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August 01, 2008
8 H; V) b2 _8 j" GWeekly Update on the Edmonton Real Estate Market! k5 j7 ^+ t/ x8 r
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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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- b7 p9 T( j+ @ dNew listings: 528 (476, 599, 617)# d8 v- M. I7 g3 O
# Sales: 296 (286, 293, 254)* p2 @, i0 L* R/ h7 p4 p- P
Ratio: 56% (60%, 49%, 41%)3 `. W: M) _6 x/ b; ^; B- w
# Price changes: 466 (480, 554, 511)4 o' T2 N" [- H( g9 z; s$ u
# Expired Listings: 608 (162, 270, 261)$ c, d& Q2 G3 ?+ J1 j
# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)0 P. m( ?0 e$ G; |0 }; c
Net loss/gain in listings this week: -418 (-35, -29, 47)9 U* {0 E) r! N/ L) A' r! w8 F1 Q
Active listings for single family homes: 4007 (4206, 4236, 4242)5 ]( w8 j! Z( D% \# S1 W6 G
Active listings for condos: 2708 (2914, 2910, 2901)
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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.. D1 t' l& |3 E6 A2 Q* ]
+ {6 Y7 X5 n$ l6 tFor 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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