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August 01, 2008$ w6 @6 z- a6 i3 P- J6 m% H: w- ]
Weekly Update on the Edmonton Real Estate Market
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% m* k. L i4 m5 n/ {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)" `8 u+ [! O7 I# h/ s/ [
# Sales: 296 (286, 293, 254)
$ k7 ?/ s: w' v' S3 d( P: P3 }5 HRatio: 56% (60%, 49%, 41%)+ u8 X9 x# m7 O: l* @, H* |
# Price changes: 466 (480, 554, 511)
& i0 H4 P3 m$ ?& _ b/ H' S6 D; ?# Expired Listings: 608 (162, 270, 261)/ P- z' n4 g8 I* a/ c6 ~
# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)& f8 B5 D3 f4 }1 ~1 N( n9 o
Net loss/gain in listings this week: -418 (-35, -29, 47)
& v3 I# n% Z3 v) g/ E- t' Q5 tActive listings for single family homes: 4007 (4206, 4236, 4242)) w$ @2 [; H5 h8 ^
Active listings for condos: 2708 (2914, 2910, 2901)6 [( [9 [+ D& M# _8 H6 k a# K
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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.$ l1 _$ P. p: r- m
# n4 t9 Y7 Z8 @: A& M6 h6 OFor 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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