GTA New Home Sales – May 2012

Here’s the quick overview of GTA new home sales for May 2012.

High Rise: 1,733 sales for the 3rd highest May of the last 13 but 36% below May 2011 and 7% higher than sales in May 2010

Low Rise: 1,590 sales for the 3rd lowest May of the last 13. That’s down 15% from last May and up 4% from May 2010.

Total New Home Sales: That makes 3,323 sales for May 2012. That’s down 27% from last May and down about 11% from the long term average for the month of May.

Here’s the chart:

Back a bit later with the year to date (Jan. to May) new home sales totals. Add your email over there on the right side of the page to be notified automatically when new posts are published.

About Steven Hurst

VP Analytics, RealNet Canada
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