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

New Listings: 719 (766, 786, 659)
Sales: 496 (555, 507, 565)
Ratio: 69% (72%, 65%, 86%)
Price Changes: 333 (336, 279, 251)
Expired/Off-Market Listings: 126 (128, 207, 194)
Net loss/gain in listings this week: 97 (83, 72, -100)
Active single-family home listings: 2034 (1854, 1725, 1622)
Active condo listings: 2035 (2012, 1949, 1878)
Homes 4-week running average: $500 ($494, $492, $487)
Condos 4-week running average: $235 ($240, $243, $243)

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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: 766 (786, 659, 614)
Sales: 555 (507, 565, 548)
Ratio: 72% (65%, 86%, 89%)
Price Changes: 336 (279, 251, 238)
Expired/Off-Market Listings: 128 (207, 194, 111)
Net loss/gain in listings this week: 83 (72, -100, -45)
Active single-family home listings: 1854 (1725, 1622, 1519)
Active condo listings: 2012 (1949, 1878, 1894)
Homes 4-week running average: $494 ($492, $487, $486)
Condos 4-week running average: $240($243, $243, $238)

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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: 786 (659, 614, 682)
Sales: 507 (565, 548, 561)
Ratio: 65% (86%, 89%, 82%)
Price Changes: 279 (251, 238, 246)
Expired/Off-Market Listings: 207 (194, 111, 107)
Net loss/gain in listings this week: 72 (-100, -45, 14)
Active single-family home listings: 1725 (1622, 1519, 1441)
Active condo listings: 1949 (1878, 1894, 1896)
Homes 4-week running average: $492 ($487, $486, $484)
Condos 4-week running average: $243 ($243, $238, $235)


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Record-setting single-family home sales might sound like old news in Edmonton right now, but this month single-family home sales set a new record in Edmonton, and condo sales took a huge jump nearly reaching the previous record set in 2007. This is not an April Fool's joke... Much of the activity in our market appears to be coming from out of Province Investors - I will update this post when the REALTORS® Association of Edmonton releases their monthly report on the real estate market next week.  Our brokerage has seen a big jump in inquiries from outside of Alberta as well as buyers interested in purchasing multiple properties. 

The benchmark price for single-family homes was up 11% over last March and jumped nearly 5% in a single month. Luckily, we…

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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: 659 (614, 682, 643)
Sales: 565 (548, 561, 563)
Ratio: 86% (89%, 82%, 88%)
Price Changes: 251 (238, 246, 220)
Expired/Off-Market Listings: 194 (111, 107, 95)
Net loss/gain in listings this week: -100 (-45, 14, -15)
Active single-family home listings: 1622 (1519, 1441, 1370)
Active condo listings: 1878 (1894, 1896, 1865)
Homes 4-week running average: $487 ($486, $484, $486)
Condos 4-week running average: $243 ($238, $235, $226)


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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: 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)



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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: 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)

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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: 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)


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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: 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)



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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…

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