Highlights – First Quarter 2021

Selling times


■ In total, 15,414 residential sales transactions were concluded in the first quarter of 2021 in the Montreal
CMA, which is a 6 per cent increase compared to the first quarter of last year. This was the 25th increase in
sales in the last 26 quarters, with the only decrease occurring during the first wave of COVID-19.
■ By property category, sales of single-family homes fell by 5 per cent in the first quarter of the year, with a
total of 7,589 transactions.
■ Sales of condominiums (6,243 transactions) and plexes with two to five dwellings (1,566 transactions)
strongly compensated for the drop in single-family home sales by posting respective increases of 18 and 29
per cent compared to the first quarter of last year.
■ By geographic area, sales on the Island of Montreal jumped by 19 per cent in the first quarter of 2021, after
experiencing a particularly sluggish year in 2020 (+1 per cent).
■ The North Shore, South Shore and Vaudreuil-Soulanges areas all registered a more modest increase in sales,
at 3 per cent.
■ Saint-Jean-sur-Richelieu and Laval posted decreases in sales of 9 per cent and 12 per cent respectively.
■ Sales of residential properties priced at over $1 million jumped by 86 per cent compared to the first quarter
of last year.

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