Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 491 (574, 539, 567) # Sales: 291 (373, 284, 353) Ratio: 59% (65%, 53%, 62%) # Price Changes: 341 (447, 444, 457) Expired/Off-Market Listings: 197 (584, 577, 239) Net loss/gain in listings this week: 3 (-383, -322, -25) Active single-family home listings: 3139 (3122, 3172, 3266) Active condo listings: 2672 (2658, 2657, 2832) Homes 4-week running average: $457 ($458, $457, $456) Condos 4-week running average: $221 ($221, $216, $216)           Posted by Liv Real Estate on
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The charts are some how wrong...... Its October right now (not April)

Jared

Posted by Jared on Thursday, October 14th, 2021 at 9:41pm

That chart is WAY off. SFH prices are down on the week.

Posted by GM on Thursday, October 14th, 2021 at 11:29pm

Hey Guys,
Really sorry about that. Looks like the images were overwritten with old ones somehow. They've now been updated.

Posted by Sara MacLennan on Friday, October 15th, 2021 at 1:07am

I liked the look of the previous chart. The actual one is much more subdued.

Posted by GM on Friday, October 15th, 2021 at 6:53am

We are off the charts, literally! I know a number of people from Ontario buying Edmonton and Calgary condos as investments, as they're SOOO cheap compared to the GTA. We're finally on the radar of investors, so we should have a large jump in 2022 with low interest rates, and money pouring in.

Posted by Tom on Friday, October 15th, 2021 at 7:26am

Leftie mayor.
Open your wallets folks. Property taxes are about to skyrocket once again.

Posted by GM on Tuesday, October 19th, 2021 at 6:06am

GM: They're WAY too low as they are. Property tax rates in the long term are inflation plus population growth. That's around 6% annually in Edmonton, so that's what they should be most years.

Posted by Tom on Tuesday, October 19th, 2021 at 9:35pm

GM: Yes, gasoline is too low considering the externalities of climate change, and like most people, I support a MUCH higher carbon tax (it needs to be more than the $170 per tonne planned). But that's because I have a Tesla lol. I could see $2.50 or so a litre at least when the $170 carbon tax comes in.

Posted by Tom on Wednesday, October 20th, 2021 at 8:05pm

Tom, I guess you think gasoline, electricity and food prices are too low too.

Posted by GM on Wednesday, October 20th, 2021 at 8:46pm

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