Real Estate Market Up By 5% in June
The number of real estate transactions concluded through the real estate brokers’ Centris® database increased by 5% in Québec in June 2017 compared to June of last year.
Sales rose by 13% in the Sherbrooke Census Metropolitan Area (CMA), by 10% in the Montréal CMA, and by a slight 1% in the Québec City CMA. In contrast, sales fell in the Saguenay (-2%), Trois-Rivières (-2%) and Gatineau (-11%) CMAs.
As for median prices across the province, that of single-family homes and condominiums increased by 3% compared to June of last year, while the median price of plexes fell by 2%.
Here is the median price of a single-family home in the province’s six CMAs in June 2017, along with the percentage change compared to June of last year:
- Montréal: $328,000 (+9%)
- Québec City: $252,000 (0%)
- Gatineau: $240,000 (-1%)
- Sherbrooke: $199,950 (-4%)
- Saguenay: $185,000 (+3%)
- Trois-Rivières: $159,000 (+4%)