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Chart of the Day: Private home sales in CCR declined in Q1

There was a 40.8% decline in private homes sold compared to the previous quarter. 

This chart from OrangeTee shows the decline in private home sales in the first quarter of 2022 for the Core Central Region. 

"OrangeTee Research & Analytics Private Residential Volume Sales"

Source: URA, OrangeTee & Tie Research & Analytics

OrangeTee cited URA Realis data in its latest Private Residential Trends report, which showed a 40.8% decline in private homes sold in Q12022 compared to Q42021, to 885 units from 1,444 units sold. 

The best-selling new condos in CCR for the quarter were Leedon Green, The Avenir, and Kopar at Newton (37 units).

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