another drop in inventory

qwlimited

August 01, 2008
Weekly Update on the Edmonton Real Estate Market

) @0 ~1 p/ s  o) s. U! z, ^WeeklyupdateHere is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:

New listings: 528 (476, 599, 617)
# Sales: 296 (286, 293, 254)
; e6 l# S' X& J: {' F7 pRatio: 56% (60%, 49%, 41%)
; f2 O  `% n% p' d# Price changes: 466 (480, 554, 511)
6 X2 y* A0 K4 K) V" L# Expired Listings: 608 (162, 270, 261)
2 e+ I0 v# z$ H3 }# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)
Net loss/gain in listings this week: -418 (-35, -29, 47)
. }: C  w+ K: K- i' V! v) LActive listings for single family homes: 4007 (4206, 4236, 4242)
# X$ Q" q2 `$ SActive listings for condos: 2708 (2914, 2910, 2901)
& W. w1 @" I4 t" T" A  \4 s! c$ [- w
  Z- S9 x8 `2 {/ L" i8 ^, a/ 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.
5 o* {% _2 _/ x7 g
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。