another drop in inventory

qwlimited

August 01, 2008
( o. G6 |, j; l! g3 `) RWeekly Update on the Edmonton Real Estate Market

; h6 _; A' R! C: E& [/ Q2 yWeeklyupdateHere 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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. g) k' L7 X  T4 Q# Y3 B9 q* YNew listings: 528 (476, 599, 617)
* Y5 W- X9 o0 B+ r. }2 K# _! h# Sales: 296 (286, 293, 254)
1 p) W; Y( f0 r9 G5 p3 _6 GRatio: 56% (60%, 49%, 41%)
  j& _: I8 |$ r; [3 W; h+ m% ?# Price changes: 466 (480, 554, 511)
! E; r1 q8 _% @# Expired Listings: 608 (162, 270, 261)
# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)
Net loss/gain in listings this week: -418 (-35, -29, 47)
6 u- L; y) D0 ~$ ^* h* j+ ^  LActive listings for single family homes: 4007 (4206, 4236, 4242)
' ^, x  m7 l; |3 BActive listings for condos: 2708 (2914, 2910, 2901)
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! Z( V" [3 P3 \8 OI 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.
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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。