GTA New Home Sales – June 2012

Here’s the quick look at June 2012 numbers. Q2 and H1 2012 numbers will follow…

High Rise Sales: 2,373 sales (down -21% from June 2011)

Low Rise Sales: 1,088 sales (down -37% from June 2011)

Total Sales: 3,461 sales (down -27% from June 2011)

Now for the historical perspective.

June 2012 high rise sales represented the 3rd best June of the last 13 and are about 30% above the long term average for the month of June.

June 2012 low rise sales represented the lowest June of the last 13 and are about 45% below the long term average for the month of June.

Total new home sales this June are about 9% below the long term average.

About Steven Hurst

VP Analytics, RealNet Canada
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