Trimart: Low-Rise Market to Blossom this Spring
By Lucas on Apr 11, 2014
Recently, Canada’s housing market has been experiencing “weather related weakness,” according to Trimart Research Corporation. But, February’s new low-rise housing stats are the beginning of something big. As of last February, building permits have outpaced housing starts for 11 consecutive months. To Trimart, this is a sign that spring is going to be a busy season of new releases and new openings across the Total Market Area!
Listed below are a few notable sites of February 2014:
Coming in first place on Trimart’s weekly report is Mattamy Homes’ Brampton community, Mount Pleasant North/Village, which saw a total of 93 sales last February. Mount Pleasant features 30’, 36’, and 38’ detached homes, three-storey towns, and village homes, ranging from 612 to 2,808 square feet. The homes are priced from $202,990.
Mattamy Homes also takes second place with their St. John’s Forest community in Aurora, which saw 16 sales in February. St. John’s Forest offers 30’ and 36’ detached homes, as well as a collection of townhomes. The homes range from 1,675 to 2,564 square feet and the prices start from $469,990.
For the rest of the positions on Trimart’s weekly report, we have a four-way tie, with each community seeing nine sales last February. One of them was Spring Valley, a Royal Pine Homes project in Brampton. Spring Valley features semi-detached homes and 38’, 40’, and 50’ detached homes, ranging from 1,615 to 4,560 square feet. Prices start from $413,900.
Another community that saw nine sales in February was Village of Southfields by Monarch, a Caledon community. Village of Southfields offers a great selection of townhomes and 43’ detached homes, ranging from 1,630 to 3,971 square feet. Prices can be found as low as $391,990.
The third community on Trimart’s report to achieve nine sales was Impressions, Fieldgate Homes’ Kleinburg project. Impressions features rear lane towns, 28’ semis, and 30’, 38’, and 44’ detached homes. The sizes range from 1,696 to 3,600 square feet and prices start from just $484,990.
The last community in the four-way tie is Starlane Homes’ offering at Upper Unionville in Unionville. Upper Unionville features semi-detached homes and 24’ townhomes, ranging from 1,618 to 2,095 square feet. Prices can be found as low as $550,880.
All information courtesy Trimart Research Corporation.
