by Ainsley Smith | Toronto Storeys
Following two months of “historically slow” sales as a direct result of the COVID-19 pandemic, new home sales are starting to surge again in the Greater Toronto Area (GTA).
In fact, during the month of June, sales of new single-family homes – which includes detached, linked, and semi-detached houses and townhouses (excluding stacked townhouses) – accounted for 1,160 of the total of 1,904 new homes sold. This marks the highest number of transactions for June since 2016, according to a new report from the Building Industry and Land Development Association (BILD).
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By Ainsley Smith