To view and search all MLS listed homes in the Edmonton area visit us at: www.FindMyHouse.ca
The listing inventory is going up as more and more people place the homes up for sales. Currently in Edmonton proper we have 6,482. The number of sales in the last 30 has also gone up but unfortunately not proportional to the number of listings.
In the last 30 days we have had 1,036 sales. That give us a listings to sales ratio of 6.24:1 again an increase over last week.
With a ratio this high I expect more pressure on valuation.
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