Local News

Les ventes résidentielles grimpent à Montréal et à Québec

Radio-Canada05.07.2025
Les ventes résidentielles grimpent à Montréal et à Québec
Photo: Radio-Canada
TL;DR
The Montreal real estate market has slowed down, with home sales dropping by 15% in October compared to last year. People are cautious due to rising mortgage rates and prices that remain high, even with some reductions. The most affected areas are seen in more affordable segments, as higher interest rates discourage first-time buyers. Meanwhile, the luxury market remains relatively stable. Experts anticipate that the market might stabilize but don't expect significant price drops, suggesting sellers and buyers should be prepared for a slower, more balanced market.

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