GTA New Home Sales – January to August 2012

Year-to-Date (YTD) New Home sales as at August 31, 2012 are as follows:

High Rise: 13,591 sales; that’s down -25% from 2011 but up from 2010 and the 3rd highest sales we’ve ever recorded through the first 8 months of the year

Low Rise: 10,710 sales; that’s down -13% from the same period last year and the 2nd lowest sales of the last 13 years

Total New Homes: 24,301 sales; that’s down -20% from the same period in 2011 and down approximately -10% from the long term average for YTD sales at the end of August.

About Steven Hurst

VP Analytics, RealNet Canada
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