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Edmonton Real Estate Market Weekly Update6 q* m# F5 V& F1 T" C" C( a- U
N* \! }- h d- _0 W( R: z6 iWeeklyupdate_2Here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:" r, P) N/ n* |9 H
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New listings: 390 (380, 94, 107)# B" s) Y( u6 Z- o+ A
# Sales: 111 (82, 37, 65)' |2 q$ v# S6 S. `
Ratio: 28% (22%, 39%, 61%)- G& t0 J. \7 ?. p" k1 f
# Price changes: 242 (156, 94, 75)2 N+ }0 J# q: I
# Expired Listings: 215 (171,851, 184)
( e4 g: \& ]8 G: X# Canceled/withdrawn/terminated listings: 21 (11, 13, 17)
n( n9 K) i2 U; B2 h4 QNet loss/gain in listings this week: 43 (116, -807, -159)
# h) }9 a7 W5 p+ R5 EActive listings for single family homes: 2347 (2258, 2722, 2804) U1 y' u4 C4 J0 z
Active listings for condos: 1625 (1554, 1878, 1934)6 {% y, H' n6 r% b
/ i# ~) k* h) _7 d# xLast 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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