L'ÎLE-DES-SŒURS, QC, Feb. 6, 2017 /CNW Telbec/ - The Greater Montréal Real Estate Board (GMREB) has just released its most recent residential real estate market statistics for the Montréal Census Metropolitan Area (CMA), based on the real estate brokers' Centris® provincial database. In total, 2,244 residential sales were concluded in January 2017, a 5 per cent increase compared to January of last year. This was the most active month of January since 2012. Click here to watch the January 2017 statistics video.
For more information, please visit www.homepriceindex.ca.
"January's sales increase can be largely attributed to the number of condominium transactions, which jumped by 21 per cent compared to January of last year," said Daniel Dagenais, President of the GMREB Board of Directors. "What's more, condominium sales increased in all geographic areas and in all price ranges," added Mr. Dagenais.
Sales by geographic area
Sales by property category
Prices
Number of properties for sale
The number of properties for sale (28,280 active listings), all property categories combined, dropped by 14 per cent in January across the Montréal CMA. This was the sixteenth consecutive monthly decrease.
About the Greater Montréal Real Estate Board
The Greater Montréal Real Estate Board is a non-profit organization with more than 9,000 members: real estate brokers. Its mission is to actively promote and protect its members' professional and business interests in order for them to successfully meet their business objectives.
About Centris®
Centris.ca is Québec's real estate industry website for consumers, grouping all properties for sale by a real estate broker – more than 90,000 – under the same address. Centris®, a division of the Greater Montréal Real Estate Board, offers technology resources exclusively to Québec's 12 real estate boards and their 13,000 real estate brokers.
For January 2017 statistics charts, click here.
SOURCE Greater Montréal Real Estate Board
Source: Manon Stébenne, Manager, Communications and Public Relations, Greater Montréal Real Estate Board, Tel.: 514-762-2440, ext. 157, [email protected]; For more information: Nathalie Rochette, Assistant Manager, Communications and Public Relations, Greater Montréal Real Estate Board, Tel.: 514-762-2440, ext. 238, [email protected]
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