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Altus: Toronto New Home Sales Almost Double, Expected To Cool

Updated: Jul 21, 2020

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Altus Group | Better Dwelling

APRIL 27, 2020

Greater Toronto new home sales were busy last month but are expected to slow. Altus Group data shows new home sales nearly doubled last year’s volume in March.

The rise in sales was met with no new project launches, causing inventory to tighten. Many buyers shrugged off the pandemic, but the firm’s analysts expect the enthusiasm to fall off in the following months.

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By Altus Group, Better Dwelling.


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