MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales surged 25.5 per cent in April compared with the same...
MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales surged 25.5 per cent in April compared with the same month last year, with levels returning to historical averages.
Meanwhile, the median price for a plex rose four per cent to $754,000 and the median price for a condominium rose 2.7 per cent to $400,598.QPAREB market analysis director Charles Brant says there was a "very reactive recovery" in April due to the expectation of an "imminent return to a downward cycle in interest rates" and price growth in the market that could follow.
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