Know Your Indicators

I just posted a new blog over at the realnet.ca site. Here’s the link to Know Your Indicators

To watch for new blog posts you can also follow me at @RealNetNewHomes on Twitter.

Posted in Data Use, GTA NH

May 2013 – GTA New Home Sales

We’ve replaced this blog with another on our RealNet.ca site however, currently there is no way to get automatic notifications of new blog posts.

Until that happens I’ll post links here so that you continued to be notified of new content.

You can also follow our new twitter account at @RealNetNewHomes for notice of blog posts and other interesting GTA residential development and new home data.

Please let me know if you have any questions or require additional information.

Here’s the May 2013 blog post. More to come soon.

http://www.realnet.ca/gta-new-homes-may-2013/

Thanks.

Steve.

Posted in Data Use, GTA NH

GTA New Home Supply

Some other details from our March 2013 GTA New Home data release earlier this week.

Year to date (Jan. to Mar.) 2013 new home sales are down significantly from the same period last year. So far this year High Rise new home sales are down -24% and Low Rise new home sales are down -43% from the first 3 months of 2012. An interesting point however is the dip in new Supply so far this year. New High rise projects openings (total units) are down -64% from the same period last year and new Low Rise supply (total lots released) is down -53% from the same period in 2012. This had new home remaining inventory dropping slightly from February 2013 to March 2013. However, March 2013 available inventory is still +8% higher than last year for High Rise units and 15% higher for Low Rise homes.

Below is an extract from our Monthly Market Report – March 2013 to which all RealInfo subscription clients have access.

monthly market report extract march2013

Posted in GTA NH

March & Q1 2013 GTA New Home Sales

The March and Q1 2013 new home market numbers for the GTA were released in a RealNet private client webinar this morning. The detailed market briefing delivered by George Carras (President, RealNet) with additional market presentations by TREB’s Jason Mercer, BILD’s Bryan Tuckey, and NBLC’s Barry Lyon will be posted inside the RealInfo application for download by clients.

In the meantime here are some of the highlights:

March 2013 New Home Sales:

High Rise: 1,120 sales; down -47% from March 2012

Low Rise: 973 sales; down -47% from March 2012

Total New Homes: 2,093 sales; down -47% from March 2012

realnet sales x mnth march2013

Q1 2013 New Home Sales:

High Rise: 2,931 sales; down -24% from Q1 2012

Low Rise: 2,639 sales; down -43% from Q1 2012

Total New Homes: 5,570 sales; down -34% from Q1 2012

realnet sales x q1 march2013

I’ll be back soon with new Supply and Remaining Inventory numbers. New Supply has dropped dramatically from Q1 2012 and remaining inventory (although still higher than the same time last year) has edged down from the recent highs of late last fall.

Posted in GTA NH

GTA New Homes – YTD 2013

Here’s a look at our year to date (Jan. thru Feb.) sales in 2013 as compared to the same period in previous years.

High Rise: 1,734 sales; down -2% from YTD 2012

Low Rise: 1,660 sales; down -40% from YTD 2012

Total New Homes: 3,390 sales; down -25% from YTD 2012

monthly historical nh sales feb13 v2_Page_2

Posted in GTA NH

GTA New Home Sales – February 2013

Here are the monthly sales figures for the GTA new home market for February 2013….

High Rise: 952 sales; down -7% from Feb. 2012

Low Rise: 1,078 sales; down -32% from Feb. 2012

Total New Homes: 2,030 sales; down -22% from Feb. 2012

monthly historical nh sales feb13 v2_Page_1

Back soon with the updated Year to Date totals…..

For subscribers to RealInfo, your full Monthly Market Reports (High Rise, Low Rise) are available on the Market Reports page after logging in to the service at http://www.realnet.ca

Posted in GTA NH

Crunching February Numbers…..

We’ll have the GTA New Home sales figures for February 2013 here on Tuesday….

 

 

Posted in GTA NH