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Edmonton Real Estate Market Weekly Update
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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)5 l% G A% m2 H3 \, ]* P4 o4 z- W
# Sales: 111 (82, 37, 65)9 ~. _+ b2 a$ V# R+ x# D
Ratio: 28% (22%, 39%, 61%)0 ~6 P o3 g I' e- x9 d: E' m
# Price changes: 242 (156, 94, 75), m$ P$ `- C: y# H: s
# Expired Listings: 215 (171,851, 184)+ a6 u- M% R3 U3 N/ Z/ k
# Canceled/withdrawn/terminated listings: 21 (11, 13, 17)/ r2 d2 ?/ o8 d& t2 m
Net loss/gain in listings this week: 43 (116, -807, -159)
1 n+ }3 M5 I) Q6 Q# {8 K) a( VActive listings for single family homes: 2347 (2258, 2722, 2804)9 X( |8 a% q" ^7 x$ g0 V
Active listings for condos: 1625 (1554, 1878, 1934)# j: M/ i r& w$ [+ k l
/ u& U: \2 h1 sLast 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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