Montreal home sales jumped 25.5% in April as expected rate cuts prompt recovery, real estate board says
The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales surged 25.5 per cent in April compared with the same month last year, with levels returning to historical averages.
The association says home sales in the region totalled 4,688 for the month, up from 3,734 in April 2023.
The median price for all housing types was up year-over-year, led by a 6.5 per cent rise for the price of a single-family home at $575,000 last month.
Categories
Recent Posts
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
Newly built condos in Vancouver are too pricey to sell, CMHC data show
Nova Scotia home was built in 1881 by seafaring captain
Stymied last summer, suburban Calgary homesellers regroup for March sale
Real’s Remax acquisition reignites debate over the future of brokerage models
Saskatchewan price surge threatens ‘affordability advantage,’ said SRA
Asking rents rise for larger units in Toronto: 'We simply don’t have enough'
eXp parent company acquires NextHome, begins trading as AGNT
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "