Montreal house sales up 8 percent in February
According to published research, home sales in Montreal have increased over the last year and have been continuously growing all year round.
According to the Quebec Association of Real Estate Agents, home sales in Montreal increased by 8 percent in 2018 compared to the previous year. Home sales reached 4,370 in the Shubat month.
Condominium sales increased by 14 percent. Condominium sales rose to 1.588.
Sales of plexes containing two to five units reached 339 as a multiplier of seven percent from February 2018.
The Quebec Association of Professional Realtors said the average home prices rose to $ 388.398 in Montreal – up 4.9 percent. Together with Montreal, they increased by 6.1 percent to reach $ 505,780 announced.
Prices for single family homes also increased. Prices increased by 3 percent year on year to $ 320,000. Median apartment prices rose to $ 250,000. The median plexes prices were $ 522,000.
Montreal or French Montréal is the largest city of Quebec and the second largest city of Canada. The city is the second largest French-speaking city after Paris. Although the population of the city center is 1.9 million, the population of the Montreal Metropolitan Region is 3,824,221 as of 2011.
Located in southwestern Quebec, Montreal is located 270 km southwest of the capital of Quebec, and 190 km east of Ottawa, the federal capital.
The city is located on the island of Montreal, at the point where the Ottawa and Saint Lawrence Rivers blend. As it stands, Montreal is an important port city on the Saint Lawrence Seaway, which connects the Great Lakes to the Atlantic Ocean.
McGill University, considered one of the most respected universities in the world, is in Montreal.
Source: canada.constructconnect.com, wikipedia
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