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

New Listings: 412 (519, 433, 576)
Sales: 271 (273, 242, 245)
Ratio: 66% (53%, 56%, 43%)
Price Changes: 467 (449, 416, 482)
Expired/Off-Market Listings: 266 (325, 295, 630)
Net loss/gain in listings this week: -125 (-79, -104, -299)
Active single-family home listings: 3413 (3469, 3477, 3520)
Active condo listings: 2080 (2119, 2121, 2147)
Homes 4-week running average: $456 ($458, $460, $459)
Condos 4-week running average: $209 ($209, $213, $209)

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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: 519 (433, 576, 514)
Sales: 273 (242, 245, 278)
Ratio: 53% (56%, 43%, 54%)
Price Changes: 449 (416, 482, 479)
Expired/Off-Market Listings: 325 (295, 630, 287)
Net loss/gain in listings this week: -79 (-104, -299, -51)
Active single-family home listings: 3469 (3477, 3520, 3693)
Active condo listings: 2119 (2121, 2147, 2287)
Homes 4-week running average: $458 ($460, $459, $457)
Condos 4-week running average: $ 209 ($213, $209, $215)

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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: 433 (576, 514, 563)
Sales: 242 (245, 278, 287)
Ratio: 56% (43%, 54%, 51%)
Price Changes: 416 (482, 479, 513)
Expired/Off-Market Listings: 295 (630, 287, 334)
Net loss/gain in listings this week: -104 (-299, -51, -58)
Active single-family home listings: 3477 (3520, 3693, 3708)
Active condo listings: 2121 (2147, 2287, 2285)
Homes 4-week running average: $460 ($459, $457, $461)
Condos 4-week running average: $213 ($209, $215, $214)

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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: 576 (514, 563, 633)
Sales: 245 (278, 287, 317)
Ratio: 43% (54%, 51%, 50%)
Price Changes: 482 (479, 513, 559)
Expired/Off-Market Listings: 630 (287, 334, 344)
Net loss/gain in listings this week: -299 (-51, -58, -28)
Active single-family home listings: 3520 (3693, 3708, 3668)
Active condo listings: 2147 (2287, 2285, 2284)
Homes 4-week running average: $459 ($457, $461, $468)
Condos 4-week running average: $209 ($215, $214, $215)

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According to a report released earlier this week, Alberta saw the largest net gain in population in the second quarter of 2022 since 2014, and it was the fourth quarter in a row with positive net migration. The majority of newcomers came from Ontario - over 6,200 more people moved to Alberta from Ontario than the other way around in the second quarter. Many of our clients moving from Ontario said housing costs were a big part of their decision to move to Alberta this year, some could work remotely, but most were excited about new opportunities in Alberta. 

Demand for more affordably priced homes was up in Edmonton and Calgary. Liv Real Estate agent Nathan Mol pointed out in the Edmonton Journal: 

"The local market is short on supply for affordably…

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