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Edmonton Real Estate Market Weekly Update( ~1 |& p0 B( c: y: X- X
2 K- a s' h: ^Weeklyupdate_2Here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:* e8 p9 Q% m; r7 I
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New listings: 390 (380, 94, 107)
& i% I; R6 K. Z' d5 {! L" N# Sales: 111 (82, 37, 65)* e' U4 Z% ]2 [. V- g/ R- K. X, A5 B
Ratio: 28% (22%, 39%, 61%)- {/ P, v, S% L! ]
# Price changes: 242 (156, 94, 75)
5 M1 W8 v, m [& `# Expired Listings: 215 (171,851, 184)
( \) h) r' {& I1 ?5 p# B* A3 D1 W( ~# Canceled/withdrawn/terminated listings: 21 (11, 13, 17)
$ W8 m* z- S- q! m, {" E. i6 s, vNet loss/gain in listings this week: 43 (116, -807, -159)! ?! P0 Q! b0 O" ]) k: N
Active listings for single family homes: 2347 (2258, 2722, 2804)8 h2 u5 H& A6 l+ l% _2 |
Active 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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