Feb.1-14 sales results

google

Feb.1-14 sales results:
/ T# W# }# G1 }/ R6 j6 g* yhttp://www.bobtruman.com/Edmonton_SFH_stats/page_1918017.html
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The trend is down. The reasons are:
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2 C% E" F* S. `0 [% V. y" ?1. Single house inventary increased from last month 3511 to 3681.
- e* o& |6 S, u2. SP/SF (Sales price per sq ft)= $269 continue decreased. Lower than last Feb. $277
3. DOM (Days on Market)= 54 days, it is still high.
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$ H0 \0 f2 D* ]% I$ vIt is still buyer's market. I think more houses will be added into the market in the spring and buyers will have more choices at relatively lower price at that time.
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- W( f' z/ a( o1 ^/ A- T[ 本帖最后由 google 于 2008-2-15 21:08 编辑 ]

pacibridge

According to TD water house new updated report for Risk assessment of Real estate investment, Edmonton ranks number 1, Calgary number 2. Since Canada real estate price increased 6.2 in past 14 month in average, however Edmonton increased 114%, Calgary 77%, far higher average.
This risk indicator is calculated by other factor as well, such as potential marketing demands, potential listing qty. speculation index...

The conclusion is that: 1, To buy a house in edmonton as investment is risky, but it doesn't mean you can't make profit, sometime high risk brings high return. 2, Buying a house for self-use is not considered by this report, you can buy anytime as you want.

微笑

原帖由 pacibridge 于 2008-2-16 04:00 发表
% q# z9 @; h- ?8 L9 H) N3 Cin past 14 month,however Edmonton increased 114% ...

好像离事实很远。