New homes sales down in the GTA by 26%!

According to a report disclosed on Wednesday by "the Building Industry and Land Development Association", New home sales in the GTA were down by 26 % in June compare with the same time last year.

My opinion is" even so the higher interest rate and increased building costs are a factor, the H.S.T is the major cause for this slowdown".

 

 

Cesare Parete

Cesare Parete

Sales Representative
CENTURY 21 Leading Edge Realty Inc., Brokerage*
Contact Me