Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 667 (705, 691, 632) # Sales: 324 (310, 337, 312) Ratio: 49% (44%, 49%, 49%) # Price Changes: 445 (422, 423, 369) # Expired/Off Market Listings: 183 (153, 336, 159) Net loss/gain in listings this week: 160 (242, 18, 161) Active single family home listings: 3,231 (3,172, 3,065, 3084) Active condo listings: 2839 (2,745, 2,624, 2,592) Homes 4-week running average: $437k ($442k, $443k, $436k) Condos 4-week running average: $251k ($248k, $248k, $256k) Have a great weekend!

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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: 705 (691, 632, 511) # Sales: 310 (337, 312, 263) Ratio: 44% (49%, 49%, 51%) # Price Changes: 422 (423, 369, 288) # Expired/Off Market Listings: 153 (336, 159, 165) Net loss/gain in listings this week: 242 (18, 161, 83) Active single family home listings: 3,172 (3,065, 3084, 2,992) Active condo listings: 2,745 (2,624, 2,592, 2,520) Homes 4-week running average: $442k ($443k, $436k, $436k) Condos 4-week running average: $248k ($248k, $256k, $251k) We're certainly seeing a "healthy" number of new listings for this time of year, sales are roughly in line with last year. Have a great weekend!

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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: 691 (632, 511, 650) # Sales: 337 (312, 263, 313) Ratio: 49% (49%, 51%, 48%) # Price Changes: 423 (369, 288, 306) # Expired/Off Market Listings: 336 (159, 165, 147) Net loss/gain in listings this week: 18 (161, 83, 190) Active single family home listings: 3,065 (3084, 2,992, 2,958) Active condo listings: 2,624 (2,592, 2,520, 2,494) Homes 4-week running average: $443k ($436k, $436k, $433k) Condos 4-week running average: $248k ($256k, $251k, $246k) Have a great weekend!

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The REALTORS® Association of Edmonton has released their monthly report on the real estate market saying:

“Average monthly prices across all categories have increased,” says James Mabey, REALTORS® Association of Edmonton Chair. “Despite slightly slower April sales, the spring buying season is off to a solid start.”

I had a different interpretation of the numbers when I first published the numbers on Monday: "Whatever improvements we were seeing in the market for the past few months seem to have come to a screeching halt in April. After a few months of year over year increases in sales, sales of both condos and single family homes dropped in April." I'll let you decide which opinion you think is more realistic. Here's our snapshot on the real estate…

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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: 632 (511, 650, 628) # Sales: 312 (263, 313, 243) Ratio: 49% (51%, 48%, 39%) # Price Changes: 369 (288, 306, 361) # Expired/Off Market Listings: 159 (165, 147, 297) Net loss/gain in listings this week: 161 (83, 190, 88) Active single family home listings: 3084 (2,992, 2,958, 2,848) Active condo listings: 2,592 (2,520, 2,494, 2,411) Homes 4-week running average: $436k ($436k, $433k, $430k, $440k) Condos 4-week running average: $256k ($251k, $246k, $239k) Monthly report coming on Monday! Have a great weekend!

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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: 511 (650, 628, 503) # Sales: 263 (313, 243, 231) Ratio: 51% (48%, 39%, 46%) # Price Changes: 288 (306, 361, 329) # Expired/Off Market Listings: 165 (147, 297, 132) Net loss/gain in listings this week: 83 (190, 88, 140) Active single family home listings: 2,992 (2,958, 2,848, 2,781) Active condo listings: 2,520 (2,494, 2,411, 2,369) Homes 4-week running average: $436k ($433k, $430k, $440k) Condos 4-week running average: $256k ($251k, $246k, $239k) Interesting news out of Ontario this week, let's just hope none of that makes its way west. Let's Go Oilers!!!!!

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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: 650 (628, 503, 565) # Sales: 313 (243, 231, 276) Ratio: 48% (39%, 46%, 49%) # Price Changes: 306 (361, 329, 326) # Expired/Off Market Listings: 147 (297, 132, 126) Net loss/gain in listings this week: 190 (88, 140, 163) Active single family home listings: 2,958 (2,848, 2,781, 2,736) Active condo listings: 2,494 (2,411, 2,369, 2,305) Homes 4-week running average: $433k ($430k, $440k, $438k) Condos 4-week running average: $251k ($246k, $239k, $235k) Lots of activity this week. It doesn't look much like spring outside at the moment, but the market is finally starting to look like a spring market. This is the first time, in a…

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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: 628 (503, 565, 535) # Sales: 243 (231, 276, 264) Ratio: 39% (46%, 49%, 49%) # Price Changes: 361 (329, 326, 262) # Expired/Off Market Listings: 297 (132, 126, 142) Net loss/gain in listings this week: 88 (140, 163, 129) Active single family home listings: 2,848 (2,781, 2,736, 2,670) Active condo listings: 2,411 (2,369, 2,305, 2,217) Homes 4-week running average: $430k ($440k, $438k, $437k) Condos 4-week running average: $246k ($239k, $235k, $234k) With the market conditions better than last year (even if it's just slightly better) I'm surprised we're still seeing more price reductions than sales. However, when you have a…

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The REALTORS® Association of Edmonton released their monthly report on the real estate market in Edmonton this week, saying:

“We generally see activity in the housing market start to increase at this time of year,” says James Mabey, REALTORS® Association of Edmonton Chair. “Buyers can look forward to more inventory to choose from and sellers can count on more buyers in the marketplace.”

There are some interesting sub-plots going on when you dig into the numbers. First off, luxury home sales have significantly increased in the first quarter of 2017: As you can see from our snapshot on the market below, prices are up slightly, while inventory is down and sales are up: The board changed the way they report sales, so I won't have to make adjustments…

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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: 503 (565, 535, 570) # Sales: 231 (276, 264, 255) Ratio: 46% (49%, 49%, 45%) # Price Changes: 329 (326, 262, 258) # Expired/Off Market Listings: 132 (126, 142, 163) Net loss/gain in listings this week: 140 (163, 129, 152) Active single family home listings: 2,781 (2,736, 2,670, 2,582) Active condo listings: 2,369 (2,305, 2,217, 2,188) Homes 4-week running average: $440 ($438k, $437k, $436k) Condos 4-week running average: $239k ($235k, $234k, $238k) Full month report coming out tomorrow! Have a great weekend!

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