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Edmonton Real Estate Market Weekly Update
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; ~; U9 x% M [7 Z0 s' sWeeklyupdate_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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* p' y) m {0 ^5 ^New listings: 390 (380, 94, 107)) ~. f4 B& L4 [" W3 R- }# \1 E
# Sales: 111 (82, 37, 65)+ Q) V, o+ c8 u& ^6 m8 p
Ratio: 28% (22%, 39%, 61%); ^2 ~8 C" ~! `+ |
# Price changes: 242 (156, 94, 75)
- l, z+ J5 I+ v7 z* `. g# Expired Listings: 215 (171,851, 184)
( b. F: Q. s5 ~$ B; G* k2 k# Canceled/withdrawn/terminated listings: 21 (11, 13, 17)# Z# ^7 i- b3 {3 y8 p8 N- H
Net loss/gain in listings this week: 43 (116, -807, -159)/ H S% n/ Y/ s( z, g: k3 p
Active listings for single family homes: 2347 (2258, 2722, 2804)
- K3 {6 Z6 g" W9 ^; H+ S' z/ K4 {5 cActive listings for condos: 1625 (1554, 1878, 1934)
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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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