fbpx

October 2020

Montreal Market Highlights September 2020 Montreal Market Highlights September 2020 as a continued sellers market. According to Centris, “With an average selling time of only 46 days in the Montreal area, a new record has been broken for a month of September, reflecting extremely tight market conditions in favour of sellers, including for properties that are less desirable in normal times.” The Island of Montreal had a 28 per cent rise in sales, surpassing Vaudreuil-Soulanges (+22 per cent) this month. In September, with inventories remaining low, sales across the Montreal CMA for single family homes posted the largest jump in sales at 47%...

photo by ©Bonnie Meisels Montreal Market Update Fall 2020 Montreal market update fall 2020 continues to show a seller's market across many categories. Inventories remain low, especially in single family homes and condos at a certain price point.  According to the Centris statistics report "No Summer Respite for Montreal’s Residential Real Estate Market as Sales and Prices Set New Records". "In total, 4,878 residential sales transactions were concluded in August 2020. This represents a 39 per cent increase compared to August of last year and the highest number of transactions ever recorded for a month of August since the Centris system began compiling market data...