February 2012 GTA New Home Sales

A quick look at new home sales for February 2012. For details please log in at http://www.realnet.ca

Total NH Sales: 2,579  (-30% from Feb.2011)

High Rise NH Sales: 913  (-59% from Feb.2011)

Low Rise NH Sales: 1,666  (+16% from Feb.2011)

So compared to previous years, high rise sales are well behind the pace set in the first 2 months of the previous 2 years (2011 was record high rise sales year) but still ahead of the first 2 months of 2007 (2nd best high rise year).

Low Rise sales so far this year are the second best ytd of the last 5 years and only slightly behind the pace set in 2010.

Back with more numbers soon…. (enter your email to be notified).

About Steven Hurst

VP Analytics, RealNet Canada
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