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Montreal home sales tick up as prices rise from last May: real estate board

Montreal home sales tick up as prices rise from last May: real estate board

BNN Bloomberg
Saturday, June 08, 2024 01:08:31 AM UTC

The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales rose 3.6 per cent in May compared with the same month last year, with levels slightly higher than the historical average for this time of year.

The association says home sales in the region totalled 4,563 for the month, up from 4,405 in May 2023.

The median price for all housing types was up year-over-year, led by a 6.8 per cent rise for the price of a plex at $780,000 last month.

The median price for a single-family home rose 4.6 per cent to $575,500 and the median price for a condominium rose 1.7 per cent to $410,000.

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