Montreal Real Estate Blog » GMREB

How’s the Market: Montreal Sales Going Strong – March 2012

Deya Bautista — Mon, 16 Apr 2012 12:15:48 +0000

The numbers for March sales are out!. The Montreal Real Estate Board informs us of the tenth consecutive monthly increase.
“MLS® sales increased by 4 per cent compared to March 2011, making March 2012 the second best month of March on record, identical to March 2007.”

Sales wise….

Something a little different happened with the property types. Usually it’s the condo market that always has the lead in terms of sales.

Continue reading: How’s the Market: Montreal Sales Going Strong – March 2012

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 http://montrealrealestateblog.com/

How’s the Market: February 2012 – MLS Sales Stats

Deya Bautista — Fri, 09 Mar 2012 19:00:41 +0000

It is that time of the month when numbers and percentages are released by the MLS and Montreal Real Estate Board database. According to their latest report, there was a 9% sales increase throughout the Montréal Metropolitan Area as compared to February 2011. The ninth consecutive increase and the strongest one since April 2010.

Here is the point-form scoop:

Active listings grew by 13%
Condos are still on the sales lead, for the 23rd consecutive month
Continue reading: How’s the Market: February 2012 – MLS Sales Stats

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 http://montrealrealestateblog.com/

How’s the Market: January 2012 vs Jan2011 Stats

Deya Bautista — Sat, 25 Feb 2012 19:54:25 +0000

The Greater Montreal Real Estate Board released the numbers from last month, and according to their report, January brought a 1% increase in sales for the markets in Vaudreuil-Soulanges, South shore and North shore. The montreal area had, however, a drop in sales

Continue reading: How’s the Market: January 2012 vs Jan2011 Stats

December 2011: Year Ends with More Sales

Deya Bautista — Thu, 02 Feb 2012 13:03:49 +0000

December marks the 7th consecutive monthly increase in existing-home sales. Compared to sales from December 2010, in 2011 there were 7% more sales according to the Greater Montréal Real Estate Board (GMREB).

From all the areas that had increases; Vaudreuil-Soulanges (+39%), North Shore (+28%), Laval (+9%) and the South Shore (+2%). Only the Island of Montréal had a decrease in sales (-4%)

Continue reading: December 2011: Year Ends with More Sales

How’s the Market? Montreal Sales and Prices November 2011

Deya Bautista — Mon, 12 Dec 2011 15:40:41 +0000

http://www.youtube.com/watch?v=mKp12Mv-oFs

The november numbers are out already!

This time from the Montreal Real Estate Board. We had 3% more sales than in Nov 2010.
All property types had sales increase and prices went up by 4%.

Watch the video to get the details. I’m still working on the transcript!
If you’re not able to watch the video from your email, here is the permalink:

http://montrealrealestateblog.com/market-stats-nov2011/

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How’s The Market? Provincial Third Quarter Update

Deya Bautista — Mon, 31 Oct 2011 11:04:15 +0000

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 the most action in the resale market: 7% more sales, and a price increase of 5%. Their homes are still considerable affordable at 227,000. Which is almost imposible to find now here in the island.

That’s it for now. We’ll be waiting for the new monthly stats and I will keep you posted!

Keeping track of the Market? Subscribe to the Montreal Real Estate Blog for free updates!

And don’t forget to join our new Market Report Newsletter.

Market Update: September Condo Sales Stayed Strong

Deya Bautista — Mon, 24 Oct 2011 11:35:27 +0000

The Greater Montreal Real Estate Board (GMREB) released the latest numbers, comparing last’s years market performance and price increases to this year’s.
September 2011 had 1% more sales than September last year. Condos had 8% more sales, but the single family homes and plexes were down in sales.

They also mentioned that sales were down on the North and South Shore respectively. With all the traffic and problems with infrastructure happening, it was expected to hear the south shore isn’t doing so well in sales.

But back to the main topic, and as it has been for the past few months. The condo market it’s still on the lead:

“Once again, the increase in sales in the Montréal Metropolitan Area can be attributed to the performance of condominiums. Sales of condominiums were particularly vibrant in Laval (+40 per cent) and on the Island of Montréal (+10 per cent).

Now, let’s talk prices….

The median prices have increased (of course) and here are the numbers:

Single Family homes: $266,750 – 6% more than last year.
Condos: $220,000 – an increase of 2%
Plexes; $400,000 – a 6% increase.

Now, if you see the condo’s increase it is only by 2%- price wise, but the sales were up for a lot more than that.

Looking to sell your condo? Contact me for a free appraisal!

Click here to view the complete article from GMREB

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And don’t forget to join our new Market Report Newsletter.