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 (716, 738, 787) # Sales: 314 (325, 328, 271) Ratio: 50% (45%, 44%, 34%) # Price Changes: 312 (632, 570, 567) # Expired/Off Market Listings: 258 (299, 227, 437) Net loss/gain in listings this week: 59 (92, 227, 79) Active single family home listings: 4696 (4640, 4568, 4483) Active condo listings: 3142 (3148, 3135, 3033) Homes 4-week running average: $442k ($440k, $443k, $444k) Condos 4-week running average: $243k ($231k, $237k, $245k) Have a great weekend! Posted by Liv Real Estate on
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Oil had a good week, I thought home prices would stop falling at 60 dollars U.S. west Texas crude in Edmonton. The Saudi's said they need 80 a barrel the speculators could drive it to 80 after the worldwide tariffs war and the U.S. dollar falls.

Posted by Tony on Thursday, June 28th, 2018 at 8:16pm

What difference does the oil price make to Alberta?
Alberta doesn't get world market prices for their oil.
We would need a pipeline for that. And Turdeau has made sure that will never happen.

Posted by GM on Thursday, June 28th, 2018 at 9:43pm

You think people are that dumb? They'll speculate with hundreds of thousands of dollars on a house without knowing anything about the Alberta economy?

All investors from outside of Canada have seen what a fool we have for a Prime Minister. They can see how the Canadian economy is in tatters, and they will also know, if they ask anyone in Canada, that Trudeau has a strong dislike for Alberta and is doing everything he can to destroy the economy here.

And Nutley isn't helping either.

Posted by GM on Friday, June 29th, 2018 at 10:32pm

Investors from abroad and out of province don't know that. If oil goes up people will buy Alberta real estate.

Posted by Tony on Saturday, June 30th, 2018 at 3:07am

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