GTA New Home Sales for September 2011

High rise sales had their best September we’ve ever recorded and low rise sales had their 3rd lowest September of the last 12.

High rise product types saw 2,652 sales and low rise product types recorded 1,120 sales.

Here’s a historical comparison of High Rise, Low Rise, and Total New Home sales for the month of September.

We collect our data monthly, but we also just ended the third quarter of 2011, so here’s a comparison of Q3 2011 against previous third quarters back to 2000.

And while we’re at it we can take a look at new home sales so far year to date. The first 3 quarters of the year saw a record number of high rise sales at 20,729 units, 20% higher than the previous record set in 2007. That high rise sales total so far this year also represents an almost 61% market share of all new homes for high rise product types.

If you have any questions or need further information, please don’t hesitate to contact me or log into your account at http://www.realnet.ca as project information for all high rise and low rise projects greater than 15 units has been updated with information as at September 30, 2011.

About Steven Hurst

VP Analytics, RealNet Canada
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