another drop in inventory

qwlimited

August 01, 2008
1 g& t# T8 e7 R" FWeekly Update on the Edmonton Real Estate Market

) r, Z( d  n) \WeeklyupdateHere is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:
% d, W% {( w, m" H3 \2 x
& {9 I  s! v/ q2 ?8 r2 Q3 cNew listings: 528 (476, 599, 617)
8 |+ E, _4 w6 C. o# Sales: 296 (286, 293, 254)
4 j1 f. K' ^4 C$ E( dRatio: 56% (60%, 49%, 41%)
  ?3 D/ A/ q; W/ R) @+ M# Price changes: 466 (480, 554, 511)
# Expired Listings: 608 (162, 270, 261)
7 w" @: I! T- V* ^# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)
Net loss/gain in listings this week: -418 (-35, -29, 47)
3 U, \) [/ u- rActive listings for single family homes: 4007 (4206, 4236, 4242)
: \$ ?" h7 f; Q& J; K. F8 NActive 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.
/ h5 A5 r' M# H/ u; p3 p: H
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。