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Edmonton Real Estate Market Weekly Update; U s# w" x) }% R
7 v" h2 @/ y) {Weeklyupdate_2Here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:. ]; l3 s' K0 X$ L- a
' R K+ R- B# `- F; w6 G. TNew listings: 390 (380, 94, 107)
/ u% z6 H! ?! ~7 `" \3 f+ w4 r1 {# Sales: 111 (82, 37, 65)
8 ?# ^, Z+ p3 P/ QRatio: 28% (22%, 39%, 61%)
# r/ T( d- c+ ?* Q# Price changes: 242 (156, 94, 75)# Q+ c+ a* l/ [. W
# Expired Listings: 215 (171,851, 184)$ e0 @: A9 o' ^9 t9 K. w2 e
# Canceled/withdrawn/terminated listings: 21 (11, 13, 17)
; H v2 c* n/ \( \/ q' oNet loss/gain in listings this week: 43 (116, -807, -159)' R j6 h8 x7 m; P: `" A$ Z5 M
Active listings for single family homes: 2347 (2258, 2722, 2804)
! V1 {! y; E& `% e, H* CActive listings for condos: 1625 (1554, 1878, 1934)/ e, X6 t$ H/ \* U& {) r
- r2 }0 U( m' M* hLast 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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