December Montreal Home Sales Strong

Home sales in the Montreal, QC, Census Metropolitan Area (CMA) hit new records in December with an increase of eight per cent over December 2019, says the Quebec Professional Association of Real Estate Brokers. There were strong sales increases in periphery markets, including Saint-Jean-sur-Richelieu (51 per cent), the North Shore (49 per cent), Laval (33 per cent), the South Shore (31 per cent), and Vaudreuil-Soulanges (25 per cent). By property category, sales of plexes and single-family homes jumped by 35 per cent, while sales of condominiums rose by 26 per cent. The region had a sharp increase in active listings for condominiums (18 per cent) and plexes (15 per cent), numbers that have not been seen for a month of December since 2012 and 2011, respectively. In contrast, active listings of single-family homes fell 44 per cent.