Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 322 (406, 367, 402) # Sales: 195 (197, 209, 222) Ratio: 61% (49%, 57%, 55%) # Price Changes:  303 (365, 385, 399) Expired/Off-Market Listings: 199 (481, 544, 210) Net loss/gain in listings this week: -72 (-272, -386, -30) Active single-family home listings: 3713 (3751, 3769, 3992) Active condo listings: 2025 (2033, 2015, 2149) Homes 4-week running average: $412k ($415k, $414k, $413k) Condos 4-week running average: $223k ($216k, $226k, $224k) Have a great weekend! Posted by Liv Real Estate on
Email Send a link to post via Email

Gonna be a rough 4 years...

Posted by GM on Friday, November 15th, 2019 at 1:38am

Yup. I have some friends who work for the Government of Alberta and many of their colleagues have been let go already, and more expected next fiscal year. There is going to be a lot of smart, young, formerly well paid, people leaving Edmonton for BC and Saskatchewan.

Posted by Tom on Saturday, November 16th, 2019 at 2:23am

They have to destroy the U.S. dollar to keep the ponzi fraud stock market from imploding in America. Commodities will soar in price even if there's no demand for them. Alberta has natural gas and oil which are both commodities. Inflation will soar as the U.S. dollar croaks. Remember Albertans have nowhere to go unless they leave Canada. B.C. or Ontario is not an option as the cost of living will make the move an impossibility.

Posted by Tony on Saturday, November 16th, 2019 at 5:07am

It's strange when oil price so low, why can't Alberta use the oil for refinery and other products. It's not making sense to give oil away cheaply, the resource is precious and not unlimited.

Posted by Sharon on Sunday, November 17th, 2019 at 2:40am

Leave A Comment

Please note that your email address is kept private upon posting.