Montreal home sales drop 11% since last year: Brokers association
BNN Bloomberg
The Quebec Professional Association of Real Estate Brokers says June's Montreal home sales dropped 11 per cent since the same time last year, but the market is still favouring sellers.
The association says 4,078 homes changed hands last month, down from 4,589 last June.
The figures are below 4,333, the monthly sales average since 2017, and signal that the market is continuing to slow.
Single-family homes and condominiums saw nine per cent and 10 per cent drops in year-over-year sales, while 25 per cent fewer duplexes and triplexes were part of transactions.
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