GTA New Home Sales – January through April 2012

Looking at year to date new home sales numbers for the GTA we find the first third of the year compares quite well with historical sales figures for total new home sales.

High rise sales saw their second highest total for the first 4 months of the year with 7,047 new units sold, down -20% from the year to date total of 2011.

Low rise year to date sales of 6,305 units was up 4.5% from the same period last year but down -26% from the long term average.

Total new home sales so far in 2012 are remarkably in line with the long term average for new home sales, down just -1.2% from the 13 year average for the first 4 months of the year.

About Steven Hurst

VP Analytics, RealNet Canada
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