{"id":3105,"date":"2024-05-10T09:22:21","date_gmt":"2024-05-10T13:22:21","guid":{"rendered":"https:\/\/www.louisdesrochers.com\/?p=3105"},"modified":"2024-05-10T09:32:19","modified_gmt":"2024-05-10T13:32:19","slug":"the-real-estate-market-on-the-south-shore-of-montreal-and-in-greater-montreal-impressive-growth","status":"publish","type":"post","link":"https:\/\/www.louisdesrochers.com\/en\/the-real-estate-market-on-the-south-shore-of-montreal-and-in-greater-montreal-impressive-growth\/","title":{"rendered":"The real estate market on the South Shore of Montreal and in Greater Montreal: impressive growth"},"content":{"rendered":"
Real estate in the Montreal region is experiencing a prosperous period, with figures showing positive dynamics for sellers and an opportunity for buyers. Let’s take a closer look at what’s going on.<\/span><\/h5>\n

 <\/p>\n

A significant increase in residential sales <\/span><\/p>\n

On the South Shore of Montreal, residential sales experienced a remarkable increase of more than 23% compared to April 2023. This trend is even more marked in Greater Montreal, where sales increased by more than 25%. These figures indicate a booming market.<\/span><\/p>\n

 <\/p>\n

Median property prices on the rise <\/span><\/p>\n

The median price for all property types reached $575,000, an increase of 7% from the previous year. This price growth reflects a strong real estate market and sustained demand. <\/span><\/p>\n

 <\/p>\n

Plexes and condos see their prices increase <\/span><\/p>\n

Plexes, very popular with investors, sell on average 4% more expensive, with a median price of $754,000. Condos are not left out, with an increase of 2.7% for a median price of $400,600. These increases reflect the growing value of these types of properties. <\/span><\/p>\n

 <\/p>\n

A market in recovery according to the APCIQ<\/a><\/span><\/p>\n

The Professional Association of Real Estate Brokers of Quebec (APCIQ<\/a>) attributes this strong recovery in the real estate market to the possible drop in interest rates. This anticipation stimulates activity and contributes to price growth. <\/span><\/p>\n

 <\/p>\n

A jump in registrations in April <\/span><\/p>\n

To complete this picture, listings in April saw a dramatic 33% increase compared to April 2023. This suggests that many homeowners are eager to take advantage of this seller’s market. <\/span><\/p>\n

 <\/p>\n

In conclusion, the real estate market in the Montreal region is booming, offering opportunities for both sellers and buyers. With interest rates potentially lower and demand remaining strong, this is a key time for those considering embarking on the real estate adventure.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Real estate in the Montreal region is experiencing a prosperous period, with figures showing positive dynamics for sellers and an opportunity for buyers. Let’s take a closer look at what’s going on.   A significant increase in residential sales On the South Shore of Montreal, residential sales experienced a remarkable increase of more than 23% […]<\/p>\n","protected":false},"author":4,"featured_media":3099,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-non-classifiee"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.louisdesrochers.com\/en\/wp-json\/wp\/v2\/posts\/3105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.louisdesrochers.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.louisdesrochers.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.louisdesrochers.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.louisdesrochers.com\/en\/wp-json\/wp\/v2\/comments?post=3105"}],"version-history":[{"count":2,"href":"https:\/\/www.louisdesrochers.com\/en\/wp-json\/wp\/v2\/posts\/3105\/revisions"}],"predecessor-version":[{"id":3108,"href":"https:\/\/www.louisdesrochers.com\/en\/wp-json\/wp\/v2\/posts\/3105\/revisions\/3108"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.louisdesrochers.com\/en\/wp-json\/wp\/v2\/media\/3099"}],"wp:attachment":[{"href":"https:\/\/www.louisdesrochers.com\/en\/wp-json\/wp\/v2\/media?parent=3105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.louisdesrochers.com\/en\/wp-json\/wp\/v2\/categories?post=3105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.louisdesrochers.com\/en\/wp-json\/wp\/v2\/tags?post=3105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}