
Montreal Home Sales Rise For First Time In Four Months

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Montreal-area home sales increased by 2.2% year-over-year in March, breaking a four-month decline. A total of 5,045 residential properties were sold, although this remains below the average for March over the past decade. Home prices rose across all categories, with single-family homes seeing a 6.9% increase in median price to $652,250. New listings rose by 11.2% to 8,574, and total inventory increased by 12.7% to 19,952 units. The sales uptick is seen as a positive sign for the Montreal real estate market amid broader challenges in Canada's housing sector.
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