L'ÎLE-DES-SŒURS, QC, April 6, 2018 /CNW Telbec/ - The Greater Montréal Real Estate Board (GMREB) has just released its most recent residential real estate market statistics for the Montréal Census Metropolitan Area (CMA), based on the real estate brokers' Centris® provincial database. In total, 5,656 residential sales were concluded in March 2018, a 6 per cent increase compared to March of last year. This was the 37th consecutive increase in sales and the best month of March in eight years. Click here to watch the March 2018 statistics video.
"Homes are selling faster and faster in the Montréal area, as the average selling time, for all property categories combined, was 80 days in November, which is seven days less than one year ago," said Nathalie Bégin, President of the GMREB board of directors. "Single-family homes and plexes sold the fastest – in an average of 72 days – while it took an average of 94 days for a condominium to sell," she added.
Centris.ca is Québec's real estate industry website for consumers, grouping all properties for sale by a real estate broker under the same address. Société Centris provides real estate industry stakeholders with access to real estate data and a wide range of technology tools. Centris also manages the collaboration system used by more than 13,000 real estate brokers in Québec.
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Collaboration is of the utmost importance at Centris. It takes shape with our team, with our real estate clients, and with our valued partners from Québec and elsewhere, with whom we design approximately 50% of our tools. We encourage the pooling of talent to develop innovative solutions for real estate professionals and adapt tools based on a particular geographical context. At Centris, we see big and we see far: partnerships are essential to our progress.