Update on the Real Estate Market in Montreal - Nov.2012

The Provincial Real Estate Board has declared a 7 % decrease in sales compared to Oct. 2011. This decreased is based on statistics of the provincial database and has affecred the Greater Montreal Area and North-Shore Region.

The decrease is in the number of sales and not on the value ($$ price) of properties. We are going into a softer market for the Greater Montreal Areas and Nort-Shore areas. The decrease in sales was detected in single family homes as well as condos and revenu properties.

In a softer market only the STRONG survive... Be selective when chosing the broker that will sell your home. Marketing, experience, knowledge of the profession are key elements to look at before making your decision. Do not forget " YOU GET WHAT YOU PAY FOR" very true.

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George Plessas

George Plessas

Certified Real Estate Broker
CENTURY 21 Groupe Kafena
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