Montreal-area home sales up in February amid ‘resurgence of overbidding’, real estate board says
Montreal-area home sales rose 7.4 per cent in February compared with the same month a year ago amid a “rapid absorption of active listings.”
The Quebec Professional Association of Real Estate Brokers says 4,088 homes in the region changed hands last month, up from 3,807 in February 2024.
The median price for all housing types was also up year-over-year, led by an 8.9 per cent gain in the price of a single-family home at $600,000. The median price of a condominium increased 6.3 per cent to $420,000, while the median price of a plex rose six per cent to $790,000.
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