Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 352 (332, 399, 469)
Sales: 336 (318, 325, 304)
Ratio: 95% (96%, 81%, 65%)
Price Changes: 233 (225, 275, 357)
Expired/Off-Market Listings: 501 (195, 240, 263)
Net loss/gain in listings this week: -485 (-181, -166, -98)
Active single-family home listings: 2347 (2626, 2745, 2814)
Active condo listings: 2201 (2355, 2385, 2427)
Homes 4-week running average: $444 ($447, $450, $447)
Condos 4-week running average: $221 ($215, $217, $220)
Hey Tom,
Posted by Liv Real Estate on Friday, December 3rd, 2021 at 2:16pmAs you can see we've moved our blog to a new host. I saw your comment and approved it but it has disappeared, I'm so sorry! I'll try and figure it out. Tom commented that the supply is falling fast. If you check out the monthly update, you'll see we did get a 15% increase in new listings which was outpaced by a 30% increase in sales! - https://www.livrealestate.ca/blog/sales-jump-in-november-in-edmonton.html.
Nothing new here all the suckers coming in at the top of the market trying to beat the mortgage rate increases. Looks like the Bank of Canada wants to report more jobs to push up interest rates even if all the statistics are all lies. The jobs report was totally opposite in America. Obviously both numbers were fake.
Posted by Tony on Friday, December 3rd, 2021 at 5:38pmTony: All the predictions are another jump in house prices in Edmonton in 2022. We've barely started the economic and job recovery yet. Please post some proof that we're near the 'top' lol.
Posted by Tom on Friday, December 3rd, 2021 at 6:58pmIn 2022, home prices are likely to rise again in Edmonton. The recovery of the economy and employment is just beginning. Could you please confirm whether or not we are on the road to recovery?
Posted by Nazmul Huda on Wednesday, January 26th, 2022 at 12:03amLeave A Comment