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

New Listings: 229 (345, 358, 426)
Sales: 244 (256, 313, 295)
Ratio: 107% (74%, 87%, 69%)
Price Changes: 211 (219, 284, 274)
Expired/Off-Market Listings: 227 (425, 206, 276)
Net loss/gain in listings this week: -242 (-336, -161, -145)
Active single-family home listings: 2288 (2464, 2664, 2707)
Active condo listings: 1516 (1601, 1684, 1710)
Homes 4-week running average: $513 ($528, $524, $530)
Condos 4-week running average: $239 ($239, $237, $239)

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

New Listings: 345 (358, 426, 382)
Sales: 256 (313, 295, 331)
Ratio: 74% (87%, 69%, 87%)
Price Changes: 219 (284, 274, 296)
Expired/Off-Market Listings: 425 (206, 276, 248)
Net loss/gain in listings this week: -336 (-161, -145, -197)
Active single-family home listings: 2464 (2664, 2707, 2752)
Active condo listings: 1601 (1684, 1710, 1742)
Homes 4-week running average: $528 ($524, $530, $535)
Condos 4-week running average: $239 ($237, $239, $236)

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The Greater Edmonton real estate market continued to follow its normal seasonal trend in November, with sales easing as expected. Even so, activity remained solid by historical standards. Sales declined 16% compared to last November, reflecting both typical seasonal cooling and the gradual moderation we have been tracking this fall.

Price growth, however, remains intact. The benchmark price for single-family homes rose 7.5% year-over-year to $508,000. Apartment-style condominiums increased 1% to $196,700, while townhouses saw a 1% gain to $272,400. With 3.6 months of supply, the region is still technically in seller’s market territory, though conditions are the closest to balanced that we’ve seen in more than two and a half years.

The underlying…

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