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August 01, 20086 I, }: f) @1 D- i& K7 x# {
Weekly Update on the Edmonton Real Estate Market: B3 a4 M3 A; p. y @+ t
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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:% W9 x9 Z. N: Y/ X
; Q( V Q3 B/ ^2 I6 A3 [New listings: 528 (476, 599, 617)
8 p* r! M. ^0 s. c% `% d# Sales: 296 (286, 293, 254)% p |7 w6 B" b& @+ M" e
Ratio: 56% (60%, 49%, 41%), [- P B) ~ [
# Price changes: 466 (480, 554, 511)
4 v8 S. I! [: l8 ~/ l9 U1 Z# Expired Listings: 608 (162, 270, 261)
5 ~% r8 e- f1 e* P1 p0 C# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)( a6 C$ Y) t, U0 F, Z) M8 t
Net loss/gain in listings this week: -418 (-35, -29, 47)5 H% c2 [ V) @) m7 e& r
Active listings for single family homes: 4007 (4206, 4236, 4242)
$ \% b f U& I' T3 }) HActive listings for condos: 2708 (2914, 2910, 2901)' Q$ ~$ n3 R2 j; @8 P2 o2 D
9 _ s4 H ?! i0 y7 ~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.6 n& L: R: V0 F0 D
3 d; {6 ~9 L7 y& {- c; n0 }( gFor 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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