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Edmonton Real Estate Market Weekly Update
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. u9 M" I/ ?6 |2 {Weeklyupdate_2Here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:; D( d. i2 u- l
8 H4 `" t: Q0 A' YNew listings: 390 (380, 94, 107)! u' o* V3 @4 u0 F' G% a
# Sales: 111 (82, 37, 65)% {# a$ A% p& o7 F0 Q7 \0 i
Ratio: 28% (22%, 39%, 61%)
/ `) ~6 V# f* q- q# Price changes: 242 (156, 94, 75); p7 V6 h/ f# l. ~/ U- V
# Expired Listings: 215 (171,851, 184)
1 K$ q# e& E2 j! q4 _) K# Canceled/withdrawn/terminated listings: 21 (11, 13, 17)
, F7 |. P8 I, E, y( hNet loss/gain in listings this week: 43 (116, -807, -159)
# t3 F' `$ f' D4 @Active listings for single family homes: 2347 (2258, 2722, 2804)5 @1 X+ c* F' d
Active listings for condos: 1625 (1554, 1878, 1934)- Z% n; s3 R' J. q/ f* Q0 ~% y
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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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