爱城MLS库存量已达11000套

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MLS inventory hits 11,000
' ^  A  O  c6 NRecord number of homes for sale 21/2 times greater than last June's lineup
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Bill Mah, The Edmonton Journal
Published: 1:33 am
" ^- r0 t2 ]- q* h3 |8 uEDMONTON - A record glut of Edmonton-area homes for sale shows no signs of shrinking soon.
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  |* H/ M" W- J0 }At the end of May, 11,006 residential properties sat unsold on the Edmonton Multiple Listing Service, according to monthly statistics released Tuesday by the Realtors Association of Edmonton.
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% Q) N- T% A: s$ m6 Z$ k* ^( O/ DThat's up 400 homes from a month ago, and 21/2 times the inventory of the same time last year. At the current pace of home sales, that amounts to a six-month supply, twice the normal inventory.

Good news, if you're a buyer. For sellers, it means waiting an average of 53 days for a sale -- up one day from April.

"It's a great time right now to be purchasing, because the selection has never been better and the interest rates are low," association president Marc Perras said.
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, j) [( {* I* q# L, q# U& n! oPerras predicted the surplus will shrink to about 8,000 by the fall as homes sell or multiple homeowners rent out extra homes instead of trying to sell them.
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In May, 4,294 homes were added to the listings inventory and 1,821 homes sold. May sales were higher than same-month sales in 2003 and 2004, but fell short of May sales for 2005 to 2007, during a real estate boom.

) r$ j6 q9 m. \/ H, f) aDespite plummeting demand, prices have remained relatively stable.

2 u3 d3 v- L7 s% t  Q( \4 n; HPerras forecasts home prices will rise by an average of four per cent by year's end.

0 V8 H* E. J" |- E' n0 r/ \In May, the average (mean) price for all types of homes rose one per cent from April to $340,499. That price is down about four per cent from a year ago.
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0 U  D. B! E$ U5 D% `The May average selling price for a single-family dwelling was $383,167 -- down about 10 per cent from May last year.
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The median -- middle figure in a list of all sale prices -- selling price for a single-family home in May was $365,000, down 8.75 per cent year-over-year.

The average selling price for condos was $260,837 in May, down nearly two per cent from the same month last year.
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1 {% Z. }4 U2 z4 aPaul Messinger, a University of Alberta marketing professor, said the Edmonton real estate market appears to be following an economic model that says in times of high demand, prices get bid up rapidly.
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6 t" W; [/ R3 q8 P# }# wPrices are slower to drop when demand falls.
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"Now, when we are back closer to historical patterns, we see an adjustment where the slack is taken up not by price but by the inventory," Messinger said.
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: Y- [/ z* N- Z/ M"For years, Edmonton was one of the best real estate values in the country. Now we are much more in line with the rest of Canada in terms of price."

7 F" l  G: c2 S% ]$ r( y- Ihttp://www.canada.com/edmontonjo ... e-8b7d-c879e1aba77a

5 S( G/ v- P2 U3 A- \6 ^# \3 ~[ 本帖最后由 circle 于 2008-6-4 08:17 编辑 ]

roof

good....let's wait

kai517

let's wait  until the market crashes to the bottom.

flagship

哪位高人给解释解释阿?

潇洒哥

原帖由 flagship 于 2008-6-5 08:59 发表


: |; E) \5 v' W- r/ H& W, e哪位高人给解释解释阿?

catty

as one leader of Realtor Association said last year house owners list their house in summer for fun.
" M4 m6 f; W7 w8 zand house price will go up absolutely.

eagle2008

路过，关注一下