The BILD statistics for April 2014 are in, and RealNet Canada Inc. reports that the market continues to be strong and healthy.
In addition to that month seeing a 17 per cent increase over April 2013, year-to-date sales have increased 46 per cent, and high-rise sales are substantially higher than last year’s, which is wonderful news. BILD President and CEO Bryan Tuckey said, “Our industry continues to build quality, complete communities that people can afford to purchase. Year-to-date sales are well above the 10-year average, which means GTA residents continue to view the high-rise market as an affordable path to home ownership.”
The April stats follow first-quarter results for high-rise sales that were much higher than both 2013 and 2012. In addition, we have a lot of new condo launches coming later this spring and summer, so everything is looking up, up, up.
New condominiums are definitely a driving force in the new home marketplace. And, why not? Incredible transit- and pedestrian-friendly locations, amazing amenities, fabulous features and finishes, and prices that are much more attainable than low-rise homes.
If you are considering a move in the near future, consider a condo for the utmost in convenience and value!