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Total New Home Sales 32,824 in 2012

The latest BILD/RealNet press release is available HERE

Below are the highlights – you can also download the full statistical backgrounder HERE

 

SUMMARY HIGHLIGHTS & PERSPECTIVES

December Sales Results
5th highest November High Rise sales on record (13 yrs.)
2nd lowest November Low Rise sales on record (13 yrs.)
2nd lowest Total November new home sales on record (13 yrs.)

2012 Sales Results
4th highest yearly High Rise sales on record, +14% higher than the long term average
2nd lowest yearly Low Rise sales on record, ?40% lower than the long term average
2nd lowest Total yearly new home sales, ?18% lower than the long term average

RealNet Index Price
High Rise Index Price +0.4% increase from prior year
Low Rise Index Price +16% increase from prior year

Remaining Inventory
Remaining High Rise inventory at 3rd highest level on record
Remaining Low Rise inventory at 2nd highest level since Dec. 2010 but still very low
Remaining Total new home inventory within the long term normal range

Source: RealNet Canada

 

Casey Ragan

“Toronto’s Condo Authority”

Toronto Condos and Lofts

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Address

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

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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: 8/24/2017 2:33:39 AM