New home sales in the GTA fell slightly in November as condos continued to comprise most of the sales and a record low number of new single-family homes were sold, finds BILD.

New home sales climbed in the GTA in October, largely driven by sales of multi-family homes, condo apartments in high-rise and mid-rise buildings and stacked townhomes, says BILD.

In June, the Greater Toronto Area’s new housing market continued to climb with condo sales in the region reaching a new record high, reports BILD.

In April, demand for new homes in the GTA continued to outpace supply, driving up prices for all types of available new homes, says BILD.

The average price of new condominium apartments in stacked townhouses and mid- and high-rise buildings in the GTA reached a record $507,511 in January, says BILD.

July 2016 saw the average price of a new low-rise home in the GTA exceed $900,000 for the first time, according to BILD.