Montreal House Prices Reach All-Time High | Jovi Realty
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News | 10-13-17

Montreal House Prices Reach All-Time High

Author Ray Wang

Montreal house prices have reached an all-time high according to recent reports.

The aggregate prices of houses and apartments have increased $384,055, according to the Royal LePage House Price Survey. This is a 6.6% increase compared to the same period last year and a 3.2% increased compared to the last quarter.

Central Montreal had the biggest price growth, according Dominic St-Pierre, Royal LePage’s senior director for the Quebec region.

The median price of a two-storey house increased by 7.2% compared to the last quarter to $740,214. This is a 19.2% increased in comparison to the same period last year.

This has ultimately made Montreal a seller’s market. If you have any questions about purchasing investing in a Montreal property for the long-run, please send us an email at info@jovirealty.com.