爱城MLS库存量已达11000套

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MLS inventory hits 11,000
1 q0 y3 C( H. M$ e4 j! f4 TRecord number of homes for sale 21/2 times greater than last June's lineup
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4 l6 r0 u$ B. D6 I6 b2 vBill Mah, The Edmonton Journal
) u% l1 w: Q$ x5 j! I; f( bPublished: 1:33 am
EDMONTON - A record glut of Edmonton-area homes for sale shows no signs of shrinking soon.
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% @' V( L# l+ I) z" N$ X( {At the end of May, 11,006 residential properties sat unsold on the Edmonton Multiple Listing Service, according to monthly statistics released Tuesday by the Realtors Association of Edmonton.

5 N2 \2 T$ k4 e' Z+ W- ?% t, P$ z% BThat's up 400 homes from a month ago, and 21/2 times the inventory of the same time last year. At the current pace of home sales, that amounts to a six-month supply, twice the normal inventory.
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Good news, if you're a buyer. For sellers, it means waiting an average of 53 days for a sale -- up one day from April.
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"It's a great time right now to be purchasing, because the selection has never been better and the interest rates are low," association president Marc Perras said.

+ i3 ^4 U4 |* Q: E+ wPerras predicted the surplus will shrink to about 8,000 by the fall as homes sell or multiple homeowners rent out extra homes instead of trying to sell them.
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& o7 T8 L* B, U; o  E8 ~In May, 4,294 homes were added to the listings inventory and 1,821 homes sold. May sales were higher than same-month sales in 2003 and 2004, but fell short of May sales for 2005 to 2007, during a real estate boom.

Despite plummeting demand, prices have remained relatively stable.
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- T' d( o+ N4 C; d2 qPerras forecasts home prices will rise by an average of four per cent by year's end.
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In May, the average (mean) price for all types of homes rose one per cent from April to $340,499. That price is down about four per cent from a year ago.

The May average selling price for a single-family dwelling was $383,167 -- down about 10 per cent from May last year.
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3 a* z' T1 Y0 f- m% kThe median -- middle figure in a list of all sale prices -- selling price for a single-family home in May was $365,000, down 8.75 per cent year-over-year.

The average selling price for condos was $260,837 in May, down nearly two per cent from the same month last year.

Paul Messinger, a University of Alberta marketing professor, said the Edmonton real estate market appears to be following an economic model that says in times of high demand, prices get bid up rapidly.
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- ]  r6 G/ L1 qPrices are slower to drop when demand falls.
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8 p1 W% t/ F# [% O+ L/ o9 I' V"Now, when we are back closer to historical patterns, we see an adjustment where the slack is taken up not by price but by the inventory," Messinger said.
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1 [5 |! p3 c5 Q+ n. w/ A"For years, Edmonton was one of the best real estate values in the country. Now we are much more in line with the rest of Canada in terms of price."
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http://www.canada.com/edmontonjo ... e-8b7d-c879e1aba77a
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0 a/ o3 L% v1 U( A% D7 b+ X* I[ 本帖最后由 circle 于 2008-6-4 08:17 编辑 ]

roof

good....let's wait

kai517

let's wait  until the market crashes to the bottom.

flagship

哪位高人给解释解释阿?

潇洒哥

原帖由 flagship 于 2008-6-5 08:59 发表


8 @* A$ ~# b* y" }! z4 f8 F# E8 i哪位高人给解释解释阿?

catty

as one leader of Realtor Association said last year house owners list their house in summer for fun.
and house price will go up absolutely.

eagle2008

路过，关注一下