There were 1,752 total new home sales in July 2017, with 137 Low Rise sales, down -85% from July 2016 (down -86% from 10yr avg) and 1,615 High Rise sales, down -34% from July 2016 (up +4% from 10yr avg).
The New Home Benchmark Price tracks the average Low and High Rise home or unit price in the Greater Toronto Area for a particular month and compares it to the previous month in the same year and to the same month in the previous year.
As of July 2017, there were 117 active Low Rise sites in the Greater Toronto Area and the total unsold inventory was 1,713 lots. The total number of active High Rise sites was 246, with a total unsold inventory of 6,088 units.
Source : Altus
Maziar Moini, Broker of Record - Home Leader Realty Inc.
300 Richmond St. W., #300, Toronto, ON M5V-1X2
