Weekly Update, July 3/20

Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 588 (608, 634, 664) # Sales: 400 (328, 333, 299) Ratio: 68% (54%, 53%, 45%) # Price Changes: 408 (311, 345, 349) Expired/Off-Market Listings: 412 (203, 208, 211) Net loss/gain in listings this week: -224 (77, 93, 154) Active single-family home listings: 3507 (3708, 3703, 3630) Active condo listings: 2301 (2367, 2288, 2263) Homes 4-week running average: $412k ($413k, $417k, $406k) Condos 4-week running average: $216k ($209k, $205k, $203k)

Have a great weekend!

Posted by Liv Real Estate on July 3rd, 2020

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2 Responses to Weekly Update, July 3/20

Condo's making a comeback?

Posted by GM on Saturday, July 4th, 2020 at 7:22am

Mortgage rates will go lower once 2nd quarter earnings come out at the end of July. Third and fourth quarter earnings will also be a train wreck. Add in the 100 percent bogus jobs report out of America and interest rates could turn negative shortly after the 2020 election.

Posted by Tony on Sunday, July 5th, 2020 at 6:24am

Weekly Update, July 3/20

2 Responses to Weekly Update, July 3/20

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