COMFREE Nov Stats

水管工

ComFree Statistics - November 2007

; S! a6 f/ N; @) t# z2007 November Year to Date
New Listings 356 8153
Sales (units) 124 3707
- Q7 T+ E+ U6 X: d$ P/ f. QValue of Sales $44.8 M $1.30 B
Ave. Days on Market 59   
Average Sale (single family) $388,400   
3 T* X3 i$ b& X8 u$ N( e/ FAverage Sale (condo) $258,200   
- V$ i! Y  J, \. S5 U9 G" LCurrent Inventory 3060   
Commission Saved* $1.65 M* Total: $54.9 M*
*Based on a 7%/3% commission split

* T& {& u1 N$ Y8 w+ ~# PInventory Finally on the Decline
0 U; I$ {! W" f: r  t
9 _/ T4 z! O- sFor two consecutive months, housing inventory in Edmonton has been on the decline. Inventory levels had been on the rise since January and hit a record high in September with over 13,000 homes for sale in the Edmonton area. At the end of November, ComFree's inventory of 3060 listings contributes to Edmonton's total inventory of 11,727 listings.

After an exciting 2006, with record low inventories and record high prices, anyone following Edmonton's real estate market wondered what would be the ceiling? Where would things stop - or would they? 2007 started strong, but inventory levels were on a steady climb. The law of supply and demand meant that increased inventory would trigger a decrease in prices. Thus, 2007 saw a price correction as market forces worked to find equilibrium.
) x& C" o( x5 \: }
3 Z% d: D+ J( N! `7 f  l"What we are learning from many of our clients is that they are changing their mind about selling. Many are deciding to hold onto the property, rent it out or simply wait until a later date to sell. They are waiting to see what 2008 looks like for the Edmonton real estate market," says Erin Holowach, President.

# x' z9 D. Y7 L1 G# O"With Edmonton continuing to lead the nation in economic growth, homeowners can rest assured that Edmonton's real estate outlook is strong." Erin believes, "The market is going through a correction and with spring we expect a more balanced market. A more balanced market will allow both buyers and sellers to take the necessary time to be successful in any real estate transaction."

, A6 |9 |  {& \  N+ k- Erin Holowach -
President, ComFree Commission Free Realty

fancycat

补充一下：

9 [: {( Q% O1 p9 U& H. ~6 m: X5 b! L11月，独立房，$388，400， condo $258，200， 库存 3060
$ `* r  b- ^1 V: W' S
10月，独立房，$409，175， condo $269，315， 库存 3108

TDBank

5%的跌幅

人生几何

跟10月份一样，又跌了不少。

随心生活

看样子，这个冬天挺冷