209)
Net loss/gain in listings this week: -45 (14, -15, -133)
Active single-family home listings: 1519 (1441, 1370, 1318)
Active condo listings: 1894 (1896, 1865, 1810)
Homes 4-week running average: $486 ($484, $486, $482)
Condos 4-week running average: $238 ($235, $226, $221)



789 Views, 2 Comments

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 682 (643, 589, 493)
Sales: 561 (563, 513, 434)
Ratio: 82% (88%, 87%, 88%)
Price Changes: 246 (220, 239, 227)
Expired/Off-Market Listings: 107 (95, 209, 110)
Net loss/gain in listings this week: 14 (-15, -133, -51)
Active single-family home listings: 1441 (1370, 1318, 1297)
Active condo listings: 1896 (1865, 1810, 1832)
Homes 4-week running average: $484 ($486, $482, $471)
Condos 4-week running average: $235 ($226, $221, $219)

655 Views, 5 Comments

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 643 (589, 493, 562)
Sales: 563 (513, 434, 509)
Ratio: 88% (87%, 88%, 91%)
Price Changes: 220 (239, 227, 243)
Expired/Off-Market Listings: 95 (209, 110, 125)
Net loss/gain in listings this week: -15 (-133, -51, -72)
Active single-family home listings: 1370 (1318, 1297, 1319)
Active condo listings: 1865 (1810, 1832, 1860)
Homes 4-week running average: $486 ($482, $471, $467)
Condos 4-week running average: $226 ($221, $219, $222)


681 Views, 3 Comments

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:

New Listings: 589 (493, 562, 490)
Sales: 513 (434, 509, 377)
Ratio: 87% (88%, 91%, 77%)
Price Changes: 239 (227, 243, 219)
Expired/Off-Market Listings: 209 (110, 125, 140)
Net loss/gain in listings this week: -133 (-51, -72, -27)
Active single-family home listings: 1318 (1297, 1319, 1293)
Active condo listings: 1810 (1832, 1860, 1807)
Homes 4-week running average: $482 ($471, $467, $459)
Condos 4-week running average: $221 ($219, $222, $225)



743 Views, 3 Comments

The real estate market is on fire in Edmonton, with record sales and prices. While we saw record sales in the Edmonton area last year, we were nowhere near as hot as other markets in Canada, and we may be playing a bit of "catch up" now with sales up 85% over last February. In Calgary and Edmonton, there is less than a month's supply of single-family homes on the market. While some of the demand is due to interest rate increases (the Bank of Canada increased its policy rate by 25 basis points this morning with more increases expected this year) there are a number of other trends we are seeing that are affecting our real estate market.

Lower New Listings

Last year, listings took off in March to well above normal levels, which would typically be a…

1239 Views, 4 Comments