Weekly Market Update, May 24/19

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 556 (652, 660, 633) # Sales: 270 (355, 307, 287) Ratio: 49% (54%, 47%, 45%) # Price Changes: 399 (412, 681, 454) Expired/Off Market Listings: 193 (175, 190, 390) Net loss/gain in listings this week: 93 (122, 163, -44, 161) Active single family home listings: 4335 (4278, 4186, 4077) Active condo listings: 2460(2427, 2405, 2361) Homes 4-week running average: $427k ($425k, $419k, $416k) Condos 4-week running average: $229k ($224k, $222k, $220k)

Have a great weekend! Posted by Liv Real Estate on May 24th, 2019

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1 Response to Weekly Market Update, May 24/19

With the U.S. China trade war interest rates can only fall. Both the last American jobs and last Canadian jobs reports were total lies so that puts a lot more pressure on mortgage rates to fall both in America and in Canada.

Posted by Tony on Friday, May 24th, 2019 at 7:45am

Weekly Market Update, May 24/19

1 Response to Weekly Market Update, May 24/19

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