Montreal sees 'shift in market dynamics' as home sales and prices slip

The median price of a single-family home in Montreal in July was $550,000, down $30,000 from the April peak, according to data from the Quebec Professional Association of Real Estate Brokers. Prices, however, are still 10 per cent higher than last year at this time.

The number of homes changing hands also slumped, with sales dropping 18 per cent from the year before to a total of 3,080 during July. The board added that as interest rate hikes continue, the market slowdown is “showing signs of intensifying.”

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Montreal sees 'shift in market dynamics' as home sales and prices slipSales down 18% from last year I don’t see it in the listings. Go buy a home, you will be outbid Wait for it.Within a few years,it’s s going to hit Canadians HARD!Either start saving all ur disposable income or sell your property now if you can!Gov officials are afraid of the incoming decentralized movement and Web 3.0 where the ppl will be in full control of their property Oh no! Think this might affect homes in Papineau? If so, Trudeau will be doing all he can to fix that! TrudeauCorruption
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