L’ÎLE-DES-SŒURS, QC, Dec. 4, 2015 /CNW Telbec/ – 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, 2,779 residential sales were concluded in November 2015, an 8 per cent increase compared to November of last year. This was the ninth consecutive monthly increase in sales and the most active month of November in four years. Click here to watch the November 2015 statistics video.
“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,” he added.
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Sales by geographic area
Sales by property category
Prices
Number of properties for sale
For a second consecutive month, the number of properties for sale on the real estate brokers’ Centris® system fell by 2 per cent in November. In October, the decrease put an end to the upward trend in supply that had existed for more than five years.
About the Greater Montréal Real Estate Board
The Greater Montréal Real Estate Board is a non-profit organization with close to 9,300 members: real estate brokers. Its mission is to actively promote and protect its members’ professional and business interests in order for them to successfully meet their business objectives.
About Centris®
Centris.ca is Québec’s real estate industry website for consumers, grouping all properties for sale by a real estate broker under the same address. Centris®, a division of the Greater Montréal Real Estate Board, offers technology resources exclusively to Québec’s 12 real estate boards and their 13,000 real estate brokers.
For November 2015 statistics charts, click here.
For year-to-date statistics charts, click here.
SOURCE Greater Montréal Real Estate Board
