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5 Montreal Real Estate Markets Where Prices Grew Over 15% Last Quarter

Which were the hottest condominium, single family home and 'plex markets in Montreal last quarter?

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Centris statistics for the first quarter of 2019 were published yesterday, showing that Montreal is still very much a seller’s market.

23,667 sales were concluded in the first quarter of 2019, an 8% increase compared to the Q1 of 2018, which average prices rising across all property markets.

Avg. Condo Appreciation (Q1) Condo Avg Price (Q1) Home Appreciation (Q1) Home Price
(Q1)
‘Plex Appreciation (Q1) ‘Plex Avg Price
(Q1)
Montreal Island 8% 320,000 5% 485,000 3% $568,000

 

Here are the 5 neighbourhoods with the highest price growth in the first quarter of 2019:

1. Detached homes in Ahuntsic

  • Appreciation rate: 22%
  • Average price: $623,000

2. Condos in Cote des Neiges / Notre-Dame-de-Grâce

  • Appreciation rate: 21%
  • Average price: $400,000

3. ‘Plexes in the South West

  • Appreciation rate: 19%
  • Average price: $582,000

4. Condos in Lachine

  • Average price: $265,952
  • Appreciation rate: 15%

5. Condos in the South West

  • Appreciation rate: 15%
  • Average price: $345,000

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This article, 5 Montreal Real Estate Markets Where Prices Grew Over 15% Last Quarter, appeared first on Shupilov News.

 

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