Montreal, Quebec City home sales hit record highs in January: QPAREB
by The Canadian Press
Last Updated Feb 2, 2021 at 3:14 pm EDT
Montreal and Quebec City home sales reached record highs in January, even as the regions contended with strict lockdowns and curfews to curb COVID-19.
The Quebec Professional Association of Real Estate Brokers says Montreal sales climbed to 3,971 in January, up 17 per cent from 3,398 the year before.
Quebec City’s sales reached 829, a 16 per cent jump from 713 in 2021.
The price of a single family home edged up by 23 per cent to hit $434,000 in Montreal and by 11 per cent to reach $282,000 in Quebec City.
MONTREAL People in Montreal and Quebec City bought a record number of homes at the start of the year, but had fewer options to choose from. The Quebec Professional Association of Real Estate Brokers said Tuesday that Montreal sales climbed to 3,971 in January, up 17 per cent from 3,398 the year before. Quebec City s sales during the same month reached 829, a 16 per cent jump from 713 in 2021. The record highs show that house hunters weren t deterred from snatching up properties even as the province contended with strict lockdowns and curfews meant to keep Quebecers home and curb COVID-19. Despite more severe health restrictions, January continued in the footsteps of 2020, said Charles Brant, director of market analysis at the QPAREB, in a statement.
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The Quebec Professional Association of Real Estate Brokers (QPAREB) released on January 15 its residential real estate market statistics for the Montreal Census Metropolitan Area (CMA), based on the real