Catching up with the market updates. August’s market report is not out yet, and while we wait for the new numbers, here is a quick review on how the previous months performed: In terms of sales and active listings, the months of June and July were quite similar.
Compared to 2009, both months had a decrease in sales.
June’s total sales were down by 19%, while July’s decrease was 26%.
There was also a decrease of the active listings during these two months: 10% less for June and July followed with -7%.
Regardless of the slow market, the median prices of went up.
In June, median prices for Single Family Homes, Condos and Plexes* increased by 8%.
July median prices shows an increase of 5% for Single Family Homes, 8% for condos and 9% for Plexes*
* Plexes (2 to 5 dwellings)
View the complete reports: June 2010 | July 2010. Source: GMREB
Posted by: Deya Bautista - Real Estate Broker working as part of the McGill Immobilier team. Specializing in high end condos in downtown and Old Montreal. For buying or selling contact Deya at: 514.917.7889 
Everything is too expensive, where should i look to get a deal for a house in montreal ?
Remi there are still good prices in Montreal. You’ll have to adjust your budget to the size of the property and area.
In the east end, there are affordable houses. Check out RDP, for sure you’ll find something there that matches your budget