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August 01, 2008
8 \* N9 y' H$ p- DWeekly 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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) l9 ?# r9 |7 Y# }New listings: 528 (476, 599, 617)
+ G, V( J* `# h/ B" }$ F- f/ t S# Sales: 296 (286, 293, 254)
/ m8 X1 r8 T z% v0 S3 {Ratio: 56% (60%, 49%, 41%)
$ e( U$ A* n; \3 p0 k# Price changes: 466 (480, 554, 511)
% ]( s: B$ S# M0 R% [4 S3 T# Expired Listings: 608 (162, 270, 261)
" s, O4 f( i; O6 t E: o+ g, Q# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)+ {5 }# v, w6 P0 F& ?
Net loss/gain in listings this week: -418 (-35, -29, 47)
6 y( O: F" Y: ~Active listings for single family homes: 4007 (4206, 4236, 4242)0 [; M$ W6 g9 D5 ^
Active listings for condos: 2708 (2914, 2910, 2901)
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+ \" B# Q% k$ x& y: D& j2 y0 HI 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.. Q! r' T3 T& W+ N
2 x. q0 q& X% J) P- @2 W; K6 c6 H9 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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