another drop in inventory

qwlimited

August 01, 2008
Weekly Update on the Edmonton Real Estate Market

& n- w. A. m8 d  t8 v! YWeeklyupdateHere is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:
  W% ~4 f0 I3 K8 |- }' R
& \/ l: D0 k  _3 h; m- t& j4 eNew listings: 528 (476, 599, 617)
$ R9 S# p6 m) O# Sales: 296 (286, 293, 254)
# v7 B5 i7 C. [% o% @0 i( vRatio: 56% (60%, 49%, 41%)
# Price changes: 466 (480, 554, 511)
+ d* B9 ], Z6 F" H# S# Expired Listings: 608 (162, 270, 261)
: O; f( K. t$ L2 [9 K7 x9 r# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)
8 c( m8 e' x# s! [Net loss/gain in listings this week: -418 (-35, -29, 47)
Active listings for single family homes: 4007 (4206, 4236, 4242)
' _) f9 U; l# i- zActive listings for condos: 2708 (2914, 2910, 2901)
9 I0 {/ w0 ~( }
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.

0 C+ M& P6 W  k- f& sFor 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。