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Montreal home sales down 26% from last April: Quebec real estate association

Montreal home sales down 26% from last April: Quebec real estate association

BNN Bloomberg
Thursday, May 04, 2023 04:42:03 PM UTC

The Quebec Professional Association of Real Estate Brokers says Montreal experienced its lowest April sales level since 2000, aside from April 2020, at the beginning of the COVID-19 pandemic.

The association says last month's sales amounted to 3,755, a 26 per cent drop from April of last year.

New listings were down 11 per cent to 5,464 over the same period.

The median price of plexes fell by eight per cent to $720,000, and single-family homes posted a decline of seven per cent to $540,000, while condos tumbled five per cent to $390,000.

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