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Quebec, Montreal saw real estate sales, prices drop

The Quebec Professional Association of Real Estate Brokers released its latest statistics Oct. 13 saying that "sharply rising interest rates are pushing toward a rapid cooling of the real estate

A look at international tuition fee exemptions in Quebec | Canada Immigration News

A look at international tuition fee exemptions in Quebec | Canada Immigration News
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Greater Montreal real estate market remains a hot sellers market with demand high and supply low

  MONTREAL Soaring prices and shortage of single-family units have caused Montreal-area real estate sales to drop in the month of June. The Quebec Professional Association of Real Estate Brokers (QPAREB) released its June sales statistics for the Montreal Metropolitan Area, and they show a seven per cent decrease in sales from June 2020 (4,619 units). “Residential sales in the Montreal area fell significantly in June, mainly due to a historic shortage of single-family homes available for sale and a sharp increase in prices that also extended to the condominium segment, said QPAREB market analysis department director Charles Brant. Brant added that single-family homes in Montreal suburbs were central to the strong numbers in June 2020 after the first COVID-19 wave. This year, those sales have dropped as the supply dipped and prices soared.

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