The Latest Montreal Real Estate Market Stats 2018
The latest Montreal real estate market stats 2018 reveal an accelerated and tight market. Inventories are lower and prices are higher. But, at the end of the day, the value is incredible. In what other large metropolitan Canadian city can you buy a nice condo, in a super location for between 350k – 450k?
Sales have been increasing month over month and don’t show signs of abating in 2018. It’s a great time to invest in our market despite the rise in prices as they’re still a bargain compared to Toronto or Vancouver.
According to the QFREB, our market is on fire! Check out this CBC article;
Montreal was one of Canada’s hottest real estate markets last year as low unemployment and economic growth translated into the area’s best sales growth in a decade. Total sales in the Greater Montreal Area increased eight per cent to 44,448 on the strength of condominium sales and good overall activity on the island of Montreal.
To see the latest Centris sales reports visit my market reports page: http://realestatemontreal.net/montreal-real-estate-market-reports/
Download some of the latest Centris and Qfreb real estate market reports and stats for 2018