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August 01, 20088 X/ \" M! c1 u6 i" [1 K6 a5 u L
Weekly Update on the Edmonton Real Estate Market( C6 m ^% ^9 r' a
4 E4 E9 j4 A& Z, iWeeklyupdateHere is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:$ T/ s+ s# N0 R) T
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New listings: 528 (476, 599, 617). l r; I* r. I% G8 I
# Sales: 296 (286, 293, 254)
; ~8 ^7 \' B+ `' B2 ?% B+ eRatio: 56% (60%, 49%, 41%)% w$ g# b' W( v1 ?1 w
# Price changes: 466 (480, 554, 511)
: U5 Z' q% {7 k3 t6 O4 o& ]6 {! @8 l# Expired Listings: 608 (162, 270, 261)
: r3 P" R& H$ I5 |8 x$ S# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)
4 H; {6 ~. ~) s7 y: H6 W8 MNet loss/gain in listings this week: -418 (-35, -29, 47)
y$ u' S% `, EActive listings for single family homes: 4007 (4206, 4236, 4242). ]1 b: ~+ c& ?3 G
Active listings for condos: 2708 (2914, 2910, 2901), |& p: F' B' |5 x
' X" B& {, Y! M7 _. p h5 u! S- oI 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.1 S0 e0 C5 U5 l1 y! C" \0 d
+ i0 Q8 I6 g Z( d3 z$ k# w& IFor 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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