Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days:
New Listings: 834 (920, 727, 719)
Sales: 460 (554, 536, 496)
Ratio: 55% (60%, 74%, 69%)
Price Changes: 439 (442, 378, 333)
Expired/Off-Market Listings: 149 (246, 148, 126)
Net loss/gain in listings this week: 225 (120, 43, 97)
Active single-family home listings: 2559 (2380, 2202, 2034)
Active condo listings: 2213 (2110, 2050, 2035)
Homes 4-week running average: $493 ($499, $500, $500)
Condos 4-week running average: $236 ($231, $233, $235)
Party's over.
Posted by GM on Saturday, May 14th, 2022 at 12:51pmMy comments keep getting rejected as spam- any reason why Sara?
Posted by Trev on Sunday, May 15th, 2022 at 12:43amThe latest benchmark rate increase by Bank of Canada is cooling the booming real estate market in Ontario as well. Less bidding wars, and some time for home inspection at least we get now! A sigh of relief for buyers! But, mortgages got expensive, that's the pinch! What do you think?
Posted by Harleen Kaur on Tuesday, May 17th, 2022 at 12:01pmLeave A Comment