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August 01, 20087 z+ B6 ]" h, ^! \7 l6 F N- ^: Z1 b9 j
Weekly Update on the Edmonton Real Estate Market1 z0 `; N( d/ r0 N5 p3 w/ V `
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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:. A& _2 U( z% u
( E" V( n1 Z( M9 T7 Q _ LNew listings: 528 (476, 599, 617)
0 Z( P% t. ?! T* R: v5 H# Sales: 296 (286, 293, 254)
# m4 B [& K# x# e, n# n( cRatio: 56% (60%, 49%, 41%)1 D% n/ h5 f }! p8 G/ D, y
# Price changes: 466 (480, 554, 511)9 d# |' E+ R" Y0 u @: k/ J: U
# Expired Listings: 608 (162, 270, 261)) J, z/ s( X# [* S/ o
# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)
' Y4 @' `6 v* W+ P4 C- ~Net loss/gain in listings this week: -418 (-35, -29, 47)1 j! M5 x: c* T6 H1 f
Active listings for single family homes: 4007 (4206, 4236, 4242)
* z( K$ n" s5 r8 r- r: kActive listings for condos: 2708 (2914, 2910, 2901)3 o; _; N1 G, z; W# `0 s/ P
# F" C7 E3 a+ R, y( v8 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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' D1 V. i6 A# P eFor 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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