Edmonton Real Estate Statistics – Dec 05, 2008 | Edmonton Homes for Sale Blog - Your Daily Guide to Edmonton Real Estate

Edmonton Real Estate Statistics – Dec 05, 2008

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As of this morning there were 2,982 single family homes available in Edmonton proper. In the past 30 days 415 single family homes were sold in Edmonton proper. That would give us a listing to sales ratio of 7.19:1

With a ratio still significantly higher than the 4:1 required for a neutral or balanced market I expect there to be continued downward pressure on valuations.