Trimart: New Low-Rise Market on Track
By Lucas on Sep 04, 2013
As of the end of July, the Total Market Area has accumulated 10,489 new low-rise sales in 2013. This is 58% of Trimart’s annual forecast, which means the low-rise market is on pace to hit Trimart’s expected annual sales number by the end of the year. Fall is a seasonally busy period, and many new releases and openings are anticipated. This surge in inventory will surely keep the low-rise market steady for the remaining months of 2013.
Listed below are a few notable sites of the summer:
Placing first on this week’s Trimart report is Forestwood, a Milton community by Beaverhall Homes, which achieved 45 sales in its opening month. Forestwood features detached homes on 30’ and 45’ lots, as well as semi-detached homes. Sizes range from 1,469 to 3,273 square feet, and prices are starting at $419,900.
Coming in second, with 21 sales in July, is Wildflowers in Kitchener by Mattamy Homes. Wildflowers offers detached homes on 30’, 36’, and 45’ lots, as well as townhomes. Sizes range from 1,263 to 3,164 square feet, and prices are as low as $256,990.
Third place is taken by Fieldgate Homes with their Valleylands community in Brampton, which made 19 sales last month. Valleylands features detached homes on a variety of lot sizes ranging from 38’ to 70’, as well as Link Homes. Sizes range from 1,565 to 4,323 square feet, and prices start at $409,990.
Coming in fourth on Trimart’s weekly report, with 11 sales last month, is Grandview/Stonecrest by Great Gulf Homes in Oshawa. Grandview/Stonecrest features semi-detached and detached homes on 22’, 30’, and 36’ lots, with sizes ranging from 1,510 to 2,290 square feet. Prices are as low as $294,990.
And the final community highlighted on Trimart’s latest report is Orchard Park, a Stouffville community by Minto, which achieved nine sales last month. Orchard Park offers a variety of urban townhomes, terrace townhomes, and townhomes. Sizes range from 1,256 to 1,879 square feet, and the prices are starting at $339,990.
All information courtesy Trimart Research Corporation.
