another drop in inventory

qwlimited

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

4 G( Q7 D5 o: B1 A3 w0 ?" f" `" kWeeklyupdateHere 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)
6 q3 \- f' L$ q" gRatio: 56% (60%, 49%, 41%)
$ {! F, _  S+ L. I2 U# Price changes: 466 (480, 554, 511)
# Expired Listings: 608 (162, 270, 261)
, v, P6 e. o' t* M7 x1 f7 H# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)
  [! _, Y  c5 K$ p' t6 t. GNet loss/gain in listings this week: -418 (-35, -29, 47)
& A, g) Y( o' t9 OActive listings for single family homes: 4007 (4206, 4236, 4242)
Active listings for condos: 2708 (2914, 2910, 2901)

! @! E( ]6 w& L' h3 UI 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.
: n8 R0 ?5 \8 D! ~' T+ b( 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。