Second Consecutive Increase in Residential Sales in September 2013 - condos up 13% Plexes 18% and 4% for single family home

October 9, 2013 - The Greater Montréal Real Estate Board (GMREB) today released its residential sales statistics for the Montréal Census Metropolitan Area (CMA). According to the real estate brokers’ Centris® provincial database, 2,393 residential sales transactions were concluded in September 2013, an 8 per cent increase compared to September 2012 and the second consecutive increase in sales following last month’s rise of 3 per cent.

“All three property categories registered an increase in sales in the Montréal CMA, for the first time since May 2012,” said Diane Ménard, Vice-President of the GMREB Board of Directors. “Plexes took the lead with an 18 per cent jump in sales compared to September of 2012,” she added.

Condominium sales registered their second consecutive increase in September 2013, growing by 13 per cent. And finally, after being the only property category to register a decrease in sales in July and an unchanged sales level in August, single-family homes registered a 4 per cent increase in sales compared to September of last year.

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Marlene Ofter

Marlene Ofter

Certified Real Estate Broker
CENTURY 21 Max-Immo
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