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

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

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