Blog

GTA High Rise Sales Month of April – Market Briefing

Since April 2011 was such a strong month, a comparison with past Aprils seems in order. April 2011 saw 3,249 high rise sales which is 43% higher than the previous high April which occurred in 2007.

The average April sales over the past 12 years is 1,523 – less than half of the level reached this year.

There were 1,955 new units released in 10 new projects this April. Not the most ever released in April but 20% above the average. What really powered the sales this month was the 3,414 new units released in 15 projects last month. It was the most units and projects ever released in the month of March.

GTA High Rise Sales - Month of April

GTA High Rise Sales - Month of April

 

 

Casey Ragan 

“Toronto’s Condo Authority”

Toronto Condos and Lofts

Find Me on Facebook

Follow Me on Twitter

Link to Me on LinkedIn

Address

RE/MAX Hallmark Realty Ltd., Brokerage
723 Mount Pleasant Road
Toronto, ON
M4S 2N4

Brokerage

 

Trademarks owned or controlled by The Canadian Real Estate Association. Used under license.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Information is deemed reliable but is not guaranteed accurate by TREB.

Toronto Real Estate Board - IDX Last Updated: 8/17/2017 1:51:56 AM