So we’re now 5 months of data into 2012 and here’s our year-to-date numbers for new home sales in the GTA:
High Rise: 8,924 new high rise sales so far this year. That’s the 2nd best sales total for the first 5 months of a year in the last 13. But that’s down -22% from YTD2011 and up about +2% from the same period in 2010.
Low Rise: 8,040 new low rise sales in the first 5 months of 2012. That’s up +2% from the same period in 2011, but down -3% from YTD2010.
Total New Home Sales: 16,964 new homes sales during the first 5 months of 2012. That’s down -2% from the long term average sales pace for the period from January through May 0f 17,293 sales.
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