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Edmonton Real Estate Market Weekly Update k) F9 K6 d- Y! }1 W4 E
6 ^$ y8 P3 }( F& | H4 ]/ X) v2 XWeeklyupdate_2Here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:3 b8 }6 G8 B: ^0 w& s; t# K
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New listings: 390 (380, 94, 107)
0 I H+ \$ Z9 o0 t2 @% M* n# Sales: 111 (82, 37, 65)
4 ~( U% a3 Q8 ^' V: pRatio: 28% (22%, 39%, 61%) M, y5 S: E: R7 Q' {1 N
# Price changes: 242 (156, 94, 75)3 b; n% h# C7 Q/ E! C5 D* p/ j
# Expired Listings: 215 (171,851, 184)2 h& T% p2 ~' H3 \0 A
# Canceled/withdrawn/terminated listings: 21 (11, 13, 17)8 d! ^7 E* d5 o% R
Net loss/gain in listings this week: 43 (116, -807, -159)5 }6 G" B- e' `' G6 c
Active listings for single family homes: 2347 (2258, 2722, 2804)
) a1 i$ K: o% Q2 a' J/ M- L8 GActive listings for condos: 1625 (1554, 1878, 1934): S( _0 p. @1 l0 s* S5 q& ]
% }6 X8 B! O' _( Y i& vLast 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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