Weekly Real Estate Market Update, Nov. 15/19

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:  303 (365, 385, 399) Expired/Off-Market Listings: 199 (481, 544, 210) Net loss/gain in listings […]

Weekly Real Estate Market Update, Nov. 8/19

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 406 (367, 402, 337) # Sales: 197 (209, 222, 192) Ratio: 49% (57%, 55%, 57%) # Price Changes:  365 (385, 399, 322) Expired/Off-Market Listings: 481 (544, 210, 243) Net loss/gain in listings […]

Monthly Market Update – October, 2019 – UPDATED

Demand for real estate was up 16% from last October in the Greater Edmonton area last month – 1334 residential listings were reported sold in October – while supply dropped by 5%. If demand continues to increase, and supply continues to decrease on a year over year basis, we should see prices start to rise […]

Weekly Real Estate Market Update, Nov. 1/19

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 367 (402, 337, 487) # Sales: 209 (222, 192, 234) Ratio: 57% (55%, 57%, 48%) # Price Changes: 385 (399, 322, 390) Expired/Off-Market Listings: 544 (210, 243, 257) Net loss/gain in listings […]

Weekly Real Estate Market Update, Oct. 25/19

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 402 (337, 487, 473) # Sales: 222 (192, 234, 226) Ratio: 55% (57%, 48%, 48%) # Price Changes: 399 (322, 390, 427) Expired/Off-Market Listings: 210 (243, 257, 624) Net loss/gain in listings […]

Weekly Market Update, October 18/19

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 337 (487, 473, 471) # Sales: 192 (234, 226, 235) Ratio: 57% (48%, 48%, 50%) # Price Changes: 322 (390, 427, 452) Expired/Off-Market Listings: 243 (257, 624, 222) Net loss/gain in listings […]

Weekly Market Update, October 11/19

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 487 (473, 471, 478) # Sales: 234 (226, 235, 256) Ratio: 48% (48%, 50%, 54%) # Price Changes: 390 (427, 452, 437) Expired/Off-Market Listings: 257 (624, 222, 227) Net loss/gain in listings […]

Weekly Market Update, October 4/19

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 473 (471, 478, 562) # Sales: 226 (235, 256, 237) Ratio: 48% (50%, 54%, 42%) # Price Changes: 427 (452, 437, 442) Expired/Off-Market Listings: 624 (222, 227, 263) Net loss/gain in listings […]

September Real Estate Market Report – UPDATED

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 […]

Weekly Market Update, September 27/19

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 […]

Weekly Market Update, September 20/19

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 […]

Weekly Market Update, September 13/19

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 […]

Weekly Market Update, September 6/19

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 […]

Average Edmonton Home Price Rises – First Time Since Stress Test Introduced (UPDATED)

I’ve been wondering what this month’s stats were going to look like, ever since we saw the absorption rate fall below the rates we’ve seen for the past three years last month, and Robert Hogue, senior economist with RBC Economics declared the housing correction of the last 18 months is over. (I will update this […]

Weekly Market Update, August 30/19

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 455 (618, 549, 497) # Sales: 239 (269, 276, 295) Ratio: 53% (44%, 50%, 88%) # Price Changes: 427 (459, 441, 383) Expired/Off-Market Listings: 230 (321, 282, 232) Net loss/gain in listings […]

Weekly Market Update, August 23/19

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 618 (549, 497, 488) # Sales: 269 (276, 295, 302) Ratio: 44% (50%, 88%, 62%) # Price Changes: 459 (441, 383, 420) Expired/Off-Market Listings: 321 (282, 232, 465) Net loss/gain in listings […]

Weekly Market Update, August 16/19

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 549 (497, 488, 495) # Sales: 276 (295, 302, 283) Ratio: 50% (88%, 62%, 57%) # Price Changes: 441 (383, 420, 471) Expired/Off-Market Listings: 282 (232, 465, 190) Net loss/gain in listings […]

Weekly Market Update, August 9/19

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 497 (488, 495, 530) # Sales: 436 (302, 283, 319) Ratio: 88% (62%, 57%, 60%) # Price Changes: 383 (420, 471, 500) Expired/Off Market Listings: 232 (465, 190, 219) Net loss/gain in […]

Real Estate Market Picks Up in Edmonton in July – UPDATED

The real estate market was busier than I expected in July in Edmonton. Nearly every one of our agents reported being in multiple offer situations on more than one occasion in the month of July. There are a number of stats that suggest the bottom of the current market cycle was a couple of months […]

Weekly Market Update, August 2/19

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 488 (495, 530, 586) # Sales: 302 (283, 319, 329) Ratio: 62% (57%, 60%, 56%) # Price Changes: 420 (471, 500, 497) Expired/Off Market Listings: 465 (190, 219, 239) Net loss/gain in […]