Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 631 (556, 652, 660) # Sales: 285 (270, 355, 307) Ratio: 45% (49%, 54%, 47%) # Price Changes: 559 (399, 412, 681) Expired/Off Market Listings: 195 (193, 175, 190) Net loss/gain in listings this week: 151 (93, 122, 163, -44) Active single family home listings: 4434 (4335, 4278, 4186) Active condo listings: 2506 (2460, 2427, 2405) Homes 4-week running average: $429k ($427k, $425k, $419k) Condos 4-week running average: $232k ($229k, $224k, $222k) Have a great weekend! Posted by Liv Real Estate on
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I am no longer in the market for real estate but I check this blog every week just to read Tony's comments. I would love to know what kind of Kool Aid he drinks.

Posted by Cazador on Thursday, May 30th, 2019 at 8:06pm

A typo Sara. I think house price average should read 429 and not 249. 249 will be in 6 months from now.

Can't believe Tony didn't notice that not to mention that I cannot, for the life of me, remember when SFH prices having an average running price of 900,000.00

Posted by Rick on Thursday, May 30th, 2019 at 10:26pm

Look's like falling interest rates are pushing up home prices in the search for yield. We remember resale apartments and resale townhouses cost double what they cost today way back in the spring of 2007. America will likely bring in zero or negative interest rates before helicopter money.

Posted by Tony on Friday, May 31st, 2019 at 7:36am

I give out financial advice everywhere, youtube and blogs like Zero Hedge and Wolfstreet. Just look for the The Real Tony and parkerbohnn on youtube. I'm Tony on the, parkerbohnn on youtube and The Real Tony everywhere else. I was Tony on misc.invest.stocks on usenet. The guy on the money gps would be nowhere without me.

Posted by Tony on Friday, May 31st, 2019 at 9:12pm

Wonder if we'll hit new all time highs this summer for SFH's.

Posted by GM on Saturday, June 1st, 2019 at 4:16am

Probably early next year after the two rates cuts by the U.S. Fed and the two rates cuts from the Bank of Canada. Rates cuts in America are slated for this September and this December.

Posted by Tony on Tuesday, June 4th, 2019 at 1:33am

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