{"id":1183,"date":"2012-05-17T13:28:41","date_gmt":"2012-05-17T19:28:41","guid":{"rendered":"http:\/\/www.montreal-realestate.ca\/english\/?p=1183"},"modified":"2012-05-17T13:28:41","modified_gmt":"2012-05-17T19:28:41","slug":"april-2012-many-mls-sales-records-set-in-montreal-metropolitan-area","status":"publish","type":"post","link":"https:\/\/www.montreal-realestate.ca\/english\/april-2012-many-mls-sales-records-set-in-montreal-metropolitan-area\/","title":{"rendered":"April 2012: Many MLS\u00ae Sales Records Set in Montr\u00e9al Metropolitan Area"},"content":{"rendered":"

\u00cele-des-S\u0153urs, May 8, 2012<\/u><\/b>
\nResidential MLS\u00ae sales in the Montr\u00e9al Census Metropolitan Area (CMA) increased by 16 per cent in April 2012 compared to April 2011<\/p>\n

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, according to the Greater Montr\u00e9al Real Estate Board (GMREB). This was the eleventh consecutive monthly increase in sales, and the second best result for a month of April after the record set in 2010.<\/p>\n

\u201cThe April 2012 increase in sales in the Montr\u00e9al CMA was the largest among the province\u2019s six metropolitan areas,\u201d said Diane M\u00e9nard, Vice-President of the GMREB Board of Directors. \u201cIt\u2019s thanks to the strong performance of Montr\u00e9al\u2019s suburbs that residential sales increased so dramatically compared to the same month last year,\u201d she added.<\/p>\n

The area of Vaudreuil-Soulanges registered a 27 per cent increase in residential sales, its best result ever for a month of April. Sales on the South Shore grew by 26 per cent, rebounding from the same month last year when sales on the South Shore posted their largest decrease.
\nThe North Shore and Laval also registered their second best month of April, with respective sales increases of 17 and 19 per cent. Last but not least came the Island of Montr\u00e9al with a very respectable 8 per cent increase in MLS\u00ae sales.<\/p>\n

In terms of property categories, single-family homes posted the best result as sales of this property category grew by 18 per cent (3,130 transactions), followed by condominiums at 14 per cent (1,589 transactions), and plexes at 12 per cent (472 transactions). The number of active listings for the entire Montr\u00e9al CMA increased by 10 per cent in April 2012 compared to April in 2011, with a total of 28,632 residential properties for sale by a real estate broker. This was the largest supply of properties available for a month of April in eight years.<\/p>\n

As for prices, all three property categories registered an increase in median price. The median price of single-family homes grew at a slower pace than in the three previous months, at 3 per cent, to reach $272,000. The increase in median price of condominiums was also more moderate at 2 per cent, reaching $223,950. The median price of plexes increased by 6 per cent to reach $412,000 in the Montr\u00e9al Metropolitan Area.<\/p>\n

For April 2012 statistics charts CLICK HERE <\/a><\/p>\n


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