Trimart: Housing Starts on the Rise
By Lucas on May 14, 2013
The low-rise housing market in southern Ontario continues to show strong, stable growth, so reports the Trimart Research Corporation.
The Canadian Mortgage and Housing Corp's recent report shows that starts in March totaled 12,273, just slightly higher than in February, but also down 13 percent versus 2012. Despite the drop, the growth from month to month shows that the Canadian housing sector is adjusting to a healthier balance.
The following is a list of notable sales sites, as reported by Trimart Research Corporation:
Leading off this week’s Hotlist with 21 sales in March is Copper Hills South by Greenpark Homes. Located in Newmarket, within minutes of a variety of family oriented amenities, Copper Hills South features an array of detached homes on 36’, 41’, and 45’ lots, ranging from 2,616 to 3,634 square feet. The starting price at Copper Hills South is $593,990.
Second on this week’s Trimart Hotlist is Birkdale, a new project by our friends over at Monarch Group, which obtained 14 sales last March. Birkdale, located at Ellesmere Rd. and Midland Ave., features townhome units ranging from 1,881 to 2,301 square feet.
Third on the Hotlist is Southshore, a new low-rise community in Toronto by Minto. Located northwest of Lake Shore Blvd. West and Kipling Ave., Southshore features Urban Townhomes, ranging in size from 944 to 1,041 square feet, priced from $355,900. Southshore also features townhomes, ranging in size from 1,041 to 1,612 square feet, for as little as $357,900. Minto’s Southshore saw 12 sales last month.
Fourth on the Trimart Hotlist is W&E Widdicombe & Eglinton, a new townhome project in Etobicoke by Fernbrook Homes and Cityzen. Fernbrook and Cityzen had a strong month with eight sales. W&E offers Urban Townhomes, ranging in size from 632 to 1,492 square feet, priced for as little as $219,990.
Fifth on the Hotlist is Credit Manor Heights, a Brampton development by Regal Crest Homes, which achieved six sales in March. Located on Mississauga Rd. just north of Steeles, Credit Manor Heights features detached homes on 35' and 47' lots, and sizes from 2,120 to 3,939 square feet. Prices at Credit Manor Heights are starting at $522,900.
All information courtesy of Trimart Research Corporation.
