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August 01, 2008 I3 s/ X7 S( U) e# l
Weekly Update on the Edmonton Real Estate Market3 o/ S- W' x" T& y
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WeeklyupdateHere 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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New listings: 528 (476, 599, 617)9 T8 p/ o. n, b2 x* e" f! S; u. V/ D
# Sales: 296 (286, 293, 254)
- J4 J* e+ y& M5 G* {# rRatio: 56% (60%, 49%, 41%) D+ Q! } H4 O9 m6 |0 p( R
# Price changes: 466 (480, 554, 511)
0 j- E8 M+ d/ g% }: u# Expired Listings: 608 (162, 270, 261)2 @0 ~3 O6 g' |5 ~4 J
# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)
' C/ m2 X$ x+ T# w: N& pNet loss/gain in listings this week: -418 (-35, -29, 47)
5 x1 d+ V4 W( \1 P: B F. u: \Active listings for single family homes: 4007 (4206, 4236, 4242)
) h" V1 E& m. Q+ ~- h# sActive listings for condos: 2708 (2914, 2910, 2901)6 J9 F% [1 V' s( R
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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.
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' c) D6 H* H+ W* u( x* H6 FFor 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. |
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