Weekly Real Estate Market Update, Dec. 27/19
Posted by Liv Real Estate on
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 123 (243, 300, 328)
# Sales: 105 (149, 185, 144)
Ratio: 85% (61%, 62%, 44%)
# Price Changes:Â 71 (153, 208, 231)
Expired/Off-Market Listings: 171 (260, 250, 470)
Net loss/gain in listings this week: -153 (-166, -135, -286)
Active single-family home listings: 3120 (3209, 3309, 3398)
Active condo listings: 1795 (1831, 1865, 1882)
Homes 4-week running average: $412k ($412k, $413k, $416k)
Condos 4-week running average: $226k ($221k, $219k, $228k)
Happy Holidays:)Â
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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: 243 (300, 328, 308)
# Sales: 149 (185, 144, 205)
Ratio: 61% (62%, 44%, 67%)
# Price Changes:Â 153 (208, 231, 276)
Expired/Off-Market Listings: 260 (250, 70, 188)
Net loss/gain in listings this week: -166 (-135, -286, -85)
Active single-family home listings: 3209 (3309, 3398, 3578)
Active condo listings: 1831 (1865, 1882, 1975)
Homes 4-week running average: $412k ($413k, $416k, $414k)
Condos 4-week running average: $221k ($219k, $228k, $223k)
Have a great weekend!
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 300 (328, 308, 291)
# Sales: 185 (144, 205, 195)
Ratio: 62% (44%, 67%, 67%)
# Price Changes:Â 208 (231, 276, 302)
Expired/Off-Market Listings: 250 (70, 188, 253)
Net loss/gain in listings this week: -135 (-286, -85, -157)
Active single-family home listings: 3309 (3398, 3578, 3610)
Active condo listings: 1865 (1882, 1975, 1999)
Homes 4-week running average: $413k ($416k, $414k, $413k)
Condos 4-week running average: $219k ($228k, $223k, $222k)
Have a great weekend!
There was an interesting article published in the Edmonton Journal this week, discussing the rather rosy results of a report from the Real Estate Intelligence Network (REIN).
“It’s in recovery — a slow recovery — that’s based on current and future GDP growth,” says Jennifer Hunt, vice-president of research at Real Estate Intelligence Network Ltd. “At REIN we are always looking at the health of the economy, jobs and migration.”
All are connected, she adds. Economic growth creates jobs, which boosts migration. In turn, more people coming to the city for jobs will create more demand for housing — first rental units and then homes for ownership.
The Real GDP for the City of Edmonton is up 0.5% from last year and is forecast to grow at about 1.4% next…
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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: 322 (406, 367, 402)
# Sales: 195 (197, 209, 222)
Ratio: 61% (49%, 57%, 55%)
# Price Changes:Â 303 (365, 385, 399)
Expired/Off-Market Listings: 199 (481, 544, 210)
Net loss/gain in listings this week: -72 (-272, -386, -30)
Active single-family home listings: 3713 (3751, 3769, 3992)
Active condo listings: 2025 (2033, 2015, 2149)
Homes 4-week running average: $412k ($415k, $414k, $413k)
Condos 4-week running average: $223k ($216k, $226k, $224k)
Have a great weekend!