爱城MLS库存量已达11000套

circle

MLS inventory hits 11,000
Record number of homes for sale 21/2 times greater than last June's lineup

Bill Mah, The Edmonton Journal
( q; a; A6 h# q" GPublished: 1:33 am
2 [+ u) h; ?) v' a  X) }EDMONTON - A record glut of Edmonton-area homes for sale shows no signs of shrinking soon.
( U/ U/ b9 _' A
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.

+ i9 ~" I. q2 z4 TThat'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.
! N' \( O3 ^( M$ C
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.
, n% |- j  y* J5 c3 y! L
"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.

7 o5 Q% v$ w& _! Y7 @Perras 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.
0 M+ R% b9 r7 _, [! y+ K% A% J5 h
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.

1 A* q; _$ @; S/ D, E8 YPerras forecasts home prices will rise by an average of four per cent by year's end.
4 x7 J( x6 v% m$ N2 F  {5 [
" }! z8 @; f# \* aIn 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.

6 U8 A* t& ]1 O6 bThe May average selling price for a single-family dwelling was $383,167 -- down about 10 per cent from May last year.

The median -- middle figure in a list of all sale prices -- selling price for a single-family home in May was $365,000, down 8.75 per cent year-over-year.
% d5 X% c$ T$ V/ C  j8 v- T
The average selling price for condos was $260,837 in May, down nearly two per cent from the same month last year.

, Y" ~3 R. m8 |* t4 Q* x; B( NPaul 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.
" T0 c) ^/ X6 V
Prices are slower to drop when demand falls.
) t/ |5 t2 j9 \" X! E. i
"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.

: B* h5 A+ H* f7 l7 Q"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."
) z* y) J5 ]# s# l, d9 ?
http://www.canada.com/edmontonjo ... e-8b7d-c879e1aba77a
+ R  n6 ~7 o$ C& y+ R& f3 W
[ 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

8 Q  d4 H4 b# z5 P7 J9 M0 I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

( N" E) l/ x, H
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