By Altus Group | March 27, 2020

Our new home data shows that prior to the uncertainty due to the COVID-19 situation, new homes sales in the GTA were on track for a strong performance in 2020.

It was the strongest February since 2004 for sales of new single-family homes, including detached, linked, and semi-detached houses and townhouses (excluding stacked townhouses). With 2,247 new single-family homes sold, sales were up 228 per cent from last February and 44 per cent above the 10-year average.

Read more findings from our market data in BILD’s monthly new home market data release.

 

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