Stability for Montreal housing market

Home sales in the Montreal CMA have remained stable according to the latest data from the Greater Montreal Real Estate Board. Sales were unchanged from a year earlier with 3,620 homes sold through the Centris database.

There was little change in the Island of Montreal (down 1 per cent), no change on the North Shore, a drop of 5 per cent in Laval and a 15 per cent drop in Vaudreuil-Soulanges. Meanwhile, the South Shore saw sales gain 10 per cent.

The median price of single-family homes throughout the Montréal CMA increased by 2 per cent compared to June of last year to reach $300,000.

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Market update:

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