Montreal home sales jump 26 per cent in December, median price up nine per cent
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Digital Subscription
One year of digital access for only $205*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*First annual payment billed as $205.00 + GST for one year. This annual subscription will automatically renew at $233.00 + GST every 52 weeks (10% off the regular annual price of $259.35). Offer available to new and qualified returning subscribers only. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 08/01/2020 (2400 days ago), so information in it may no longer be current.
MONTREAL – The Quebec Professional Association of Real Estate Brokers says Montreal area home sales hit a record volume for December after jumping 26 per cent from a year earlier.
The association says there were 3,533 residential sales for the Montreal Census Metropolitan Area with gains in all six main areas.
Julie Saucier, CEO of the association, says the strong momentum at the end of 2019 suggests a dynamic start to the new year.
Sales jumped even as the number of active listings was down 24 per cent in December from a year earlier to 14,440, for the 51st consecutive month of declines.
Higher sales with less availability helped push up the median price of a single-family home by nine per cent to $355,000, a similar price rise to past three months. The median price of a condo rose five per cent from a year earlier to $285,000.
For the year, single-family home sales were up seven per cent and the median price up six per cent, while condo sales were up 14 per cent and prices up five per cent.
This report by The Canadian Press was first published Jan. 8, 2020.