Weekly Market Update, September 13/19

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 562 (567, 455, 618) # Sales: 237 (212, 239, 269) Ratio: 42% (37%, 53%, 44%) # Price Changes: 442 (403, 427, 459) Expired/Off-Market Listings: 263 (547, 230, 321) Net loss/gain in listings this week: 62 (-192, -14, 28, -9) Active single-family home listings: 4222 (4164, 4251, 4278) Active condo listings: 2341 (2322, 2415, 2411) Homes 4-week running average: $430k ($433k, $437k, $435k) Condos 4-week running average: $228k ($231k, $232k, $226k)

Have a great weekend! Posted by Liv Real Estate on September 13th, 2019

Finally some good news or great news for Alberta and Edmonton.
Just in: 50% of Saudi’s oil production has been destroyed by a weaponized flying robot drones. This is good news for me because it will push up interest rates.

Posted by Tony on Friday, September 13th, 2019 at 11:06pm

Tony I would have thought the cost of fuel will go up (short term), thereby increasing cost of living in a period of low growth and low wage growth therefore increasing the need to reduce rates (which already seems likely any way).

Posted by Stu on Thursday, September 19th, 2019 at 2:08am

Why we don't have the weekly updates coming?
I hope all is fine with you guys.

Posted by a common guy on Friday, September 27th, 2019 at 6:48am

Hey,
Thanks for the concern, just had a publishing error. Very sorry about the delay.

Posted by Sara MacLennan on Sunday, September 29th, 2019 at 5:25am

Weekly Market Update, September 13/19

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