resale statistics

CondoBusiness

GTA new condo sales slow in Q1 2015: report

According to the latest market report from Urbanation Inc., a total of 4,432 new condominium units were sold in the GTA during the first quarter of 2015, a decline of 10 per cent from the year prior. At the same time, unsold condos in pre-construction fell 16 per cent to 8,781 units and condos under construction fell to 7,059 units, a nine per cent year-over-year decline.