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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)7 i, B$ t6 J/ j% S2 g" r! K
# Sales: 111 (82, 37, 65)3 x' O1 e W1 t9 O) q& x( B! H
Ratio: 28% (22%, 39%, 61%)
# I/ s1 v: u1 J8 [0 d2 ~8 t/ k# Price changes: 242 (156, 94, 75)
+ w" M/ [' W! j; l( S* v# Expired Listings: 215 (171,851, 184)
$ d, N0 T- s0 b; O% W$ X. l1 J& l# Canceled/withdrawn/terminated listings: 21 (11, 13, 17)3 k8 T+ h+ i& \9 g% u6 B
Net loss/gain in listings this week: 43 (116, -807, -159)' g7 ~4 I+ I: e
Active listings for single family homes: 2347 (2258, 2722, 2804)' C: a* f5 B7 K* e0 U
Active listings for condos: 1625 (1554, 1878, 1934)* \/ m7 x2 B1 V0 m
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Last 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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