another drop in inventory

qwlimited

August 01, 2008
Weekly Update on the Edmonton Real Estate Market
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* s5 w5 q% j" R) OWeeklyupdateHere is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:

+ U, l8 t0 U& N1 \& Q3 t7 |New listings: 528 (476, 599, 617)
# v) k9 Q" Z6 V+ ?7 {# Sales: 296 (286, 293, 254)
Ratio: 56% (60%, 49%, 41%)
  t0 o1 E# j$ ~. C3 s  L# Price changes: 466 (480, 554, 511)
: p" W( e1 N" H4 s$ x# Expired Listings: 608 (162, 270, 261)
' i, U3 X; L* Q) c5 I# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)
Net loss/gain in listings this week: -418 (-35, -29, 47)
Active listings for single family homes: 4007 (4206, 4236, 4242)
4 L! }! }# I& q" c( w% T, N, S" sActive listings for condos: 2708 (2914, 2910, 2901)
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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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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。