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Edmonton Real Estate Market Weekly Update$ X6 Y8 o$ o5 D$ E# ^- ~6 m
`# t- A y$ ]' M+ Y! ]) tWeeklyupdate_2Here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:! s& \' [2 ]# D6 ?- Q4 `9 z
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New listings: 390 (380, 94, 107)& v) g. e% M$ ?+ B& {
# Sales: 111 (82, 37, 65)
+ m7 \; ?6 f& T3 @# eRatio: 28% (22%, 39%, 61%)& f6 i5 s4 B7 G4 m& R) u5 Z
# Price changes: 242 (156, 94, 75)3 d z! V" `' a. p
# Expired Listings: 215 (171,851, 184)
6 t9 ]1 j3 A' K E: g0 Z# Canceled/withdrawn/terminated listings: 21 (11, 13, 17)% S6 X8 L5 Q- C$ N( n( ^
Net loss/gain in listings this week: 43 (116, -807, -159)
: T, D, ~' d8 Z* G( J5 TActive listings for single family homes: 2347 (2258, 2722, 2804)1 L" y ?* ^5 L
Active listings for condos: 1625 (1554, 1878, 1934)) N8 w/ L* i( S; V8 h" X7 v
1 \; d( ? ~5 N9 rLast 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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