Low financing rates as well as a boost in employment are positively influencing the present real estate market!

Variation by geographic area

All of the CMA’s main areas registered an increase in sales in April 2015 compared to April 2014:

  • The Island of Montréal posted a 19 per cent increase in sales;
  • The North Shore, the South Shore, Laval and Vaudreuil-Soulanges registered respective increases of 10, 9, 8 and 2 per cent.

Statistics by property category

  • Plexes with 2 to 5 dwellings registered the largest increase in sales (+15 per cent);
  • Single-family home sales jumped by 14 per cent;
  • Condominium sales rose by 9 per cent.

Prices

All property categories registered an increase in April:

  • The median price of single-family homes grew by 2 per cent compared to April of last year to reach $289,000;
  • The median price of condominiums and plexes both increased by 3 per cent to reach $231,950 and $441,750, respectively.

Number of properties for sale

Although the upward trend continued, to the tune of 4 per cent in April, this was the smallest increase in the number of active listings in more than four years in the Montréal area.

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