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New home sales in March continue record low trend

New condominium apartment sales were down 38 per cent from March 2023 and 73 per cent below the 10-year average.
home sales

CondoBusiness

GTA new home sales fell to 18-year low in 2018

In 2018, the GTA new home market saw the lowest total sales nearly two decades, according to the Building Industry and Land Development Association (BILD).

CondoBusiness

GTA new home inventory builds in April as sales slow

In April, the GTA’s new home market saw lower sales amid an increase in remaining inventory and declining prices, reports BILD.

CondoBusiness

GTA new home sales plunge 67 per cent in March

The new home market in the GTA experienced a quiet March, with sales plunging 67 per cent year-over-year to 1,960 total new home sales, reported BILD.

CondoBusiness

GTA’s 2017 new home sales strong amid falling inventory: BILD

In 2017, the GTA saw falling inventory, rising prices and strong new home sales, setting a record high in new condominium apartment sales, reports BILD.

CondoBusiness

GTA new home sales slow in November: BILD

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.

CondoBusiness

GTA new home sales fall 69 per cent in August

Sales of new homes in the GTA fell by 69 per cent year-over-year in August 2017, but year-to-date sales remain strong, reports BILD.

CondoBusiness

GTA new home sales slow as inventory declines

GTA new home sales slowed in July as the supply of new homes continued to fall and prices of available homes continued to climb, announced BILD.

CondoBusiness

GTA new home sales above average in 2015

There was strong demand for new homes in the GTA last year, resulting in the third-highest annual sales in the past decade, according to the

CondoBusiness

GTA high-rise sales up over last year: BILD

For the first time since 2012, low-rise sales have outpaced high-rise sales in the GTA for the first two months of the year, according to the Building Industry and Land Development Association (BILD). Up nine per cent from last year, new high-rise sales reached 1,333 units in February while low-rise sales totaled 1,465 units, a 17 per cent year-over-year increase.

CondoBusiness

GTA new home sales outpace 10-year average

According to the Building Industry and Land Development Association (BILD), sales of new homes and condominiums in the Greater Toronto Area were just above the 10-year average in January. In the high-rise sector, a total of 825 new condo sales were tracked for the month.

CondoBusiness

New home sales support job growth, economy

As stated in a report from RealNet Canada Inc. (RealNet), new home sales across the GTA increased by a substantial 41 per cent, year-over-year, in 2014. With 39,736 transactions, the new home industry created thousands of jobs for Canadians while ensuring further job retention for years to come, says the Building Industry and Land Development Association (BILD).