Jun 17, 2004 - May 2004 Sales Figures

January 18, 2005

June 17, 2004 - May 2004 Sales Figures
(Housing Statistics) May new home sales maintain pace

Toronto— Sales of new homes and condominiums remained strong throughout the Greater Toronto Area in May. A total of 4,420 homes were sold, up 2 per cent over last May, Mark Parsons, president of the Greater Toronto Home Builders' Association revealed today.

“For the year to date, total sales are up 14 per cent from last year’s numbers. Sales have been buoyed by the high-rise apartment sector which is up 41 per cent year over year. High-rise sales in York and Peel regions are particularly strong, more than doubling over 2003, while the city of Toronto has increased at a more modest rate of 22 per cent,” said Parsons.

May new home sales, prepared for the GTHBA by RealNet Canada Inc. were split 68 per cent low-rise and 32 per cent high-rise. The top five municipalities were Toronto, 1,021; Mississauga, 589; Brampton, 497; Markham, 426 and Richmond Hill, 336

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

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

May 2004 Sales Figures Historical Sales (Adjusted Monthly)

Municipality

Low-
rise

High-
rise

Total

Month

Low-
rise

High-
rise

Total

Toronto
153
868
1021
May-03
3229
1123
4352
Mississauga
186
403
589
Jun-03
2818
1335
4153
Brampton
496
1
497
Jul-03
2571
1111
3682
Markham
374
52
426
Aug-03
2394
763
3157
Richmond Hill
294
42
336
Sep-03
2711
854
3565
Whitby
216
0
216
Oct-03
2735
1653
4388
Vaughan
170
38
208
Nov-03
2842
1669
4511
Ajax
158
0
158
Dec-03
1621
693
2314
Milton
148
0
148
Jan-04
1967
692
2659
Oshawa
137
0
137
Feb-04
2615
1091
3706
Oakville
122
7
129
Mar-04
3296
1386
4682
Burlington
115
2
117
Apr-04
3256
1392
4648
Clarington
105
4
109
Whitchurch-Stouffville
73
0
73
Newmarket
67
0
67
Pickering
51
6
57
Halton Hills
43
0
43
Aurora
36
0
36
Caledon
27
0
27
Uxbridge
13
0
13
Georgina
7
0
7
King
0
3
3
Scugog
3
0
3
East Gwillimbury
0
0
0
TOTALS:
2,994
1,426
4,420

Yearly Comparison by Region

Region

Low-rise
May 04

High-rise
May 03

Total
May 2003

Total
May 2004

% Change

Durham
683
10
495
693
40.0%
Halton
428
9
670
437
-34.8%
Peel
709
404
1,073
1,113
3.7%
Toronto
153
868
1,056
1,021
-3.3%
York
1,021
135
1,058
1,156
9.3%

GTA:

2,994

1,426

4,352

4,420

1.6%

Copyright © RealNet Canada.