This market had the most active September in 8 years

by Steve Randall06 Oct 2017
There was a 6% annual rise in home sales in the Greater Montreal region last month with 2,893 units sold.

The Greater Montreal Real Estate Board says that it was the most active September in 8 years with four of the five main areas of the Montreal CMA showing increased sales, led by a 17% jump for Laval.

Vaudreuil-Soulanges (10%), the South Shore (7%) and the Island of Montréal (5%) also posted sales increases in September. Only the North Shore had lower sales, down 1% year-over-year.

The median price of single-family homes gained 5% year-over-year to reach $318,000; plexes gained 5%, reaching $475,500; and condos increased by 1% to reach $253,000.

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