Montreal home sales on pace with last July, above historical average: QPAREB
BNN Bloomberg
The Quebec Professional Association of Real Estate Brokers says July's Montreal home sales were little changed from a year ago but remained above the historical average for this time of year.
The association says sales for the month totalled 3,098, up one per cent from a year prior.
The association sees July as a sign that activity is picking up again after a "disappointing" June.
It says July was the first time since the summer of 2021 that the Island of Montreal drove activity in the market as sales of small-income and single-family properties picked up.
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Relief is ripping through financial markets after U.S. President Donald Trump said the United States has talked with Iran about a possible end to their war, despite Iran’s denials.