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August 01, 20085 z; U( I8 Z% q% `( x
Weekly Update on the Edmonton Real Estate Market
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$ g) v% v5 R. p7 Q+ \WeeklyupdateHere is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:
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New listings: 528 (476, 599, 617)
- y0 A- T. }$ U y# Sales: 296 (286, 293, 254)& C6 g3 ?" [$ v" ?3 D
Ratio: 56% (60%, 49%, 41%)/ ?0 F5 [2 I Z% y5 r8 D. I, S
# Price changes: 466 (480, 554, 511)
, P: ]5 b& y0 ]/ l4 J7 Q' }# Expired Listings: 608 (162, 270, 261)+ q7 [0 U! j* K; L" ]0 X& H
# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)
: Y' A# [$ o, sNet loss/gain in listings this week: -418 (-35, -29, 47)
, {+ j% _* }" b& ?. k/ S+ K2 ZActive listings for single family homes: 4007 (4206, 4236, 4242)/ [7 t, A$ a) `& r; b- m
Active listings for condos: 2708 (2914, 2910, 2901)' m* @( [0 u# D8 P5 k
3 q: F+ i! u% u8 a3 E7 G3 ?" @. \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.$ Z! W5 ]3 \0 x$ {# Q; a9 T1 f
) }0 u6 w0 R7 s3 S3 K7 x3 nFor 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. |
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