another drop in inventory

qwlimited

August 01, 2008
0 ~5 x3 Y. j7 LWeekly Update on the Edmonton Real Estate Market

" O* `6 K% `6 i  }- d$ HWeeklyupdateHere is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:
6 a7 T" p2 d2 |3 x
* |' G; E6 B: _( m1 pNew listings: 528 (476, 599, 617)
" @! P+ A8 j6 t+ I. T# Sales: 296 (286, 293, 254)
4 ^7 ]& f% s  p7 ^. u' QRatio: 56% (60%, 49%, 41%)
# Price changes: 466 (480, 554, 511)
$ y8 S+ M- L7 C7 J6 n7 o7 T# Expired Listings: 608 (162, 270, 261)
& O3 O/ {8 u0 u  X# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)
" x9 Q# |' s- n- c5 `: b2 I/ `Net loss/gain in listings this week: -418 (-35, -29, 47)
# r8 p0 }, t  I3 G& W. b7 RActive listings for single family homes: 4007 (4206, 4236, 4242)
. v2 y% k9 A' J/ o- p1 W  EActive listings for condos: 2708 (2914, 2910, 2901)
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I know we promised a big day for stats today, and it is still coming. There has been a slight delay getting the daily stats up for the last day of July in the board's database, but I have their assurance the numbers will be up shortly. We'll get that to you asap.

- N6 l# J: a5 L8 s6 \/ T5 c0 A* r8 FFor now, we've got our weekly analysis. As is typical for the end of the month, there were a large number expiries, which accounted for another drop in inventory. The new listings to sales ratio remains higher than we've seen in previous weeks. Another interesting tid bit, there were a large number of condos that changed hands this week - 137 when the average for the last 5 months is 100. This is likely due to the number of people up looking for condos for their kids going to U of A this fall.

平安就好

好消息

青萝

好像是因为expired listing很多，所以才inventory减少的吧？sale/new listing ratio 没见增长。