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The once scorching hot Toronto new home market continues to cool. BILD GTA, a trade group representing GTA home builders, numbers show prices slipping in February. The slip wasn’t large, but combined with rising inventory and falling sales could get worse soon. Last month was the fewest sales for the month of February since the […]
The post Toronto New Home Sales Fall To Lowest Level Since Great Recession appeared first on Better Dwelling.
New home prices are dropping across Canada, according to the national statistics agency. The Statistics Canada (Stat Can) New Home Price Index (NHPI) shows a price decline for this past January. The decline is the first negative print for the index since the Great Recession. New Home Price Index (NHPI) The NHPI is a home […]
The post New Home Prices Fall Across Canada For The First Time Since The Great Recession appeared first on Better Dwelling.
Greater Toronto new home sales are off all-time lows, but not far from it. Altus Group, a lobby representing homebuilders, noted a rise for new home sales in January. Last month may have seen an increase, but it was still very much below normal. Toronto Real Estate Prices Are Still Diverging Greater Toronto new home […]
The post Only 1 In 10 New Homes In Greater Toronto Were Bought Last Month appeared first on Better Dwelling.
If you’re looking for a new home in Greater Toronto, there’s a whack of supply that continues to rise. Altus Group numbers obtained from BILD show December inventory was the highest in years. The rising inventory came as the market saw the fewest new home sales since the Great Recession. Greater Toronto New Home Prices […]
The post Greater Toronto New Home Sales Fall To 2008 Levels, Inventory Up Over 38% appeared first on Better Dwelling.
