another drop in inventory

qwlimited

August 01, 2008
6 O# Z' |$ b" T9 A6 q% I2 {: q9 xWeekly Update on the Edmonton Real Estate Market

WeeklyupdateHere is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:

; p* B9 T% \) o9 E6 eNew listings: 528 (476, 599, 617)
: w6 f& q4 l: ?, M# Sales: 296 (286, 293, 254)
0 M! I: ~9 w! E0 L- q/ C: e' t. X9 sRatio: 56% (60%, 49%, 41%)
# Price changes: 466 (480, 554, 511)
# Expired Listings: 608 (162, 270, 261)
" t1 A* n9 f& G' a2 ^2 _# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)
: M- z) ]3 K! M6 [' s% ~Net loss/gain in listings this week: -418 (-35, -29, 47)
  L' s% C/ u( M& j; ]Active listings for single family homes: 4007 (4206, 4236, 4242)
9 A5 O0 S2 i. S9 P) q( r% g7 \Active 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.

8 [1 R& t8 w1 x( a6 ~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。