Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 516 (424, 475, 440) # Sales: 224 (235, 200, 198) Ratio: 43% (55%, 42%, 45%) # Price Changes: 219 (248, 198, 240) # Expired/Off Market Listings: 124 (140, 136, 322) Net loss/gain in listings this week: 168 (49, 139, -80) Active single family home listings: 2,479 (2,400, 2,371, 2,293) Active condo listings: 2,100 (2,017, 1,981, 1,909) Homes 4-week running average: $418k ($420k, $424k, $421k) Condos 4-week running average: $240k ($245k, $246k, $249k) *UPDATE - March 3* Some of you noticed some issues with the numbers in this post and were in fact correct. It looks as though my spreadsheet didn't save correctly and a week of data went missing. I've updated the numbers above and removed the charts because I can't fix them retroactively. New charts are up on the March 3 post. Some good news this week from the Conference Board of Canada - Alberta is expected to lead the country in GDP growth this year. Nice! Reading between the lines, to me, this means the rest of the country isn't going to be doing all that well next year. They're projecting 2.8% GDP growth for Alberta this year:
“While considerably better than what we have seen over the last two years, it is well below the average increase of 3.2 per cent in the decade leading up to the recession,” the report says.
Have a great weekend! Posted by Liv Real Estate on
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Something is wrong.... In your report for Feb 17th the average was 420k.... now it is 424k... sales to listing ratio the same.. and this is only what I remember but we might have other errors....

Posted by bubu on Friday, February 24th, 2017 at 6:12am

These look like the same figures as last week.

Posted by msp on Friday, February 24th, 2017 at 6:29am

11 up days in a row for the DOW and Trump said if he was elected he was going to bring the bankers up on charges for rigging the stock markets and virtually everything else except the price of uranium and the world shipping index. I guess he put that one on the backburner for now.

Posted by Tony on Friday, February 24th, 2017 at 11:11pm

I'll predict Alberta will lag the entire country this year with a -3.5 percent GDP. I also predict all the longs oil will get crushed this year. I'm betting the U.S. dollar index will move up to the 120 level and finish the year somewhere between 120 and 140. I'm betting West Texas crude will fall to the 44 dollar U.S. level in two months' time.

Posted by Tony on Friday, February 24th, 2017 at 11:41pm

Doomer Tony! Everythings rigged! Stock market and housing and oil! Its all a sham!

Posted by karlhungus on Saturday, February 25th, 2017 at 2:47am

My bet is alberta's GDP will increase by 2.5% and oil will be $62. Wanna bet who will be closer in their predictions?

Posted by karlhungus on Saturday, February 25th, 2017 at 2:49am

You will be Carl. Tony's a troll.

Posted by Tom on Sunday, February 26th, 2017 at 3:48am

Doomer Troll.

I would advise that you immediately stop "betting" because reports are already out that Alberta will lead the nation, regardless if how small that growth may end up being iver the next four quarters. So rather than reading your tea leaves and pitching out dumb predictions i recommend you stick to just sipping on tea and throwing your leaves away because your prophetic statements are simply fantasies for now.

Posted by 123kid on Sunday, February 26th, 2017 at 4:55am

Huh? No clue what you are talking about here. Get back to reality.

American Trump supporters wearing "make america great" clothing and hat line made in China makes me laugh hysterically.

Posted by 123kid on Sunday, February 26th, 2017 at 5:01am

The Dow is a useless index to measure anything Doomer Troll. Maybe go back to reading your tea leaves actually.

Posted by 123kid on Sunday, February 26th, 2017 at 5:06am

Wow, he thinks that a real estate developer president will make real estate crash and an oil mogul secretary of state will make oil price lower (if they can). Wow!

Posted by wsn on Monday, February 27th, 2017 at 4:25am


I'm wondering if you have any data in regards to properties in the 650k-750k range. E.g Days on market, expired listings and amount sold per month?


Posted by Garry Lee on Tuesday, February 28th, 2017 at 1:34am

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