another drop in inventory

qwlimited

August 01, 2008
2 X) i# F1 g/ h6 i, O0 M. f* IWeekly Update on the Edmonton Real Estate Market

4 k" c5 l* f, HWeeklyupdateHere is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:
7 |" ?9 P7 z$ C
3 P0 N1 O" N( qNew listings: 528 (476, 599, 617)
# Sales: 296 (286, 293, 254)
1 u2 M# j& P7 Q- y# W( o* ?Ratio: 56% (60%, 49%, 41%)
$ V, s: W+ b* D3 M0 [- {# Price changes: 466 (480, 554, 511)
' D2 Z' S- _8 F* Y5 D8 G7 ^1 N# Expired Listings: 608 (162, 270, 261)
$ V7 K; M- ^8 |2 h4 [) W# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)
Net loss/gain in listings this week: -418 (-35, -29, 47)
2 h0 U+ q, @. V+ _* |" pActive listings for single family homes: 4007 (4206, 4236, 4242)
' V: H0 Z8 a$ X" ^( X% r; jActive listings for condos: 2708 (2914, 2910, 2901)

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.
- b  X- Z: a- Q9 a8 k
For 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。