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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:+ R( B* L2 T+ e s2 L. T0 ^1 E6 d
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New listings: 390 (380, 94, 107)
# ]# o- \# F' d# Sales: 111 (82, 37, 65); I t! F. C/ @ T+ ~. P0 j
Ratio: 28% (22%, 39%, 61%)' r, n1 }; `) v/ E4 i# q3 g
# Price changes: 242 (156, 94, 75)
9 K8 h* b6 n" G# Expired Listings: 215 (171,851, 184)
! E8 \2 P4 ?0 ~; h8 y# Canceled/withdrawn/terminated listings: 21 (11, 13, 17)! V- y5 E; P6 d) M
Net loss/gain in listings this week: 43 (116, -807, -159)
1 f# U. E$ \' Z! n- OActive listings for single family homes: 2347 (2258, 2722, 2804)- h/ G. x( o& l
Active listings for condos: 1625 (1554, 1878, 1934)
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) y' b* B; j- x; X ^4 ]* f. B6 y8 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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