Weekly Market Update, January 10/20

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 433 (182, 123, 243) # Sales: 109 (110, 105, 149) Ratio: 25% (60%, 85%, 61%) # Price Changes: 211 (152, 71, 153) Expired/Off-Market Listings: 180 (660, 171, 260) Net loss/gain in listings this week: 144 (-588, -153, -166) Active single-family home listings: 2849 (2770, 3120, 3209) Active condo listings: 1643 (1581, 1795, 1831) Homes 4-week running average: $399k ($402k, $412k, $412k) Condos 4-week running average: $227k ($222k, $226k, $221k)

Have a great weekend! Posted by Liv Real Estate on January 10th, 2020

The charts do not appear updated.

Posted by Bill on Friday, January 10th, 2020 at 3:04am

There are no charts for 2020 :)

Posted by Petr on Friday, January 10th, 2020 at 3:44am

The average SFH is in the $300ks now. With the UCP cuts I'll bet we see high $200ks as our bottom within 36 months. I think we'll rebound after that since TMX will come online.

Posted by Tom on Friday, January 10th, 2020 at 6:12am

Thanks for letting me know and sorry about that... I've updated them.

Posted by Sara MacLennan on Saturday, January 11th, 2020 at 1:59am

Thanks for letting me know and sorry about that... I've updated them.

Posted by Sara MacLennan on Saturday, January 11th, 2020 at 1:59am

How about going further back than just 3 - 4 years? Would love to see prices going back ten to 15 years inflation adj. :-)

Posted by Brendan Duggan on Sunday, January 12th, 2020 at 10:19pm

It's surprising how resilience Canadian housing market is. So people say there's never a soft landing in the past, who knows if the history is going to repeat.

Posted by Sharon on Monday, January 13th, 2020 at 4:43am

Hey Brendan,
Thanks so much for the comment, we go further back and have more analysis in our monthly reports. Check them out!

Posted by Sara MacLennan on Saturday, January 18th, 2020 at 8:56pm

Weekly Market Update, January 10/20

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