another drop in inventory

qwlimited

August 01, 2008
7 Q/ D6 U' R7 k3 ?% Z3 B* i3 c7 q  {Weekly Update on the Edmonton Real Estate Market

WeeklyupdateHere is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:

New listings: 528 (476, 599, 617)
. a7 C$ s. l, ~4 y% G# Sales: 296 (286, 293, 254)
Ratio: 56% (60%, 49%, 41%)
# Price changes: 466 (480, 554, 511)
) y7 e. h7 @3 l' f- ~* x3 U# X# y# Expired Listings: 608 (162, 270, 261)
# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)
3 V+ F& }. G+ j8 V% i& p) ENet loss/gain in listings this week: -418 (-35, -29, 47)
Active listings for single family homes: 4007 (4206, 4236, 4242)
Active listings for condos: 2708 (2914, 2910, 2901)
8 s& y$ J  y" d$ |9 e0 P/ O
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.

- }5 s, q+ R1 N; f( }. x" DFor 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。