Jul 16, 2004 - June 2004 Sales Figures

January 18, 2005

July 16, 2004

June 2004 Sales Figures 
(Housing Statistics) New home sales show steady increase over 2003

Toronto— There were 3,422 new homes and condominiums sold in the Greater Toronto Area in June, a 17 per cent decrease over the same month last year. This brings total new home sales for the first six months of the year to 23,403, an eight per cent increase over 2003, announced Mark Parsons, president of the Greater Toronto Home Builders' Association today.

July 2004 PR graph

“With strong sales figures for the first half of the year, we are well on track to exceed 45,000 new home sales in 2004 for only the second time on record. This is a direct result of continuing low interest rates combined with plenty of choice in all product and price ranges in the new home market.

For the month of June, low-rise homes took 66 per cent of the market while high-rise apartments accounted for accounted for 34 per cent market share. Year to date, low-rise homes have accounted for 70 per cent of all new home sales with high-rise at 30 per cent of the market.

The top five municipalities were Toronto with 1,011 followed by Brampton, 520; Mississauga, 367; Markham, 243 and Richmond Hill, 191.

The new home sales were prepared for the GTHBA
by RealNet Canada Inc.

For further information:
Suzanna Cohen, Director of Communications 416-391-3450

June 2004 Sales Figures
Historical Sales (Adjusted Monthly)

Municipality

Low-
rise

High-
rise

Total

Month

Low-
rise

High-
rise

Total

Toronto
167
844
1011
Jun-03
2810
1331
4141
Brampton
517
3
520
Jul-03
2571
1106
3677
Mississauga
161
206
367
Aug-03
2394
762
3156
Markham
208
35
243
Sep-03
2704
849
3553
Richmond Hill
175
16
191
Oct-03
2727
1650
4377
Whitby
130
0
130
Nov-03
2822
1665
4487
Ajax
122
0
122
Dec-03
1619
689
2308
Vaughan
91
21
112
Jan-04
1964
683
2647
Oakville
105
3
108
Feb-04
2614
1088
3702
Newmarket
104
0
104
Mar-04
3282
1379
4661
Burlington
95
0
95
Apr-04
3231
1373
4604
Milton
79
0
79
May-04
2948
1419
4367
Oshawa
41
31
72
Whitchurch-Stouffville
70
0
70
Clarington
47
10
57
Aurora
40
0
40
Halton Hills
30
0
30
Caledon
17
0
17
Uxbridge
17
0
17
Georgina
14
0
14
Pickering
10
4
14
Scugog
5
0
5
East Gwillimbury
4
0
4
King
0
0
0
TOTALS: 2,249 1,173 3,422

Yearly Comparison by Region

Region

Low-rise
June 04

High-rise
June 03

Total
June 2003

Total
June 2004

% Change

Durham
372
45
464
417
-10%
Halton
309
3
488
312
-36%
Peel
695
209
910
904
-1%
Toronto
167
844
1,172
1,011
-14%
York
706
72
1,107
778
-30%

GTA:

2,249

1,173

4,141

3,422

-17%

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