Weekly Market Update, July 13/18
Posted by Liv Real Estate onHere is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 692 (594, 631, 716) # Sales: 284 (270, 314, 325) Ratio: 41% (45%, 50%, 45%) # Price Changes: 566 (547, 312, 632) # Expired/Off Market Listings: 519 (519, 258, 299) Net loss/gain in listings this week: 322 (-195, 59, 92) Active single family home listings: 4700 (4628, 4696, 4640) Active condo listings: 3049 (3029, 3142, 3148) Homes 4-week running average: $449k ($439k, $442k, $440k) Condos 4-week running average: $238k ($238, $243k, $231k) The Bank of Canada raised rates yesterday, the fourth increase over the last 12 months and the first time the rate has been this high since December 2008. If you have a variable rate…
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