New home sales in Brampton, Milton, and Burlington off to a strong start

The latest report from Trimart Research Corporation highlights a few new low-rise sites across the Total Market Area (TMA) that saw strong sales recently, and it also goes into a bit more detail about the Canada Mortgage and Housing Corporation’s (CMHC) December 2016 housing starts report.

Urban housing starts were concentrated mostly in Ontario, where a 37% increase made up for the decline we saw in November. Quebec saw an increase of 12.5% while British Columbia dropped 10%, but that was after a month with a 70% surge. Trimart predicts that housing starts will continue to see steady growth throughout 2017.

Listed below are a few notable new low-rise sites:

Alton Village West by Sundial Homes

Placing first on this week’s Trimart Hot Spots list is Alton Village West, a new home community in Burlington by Sundial Homes. There were 31 sales at Alton Village West recently. The community features semis and 31’ and 36’ detached homes, ranging from 1,813 to 3,295 square feet. Prices start from $739,990.

Pinehurst by Brookfield Homes

Coming in second with 26 sales recently is Pinehurst, a new home community in Paris by Brookfield Homes. The community features 20’ townhomes and 36’ and 43’ detached homes, ranging from 1,340 to 3,160 square feet. Prices start from $344,990.

Valleylands by Fieldgate Homes

The third spot is taken by Valleylands, a successful community in Brampton by Fieldgate Homes. Last month, there were 11 sales at Valleylands. The 38’ detached homes range from 2,010 to 2,662 square feet and prices start at $889,990. being the top-seller of 2016, we expect to see a lot more new home sales in Brampton this year.

Westminster Highlands by Reid's Heritage Homes

Taking fourth with eight sales last month is Westminster Highlands, a new home community in Fergus by Reid’s Heritage Homes. The community features two-storey townhomes, bungalow townhomes, and 50’ detached homes, ranging from 1,223 to 3,048 square feet. Prices start at $319,900. Westminster Highlands has proven to be an excellent opportunity for both downsizers and first-time buyers.

Saddle Ridge by Greenpark

The final position on this week’s Trimart Hot Spots list is taken by Saddle Ridge by Greenpark Homes. This new Milton community saw five sales last month. The community features townhomes and 46’ detached homes, ranging from 1,578 to 3,466 square feet. Milton was one of the areas with the most new low-rise sales in 2016. There’s still plenty of room to grow, so we expect to see a lot of sales in Milton this year.

All information courtesy Trimart Research Corporation.