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Brampton - New Home Sales

By
Real Estate Sales Representative with iPro Realty Ltd., Brokerage
According to RealNet Canada, new home sales in the GTA are still quite healthy, with the price index up 5.1% for low rise projects, and 1.7% for high-rise projects. (June 06 vs June 07) In Brampton, there's quite a bit of inventory, particularly for detached homes in district W24 (east of Highway 410) where the price index was about $440K (compared to $392K in district W23, west of Highway 410). In contrast, the inventory of semi's, townhomes, and apartments is higher in W23 than W24.