GMREB Video: Montréal Sales Surpass Record-Breaking 2007 Levels

Chief Executive Officer of the GMREB, Michel Beauséjour introduces November 2009 sales statistics versus Nov. 2008 and 2007. As he explains, they have compared last months sales with two years( 2007 and 2008), instead of just one because of the recession last year there was a drop of sales by 31% (remember the awful sales report from November last year?). Obviously, last year we were on the red, the minus, the negative. It wouldn’t be fair to compare a good year like this one with a slow one like 2008. Makes sense. So the best year before that was 2007. And according to this report, (and the point of my whole rambling) last month we’ve surpassed the Nov 2007 mark with a 4% increase. Not bad at all.

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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


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