Montreal-area home sales jump 36% in January as interest rate cuts entice buyers
The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales rose 36 per cent year-over-year in January.
The association says home sales in the region totalled 2,812 for the month, up from 2,063 in January 2024, and 10 per cent higher than the historical average for January.
The association’s market analysis director Charles Brant says buyers are continuing to return to the market in large numbers, motivated by significant interest rate cuts in recent months as well as new homeownership measures.
Categories
Recent Posts
No, aging baby boomers will not trigger a glut of suburban homes for young families
Edmonton-founded Initia moves 1,000 agents to eXp Realty
Great Expectations!
The accidental recruiter: From passive recruiting to purposeful growth
Multiplexes: Making real estate accessible again
Remax faces continued pressure ahead of Real takeover
The city at the top of mortgage delinquency, NDAs silence some buyers, the Home of the Week and more top real estate stories
End unit townhouse in White Rock sells to lone offer after slow price decline
Nova Scotia home was built in 1881 by seafaring captain
Stymied last summer, suburban Calgary homesellers regroup for March sale
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "