Fourth-quarter real-estate sales up 9% in Montreal

The residential real estate market in the Montreal region grew by nine per cent between the fourth quarter of 2016 and the fourth quarter of 2017, according to the Quebec Federation of Real Estate Boards.

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The number of residential real-estate sales in the Montreal region during the fourth quarter was up nine per cent when compared with the equivalent period in 2016, according to the Quebec Federation of Real Estate Boards.

But it wasn’t the fastest-growing market in the province.

Trois-Rivières saw sales rise by 20 per cent during the same period.

In both markets, median prices rose by five per cent.

The number of active listings in the Montreal region was down 12 per cent from the fourth quarter of 2016.

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