another drop in inventory

qwlimited

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

  R' s- [: Y7 o! h" p5 _; XWeeklyupdateHere is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:
/ n3 R  t7 {' q, ]* e, b
- Z/ j2 K8 u+ O! BNew listings: 528 (476, 599, 617)
3 q6 {( R6 {8 r* v# Sales: 296 (286, 293, 254)
0 r( b/ _) F& I/ P1 s: PRatio: 56% (60%, 49%, 41%)
' J& m' X1 p9 @. O9 f( ]) J# Price changes: 466 (480, 554, 511)
( B1 v% r; {& ~. P% K# Expired Listings: 608 (162, 270, 261)
# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)
Net loss/gain in listings this week: -418 (-35, -29, 47)
. b$ W+ K# t! s" u9 k; ]& pActive listings for single family homes: 4007 (4206, 4236, 4242)
Active listings for condos: 2708 (2914, 2910, 2901)

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.
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7 `  p3 h0 b" M! CFor 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。