GMREB news: MLS® Sales Levels Return to Normal in the Montréal Area

le-des-Sœurs, October 13, 2010 – There were 2,704 sales transactions in the Montréal Metropolitan Area in September 2010, a decrease of 13 per cent compared to September 2009 but a level similar to those registered from September 2003 to 2008, according to the Greater Montréal Real Estate Board's (GMREB) MLS® statistics.

“We were coming out of the recession last September and the real estate market was particularly active,” said Diane Ménard, Vice-President of the Board of Directors of the GMREB. “More than 3,000 transactions took place last September, the highest number of sales ever recorded in a month of September. This year, the market has returned to normal and sales levels are similar to those seen from September 2003 to September 2008,” she added.

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Marlene Ofter

Marlene Ofter

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