Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 218 (237, 396, 318) # Sales: 158 (160, 179, 195) Ratio: 72% (68%, 45%, 61%) # Price Changes: 178 (236, 267, 294) # Expired/Off Market Listings: 306 (210, 563, 241) Net loss/gain in listings this week: -246 (-133, -346, -118) Active single family home listings: 3401 (3577, 3682, 3886) Active condo listings: 2031 (2068, 2070, 2177) Homes 4-week running average: $424k ($420k, $415k, $427k) Condos 4-week running average: $205k ($205k, $207k, $212k) Sure is different from last year at this time, when everyone was rushing to buy a home before the new mortgage rules kicked it. Wishing everyone a Merry Christmas, Happy Hanukkah, Joyous Kwanzaa, Festivus For The Rest Of Us, and Happy Holidays ???? Posted by Liv Real Estate on
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It's funny how the Single Family Homes appear to have a bigger inventory problem but the condos have had a bigger price drop. I guess that means a house price drop is coming soon.

Posted by Taraz on Friday, December 21st, 2018 at 5:41am

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