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Edmonton Real Estate Market Weekly Update0 V2 Q! s. S9 {; \! c! X/ k/ v
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Weeklyupdate_2Here is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:: t+ j y* C+ o. E+ ~
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New listings: 390 (380, 94, 107), K5 j z" A8 l+ [' V. S7 ]2 G- T% [
# Sales: 111 (82, 37, 65)& b0 a7 F& {1 r. P( }# x( K
Ratio: 28% (22%, 39%, 61%): |+ y/ Q9 p+ V; M9 y7 x; ?: ?' q
# Price changes: 242 (156, 94, 75)7 f8 s- Q x; o8 b. \
# Expired Listings: 215 (171,851, 184)
3 j5 U+ o8 M w3 `: S# Canceled/withdrawn/terminated listings: 21 (11, 13, 17)- R* Z+ a1 R* U9 y# ]: t/ Q
Net loss/gain in listings this week: 43 (116, -807, -159)0 e/ ]' B, U" W2 W) Z' _- |
Active listings for single family homes: 2347 (2258, 2722, 2804)
2 u- K( j7 M2 g! w3 AActive listings for condos: 1625 (1554, 1878, 1934)6 P( ]' s% s: }' n! J/ X
, r1 U# f- x; p6 N8 NLast 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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