another drop in inventory

qwlimited

August 01, 2008
Weekly Update on the Edmonton Real Estate Market
2 W( U* z! }& Z' {( {
+ s1 a3 v) U- wWeeklyupdateHere 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)
5 m: j$ t- l* G6 f: U+ |8 ]# e# Sales: 296 (286, 293, 254)
Ratio: 56% (60%, 49%, 41%)
# Price changes: 466 (480, 554, 511)
; f" E4 S8 Y% v0 y( e& Q* a7 v: H# Expired Listings: 608 (162, 270, 261)
$ s5 W  F8 f' ~5 T# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)
Net loss/gain in listings this week: -418 (-35, -29, 47)
: X% o( R% y+ l: Q' _9 lActive listings for single family homes: 4007 (4206, 4236, 4242)
" v9 l  C3 o, q6 p7 [9 T0 LActive listings for condos: 2708 (2914, 2910, 2901)

. ?4 P. k) ]1 x) zI 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.

, ^4 w" `' t' ^3 ~+ Q% j7 aFor 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。