Centris® Residential Sales Statistics – February 2015
Residential Real Estate Market for the Montréal Area: a Stable Month of February
Île-des-Sœurs, March 9, 2015 - The Greater Montréal Real Estate Board (GMREB) has just released its most recent residential real estate market statistics for the Montréal Census Metropolitan Area (CMA), based on the real estate brokers’ Centris® provincial database. In total, 3,281 residential sales were concluded in February 2015, which means the market remained stable (0 per cent) when compared to February of last year. Click here to watch the February 2015 statistics video.
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Geographically, the Island of Montréal stood out with a sales increase of 8 per cent compared to February 2014. The Laval and South Shore regions also experienced increases in activity, albeit more modest, with 3 per cent and 1 per cent respectively. Conversely, the North Shore registered a decrease in sales of 9 per cent while the Vaudreuil-Soulanges region suffered a decline of 24 per cent. This is the fifth consecutive monthly decline in sales for Vaudreuil-Soulanges.