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Edmonton Real Estate Market Weekly Update( f9 Z5 ?/ \5 _ b/ v
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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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8 {& u- i+ j q7 \4 XNew listings: 390 (380, 94, 107)
8 R3 a- r/ d- q/ [; W! a6 R# Sales: 111 (82, 37, 65)
0 p" Z- W8 r8 f5 BRatio: 28% (22%, 39%, 61%)
* M- z0 h9 l8 r( d: d( O, a( v# Price changes: 242 (156, 94, 75)
6 v0 e; W6 \7 }3 M# Expired Listings: 215 (171,851, 184) h5 v- p* F% T' X$ W, u
# Canceled/withdrawn/terminated listings: 21 (11, 13, 17)" W! ^$ t& ]- i* h. k
Net loss/gain in listings this week: 43 (116, -807, -159)5 D7 D6 h; p5 Y, b
Active listings for single family homes: 2347 (2258, 2722, 2804): j& j/ ?1 c) K5 b; |# j6 }
Active listings for condos: 1625 (1554, 1878, 1934)1 Y" m/ X; z. e9 T) Y
, g, {' T7 N# c% OLast 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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