Quote:
Originally Posted by chemgear
August (unofficial) numbers from http://calgaryrealestatereview.com/
The month-end average price for SFH was $445,617. This was down 4.1% from July and down 1.9% from August 2009. The median was $395,000 which was down 1.25% from both last month and the previous August when it was $400,000.
There were a total of 867 transactions which was lower than the 915 recorded last month and down 32% from the 1277 in August 2009.
Condos are roughly similiar. Prices down about 6-8% (median versus average) in the last 3 months. Inventory is still pretty stable at 6 months of supply with about 250 listings expiring at month end - would one describe this as "pent up supply?" |
Question - when do they record the transaction? When the offer is accepted, or on the closing date (often 1-2 months later)?