Here are the numbers from our May 2013 monthly update on the GTA new home market:
High Rise: 1,272 sales; down -33% from May 2012; down -22% from 10 yr. avg
Low Rise: 1,267 sales; down -26% from May 2012; down -33% from 10 yr. avg.
Total New Homes: 2,539 sales; down -30% from May 2012; down – 28% from 10 yr. avg.
For further information on the new home market at the end of May 2013 please see the short explanatory video from RealNet President, George Carras. For RealNet clients, please log into RealInfo and view expanded coverage of May results in GTA NewHomes Stats Reports section.