Good morning Montreal! Nothing like a monday morning market and sale s chart to start your week of :) To give you a wider perspective on the quarterly market update: Montreal had 7,796 sales transactions, representing a 4% increase than last year's quarterly sales. Median prices (houses) reached $270,000, translating into 6% more than last year's. And overall, it was Quebec City who had … [Read more...]

We had had quite a busy summer this year. Although earlier on it was said that 2011 would not be as busy as last year's summer in terms of sale, it turned out to be a little better than expected.   June had 5% more sales than the year before and last month's sales were not lagging behind either. According to the Montreal Real Estate Board, 13% more sales were done this year in July compared … [Read more...]

MLS® Residential Statistics for the Montréal Metropolitan Area “There were 4,186 MLS® sales transactions in the Montréal Metropolitan Area in May 2011, a 4 per cent decrease compared to May 2010, according to the Greater Montréal Real Estate Board (GMREB). Despite this slight decrease in real estate activity, condominium sales actually increased by 4 per cent in May. ” While sales … [Read more...]

Properties in the Montréal Metropolitan Area were selling faster in August 2010 compared to the same period last year according to the Greater Montréal Real Estate Board's (GMREB) MLS® statistics. In August 2010, single-family homes in the Montreal area sold in an average of 69 days, 10 days faster than in August 2009. Condominiums sold in an average of 79 days, a decrease of 11 days. Plexes … [Read more...]