Housing Prices to Keep Rising

A report from CMHC affirms that housing prices will keep rising in Montreal until at least 2019, according to an article published by the Montreal Gazette last October 26, 2017.

The report states that “rising demand, combined with declining supply, will cause market conditions to tighten again and become increasingly favourable to sellers.”  CMHC has also said that it expects the demand for property to be driven by increasing full-time employment rates among people aged 25 to 44.

You can read the full article here:  http://montrealgazette.com/news/local-news/housing-prices-in-montreal-to-keep-rising-until-at-least-2019-cmhc

Mike Trotta

Mike Trotta

Certified Real Estate Broker
CENTURY 21 Excel
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