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Edmonton Real Estate Market Weekly Update) V/ K& \8 F/ g+ b& \, [% U1 U
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Weeklyupdate_2Here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:
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New listings: 390 (380, 94, 107)
7 ^9 K! E/ b7 m7 ?# Sales: 111 (82, 37, 65)
1 C5 F8 f0 F. s Z" v5 `: \Ratio: 28% (22%, 39%, 61%)& {! J. _) W) M J* C; `
# Price changes: 242 (156, 94, 75)
; j% l, [" M) w# Expired Listings: 215 (171,851, 184)! `$ u6 g4 a8 ]8 S' _2 S
# Canceled/withdrawn/terminated listings: 21 (11, 13, 17)6 M) I6 H, C# _) i' {
Net loss/gain in listings this week: 43 (116, -807, -159)
0 ?7 R0 W8 b+ _! `/ c* [0 f* uActive listings for single family homes: 2347 (2258, 2722, 2804)
0 m8 u1 V# ?2 }2 S8 t) _- l) NActive listings for condos: 1625 (1554, 1878, 1934); R6 x( ]; Y8 Z' ^5 e
: n1 |& [$ j- s+ R1 s: DLast year at this time the sales to new listings ratio was at 30%, so we're not far off last year. I was expecting to see more sales this week, simply because things seem busier out there (more showings, more offers etc). One thing that could be slowing things up a bit are conditions - it is harder to get a mortgage these days, so the condition dates are being written for a longer period of time. Sales are not reported until all conditions are removed so the start to the year could be slower because of longer condition periods. |
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