Home sales in the Montreal CMA increased again in September; the 18th gain in the past 19 months.

There were 2,757 sales through the Greater Montreal Real Estate Board’s Centris database in the month, up 4 per cent year-over-year. The largest gain was on the Island of Montreal with sales up 8 per cent.

“Sales have intensified on the Montréal area resale market in recent months and, at the same time, there has been a downward trend in the number of active listings,” said Daniel Dagenais, President of the GMREB Board of Directors.

Sales in the North Shore were up 4 per cent and South Shore saw a 3 per cent rise. However, sales declibed 7 per cent in Laval, the fourth consecutive month of falling sales; and in Vaudreuil-Soulanges sales were down 5 per cent.

Median prices were up 4 per cent for single-family homes to $304,000 and up 1 per cent for condos to $250,000.
 

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