Latest news with #listings
CBC
20 hours ago
- Business
- CBC
Edmonton seeing big jump in real estate listings, Realtors association reports
Edmonton's housing market saw a 20 per cent increase in new listings compared to this same time last year, but that growing number hasn't resulted in higher sales. According to data released by the Realtors Association of Edmonton (RAE), the greater Edmonton region saw 4,387 new listings in July 2025, an increase of 7.8 per cent from the previous month. At the end of July, a total of 7,083 houses were available on the market, an increase of 21.8 per cent from the year before. Despite a growing inventory, market sales are decreasing. In total, 2,860 houses were sold in July, a decrease of 2.6 per cent from last year and a 0.5 per cent decrease from June 2025. Darlene Reid, the board chair of the RAE, said that inventory levels remain strong, "to the point where motivated sellers might be willing to lower their price to close the deal, and buyer's options remain plentiful." Experts said that although the housing market includes more choice for buyers, this does not reflect a shift from a sellers to a buyers market. Different market for different properties For Edmonton real estate agent Michelle Patterson Nipp, whether the housing market is more favourable to buyers or sellers largely depends on what market you're looking at. When buyers are in the market for a property, they want to have choice, selection, and time. "In some areas of the city, I think it's a seller's market where, especially if it's priced well, the properties don't stay on the market for too long." Patterson Nipp said how long listings stay on the market largely depends on what kind of property they are, and where in the city they are located. Condos, for example, spent 46 days on the market on average in July, compared to 31 days for detached homes. As well, the Edmonton region saw 471 condo sales in July, while detached homes saw 1,690. Patterson Nipp said with so many condos on the market, inventory is building up past existing demand. However, despite buyers having more time and options, Edmonton's overall housing market is still a seller's market, owing to how many properties are currently in inventory. If there are more than six months worth of property, the market is considered to be favourable to buyers. Patterson Nipp said that Edmonton currently has about 2.7 months of inventory. More options for buyers After spending six years in Langford — a small city outside Victoria B.C., — Greg Henkelman moved back to Edmonton in early June and immediately started house hunting. Henkelman was looking for a house in northwest Edmonton, costing between $400,000 and $500,000. Two days later, his realtor had a long list of potential showings. By June 29, Henkelman had possession of a single family detached home. According to the RAE, the average price of similar homes has increased 0.7 per cent month-over-month, while average prices for other property types decreased. This experience was different from the last time Henkelman purchased a house in Edmonton several years ago, when the housing market was much more competitive and volatile. Henkelman purchased his first house in the south of Edmonton. "I think the first time we decided to move from Mill Creek to Malmo, I remember having a pager," he said. "A Realtor would basically page us and say you need to put an offer in on this house, sight unseen. Houses sold within hours of listing sometimes." Henkleman said that experience caused him to worry that buying a house now would be similar. However, with so many houses on the market, he felt he had a lot more options. Reid said that although sales have decreased, the RAE will be "watching to see if sales tick back up" in the fall. Patterson-Nipp said that this is a common pattern, especially in Edmonton. She added that data should be used as a broad picture of the market overall, as real estate is "very local."
Bloomberg
01-08-2025
- Business
- Bloomberg
Hong Kong to Let Big Funds Secure Bigger Proportions of Listings
Hong Kong will let big funds secure a bigger proportion of shares offered for new listings after some companies that went public sparked a retail frenzy in the city. Starting next week, the maximum percentage of shares that can be allocated to retail investors will be lowered to 35%, down from 50% currently, according to a Hong Kong Exchanges & Clearing Ltd. statement on Friday. The exchange had initially proposed cutting it to 20%.
RNZ News
31-07-2025
- Business
- RNZ News
Number of houses on market declines for third month in a row
Real Estate NZ spokesperson Vanessa Williams says there has been a four percent drop in listings from this time last year. Photo: RNZ / Nate McKinnon Real Estate New Zealand says buyers are still busy despite there being fewer houses on the market. Real estate statistics for July showed the number of newly listed houses declined for the third consecutive month. Real Estate NZ spokesperson Vanessa Williams said there was roughly 30,000 homes on the market compared to roughly 36,000 in March and April. She said there was also been a four percent drop in listings from this time last year. "Thinking about this time last year over winter, interest rates were so high, we actually saw sellers putting their properties on the market, however buyers not snapping them up, so we did see that pool grow over last winter. "With those drops in interest rates and now levelling off, I think there are more buyers snapping up homes." She said sellers might also be waiting for spring, when there was typically a spike in new listings. The national asking price for a house had remained stable at about $850,000 where it had been for the past two years, she added. "That big pool of homes we've still got to move though the market is keeping those prices stable and also with a lot more legislation around the housing market and how you can transact." Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.
Independent Singapore
29-07-2025
- Business
- Independent Singapore
SGX's listing gambit: Opportunity or illusion?
SINGAPORE: The Singapore Exchange's (SGX) ambitious strategy to attract listings is going through a significant change, revealing a mix of opportunities and challenges. After a slow start to 2025, SGX is showing signs of renewed energy. Recent debuts include Info-Tech Systems on Jul 4, NTT DC Reit, the largest real estate investment trust IPO in 10 years, and China Medical System as a secondary listing. The IPO pipeline is improving, a stark contrast to the first half of the year when Singapore saw just one listing compared to Malaysia's 32. Of the 29 secondary listings on SGX's Mainboard, nine have come since 2020, mainly from Hong Kong. The performance has been mixed, with some stocks facing low trading volumes and investor disinterest. AMTD Idea represents these issues, seeing its shares drop 74% after its SGX debut. However, there are positive developments. PC Partner Group stands out, rising from 85 cents to over $2 since its November 2024 listing, boosted by demand for AI-driven chips. The company's move to Singapore shows potential for success. A closer look shows some subtle challenges. Many upcoming listings are spin-offs from existing companies, such as Coliwoo from LHN Group and Lum Chang Creations from Lum Chang Holdings. This raises questions about real market growth. The Monetary Authority of Singapore (MAS) is taking action. Proposed regulatory changes include simpler prospectus reuse and tax breaks to attract more listings. The exchange has also introduced Singapore Depository Receipts (SDRs), with 21 securities currently available. Mark Liew, CEO of PrimePartners Corporate Finance, the issue manager for AMTD Idea and TSH Resources' Singapore listings, noted in an interaction with The Edge Singapore: 'I know of so many high-net-worth individuals who happily trade US, Hong Kong and China stocks. But for Singapore, they want safety.' 'These individuals see their Singapore portfolio as a hedge, giving them good income. If everything elsewhere is too volatile, they come back to Singapore. In that sense, the volatility and trading are not there in Singapore,' he added. However, other observers call for a broader view, highlighting how investors in Singapore undervalue growth stocks compared to markets like Hong Kong. This is a crucial market perception problem. Key challenges in Singapore include: Low trading liquidity Limited interest in growth stocks High regulatory compliance costs Reliance on spin-off listings While the benchmark Straits Times Index (STI) is rising — it's surpassed the 4,000-point mark — fundamental questions remain. Are these listings genuinely deepening the market, or just inflating headline numbers? As the market review committee prepares to release its next recommendations, the challenge is clear. SGX must prioritise quality over quantity. Important capital formation, strong governance, and lasting trading interest should take precedence over just counting short-term listings. The final decision is still pending. Are secondary listings a strategic opportunity or an expensive detour?
News.com.au
29-07-2025
- Business
- News.com.au
Hobart home listings trend lower
There are fewer Hobart homes for sale now than there were last month or last year. And there are fewer new listings coming through to fill the gap. But this doesn't necessarily mean that budding buyers are starving for choice. REA Group's June Listings Report showed a 18.1 per cent decline in new Hobart listings when comparing June to May. Hobart was among five capital cities with a double-digit decline. Compared year-on-year, new listings in June were 7.5 per cent lower. Hobart's total listings figure was down by 8.1 per cent month-on-month and 6.4 per cent lower year-on-year. In regional Tasmania, the annual total figure was 4.8 per cent higher. However, the new listings year-on-year result was 1.4 per cent behind 2024. REA Group executive manager of economics, Angus Moore, said the market had entered the quieter winter season now, which is particularly pronounced in Hobart. 'This means we're seeing fewer new listings and less stock on the market,' he said. 'Even so, this June has been quieter than last year, and a bit quieter than average, though that comes off a busy first three months of 2025 and a busy spring last year.' Mr Moore said while there are fewer homes for sale this year compared to June last year, that mainly reflects that there was quite a lot of stock last year, not that choice is more limited this year. 'In fact, even with the decline we've seen year-on-year, there is far more stock available for sale than was the case during the pandemic, or during Hobart's late 2010s home price boom,' he said. 'Barring last year, the last time there was this much stock available during winter was 2016.' Meanwhile, SQM Research figures show 2931 listings across greater Hobart, including 559 that have been available for under 30 days. There were only 249 in the 30-60 day bracket; 308 in the 60-90 day range; 594 listed for 90-180 days; and 1221 have been on the market for over 180 days. Separate research by PropTrack shows houses in Hobart are selling 14 per cent faster now than they were a year ago (43 days on market), while units are selling 7 per cent faster (42 days). REA Group senior economist Anne Flaherty said days on the market are a clear indicator of how demand is tracking in a suburb. 'Where we see demand tracking up, we see days on market going down,' Ms Flaherty said. PropTrack statistics show the fastest moving suburbs in Hobart — for house sales — are Warrane (13 days), Glebe (18 days), Geilston Bay (20 days) and Mount Nelson (21 days). For units, the quickest suburbs are Moonah (16 days), Oakdowns (20 days) and Mount Stuart (22 days).
