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August 01, 2008
) f; \& h: Y; \3 B; _0 _Weekly Update on the Edmonton Real Estate Market
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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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, X' E7 X8 @2 i5 [New listings: 528 (476, 599, 617)
& n9 G2 ~* X; g% j$ q2 `# Sales: 296 (286, 293, 254)3 a' u- K0 s) e9 {
Ratio: 56% (60%, 49%, 41%)) @+ z) f- K) n+ N
# Price changes: 466 (480, 554, 511)( H* O' ~# O! z4 _. g) G
# Expired Listings: 608 (162, 270, 261)
% l/ u( S' G, ]( ^# ^# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)
3 x7 i* s7 M, t) H4 |9 A; O2 \Net loss/gain in listings this week: -418 (-35, -29, 47)' E1 Y/ U+ j* k. F2 e, e
Active listings for single family homes: 4007 (4206, 4236, 4242) z. v; M0 g" {! J7 @
Active listings for condos: 2708 (2914, 2910, 2901)
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6 A* A, b* e5 I$ I3 A4 e! S* o6 ~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.# [* j! \+ J8 P5 d+ P- S3 O
# a1 k/ I1 H" w( rFor 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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