November home sales in Montreal area jump 13 per cent

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November home sales in Montreal area jump 13 per cent GlobeBusiness

The combined pressures pushed the median price of a single-family up home up six per cent from a year ago to $350,000, while the median condo price was up nine per cent to $290,000.

Sales activity was especially strong in the Vaudreuil-Soulanges area, up 48 per cent, and Saint-Jean-sur-Richelieu, up 41 per cent. The association says homes were sold in the fewest number of days since 2004. Single family homes were sold on average in 58 days, down 14 days from a year earlier, and condos were sold in 70 days, down 25 days.

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