Prices increase in Montreal’s CMA in March: The Final Surge Before the Moderation of Prices Begins
The most recent market statistics for the Montreal Census Metropolitan Area (CMA) are based on the real estate brokers Centris provincial database.
- The most recent market statistics for the Montreal Census Metropolitan Area (CMA) are based on the real estate brokers Centris provincial database.
- The month of March has been characterized by a renewed increase in prices, around 17 per cent, for all categories combined, when compared to the same period last year.
- This new feverish surge, against a backdrop of overbidding, may be one of the very last ones.
- However, in this context of rising rates, the pool of potential buyers is shrinking, while prices are reaching new highs, he adds.