Home sales in Montreal CMA have hit their highest November since 2011. The Greater Montreal Real Estate Board says that there were 2,779 residential sales concluded in the month, an 8 per cent rise compared to a year earlier. It was the ninth consecutive month of gains for the market.
“After eleven months, cumulative results for the year show a 6 per cent increase in sales compared to the first eleven months of last year,” said Daniel Dagenais, President of the GMREB Board of Directors. “This means that, in 2015, we are on track to register the first annual increase in sales in five years on Montréal’s residential real estate market.” Read more.....http://www.whichmortgage.ca/article/four-year-high-for-montreals-november-sales-200468.aspx