{"id":140,"date":"2006-04-11T17:40:15","date_gmt":"2006-04-11T17:40:15","guid":{"rendered":"http:\/\/www.montreal-realestate.ca\/english\/2006\/04\/growth-rate-on-investment-properties-in-montreal\/"},"modified":"2019-02-28T21:37:10","modified_gmt":"2019-02-28T21:37:10","slug":"growth-rate-on-investment-properties-in-montreal","status":"publish","type":"post","link":"https:\/\/www.montreal-realestate.ca\/english\/growth-rate-on-investment-properties-in-montreal\/","title":{"rendered":"Growth rate on investment properties in montreal"},"content":{"rendered":"<p><strong>PLEX TRANSACTIONS DOWN SLIGHTLY <\/strong>In the 4th quarter of 2005, 1251 plexes changed hands, for a small decrease (-5%) from the 1312 transactions registered in the 4th quarter of 2004.<\/p>\n<p><!--more--><\/p>\n<p>The plex resale market remains the least active in the Montreal metropolitan area. IN fact, in 2005, there were four times fewer plex transactions than single-family home sales.<\/p>\n<p>In all, 5129, plexes were sold in 2005, compared to 5461 in 2004. Annual plex sales therefore fell by 6%. The strongest decrease was noted in Laval, where these transactions declined by 13% between 2004-2005. <!-- ~~ads~~ --><\/p>\n<p><!-- ~~ads~~ --><\/p>\n<p>Plexes still remain a popular housing type. The listings-to-sales ratio stood at 6 to 1 in the 4th quarter of 2005, and active MLS listings rose by only 11% between 2004 and 2005. The relatively small number of listings no doubt contributed to the appreciable increase (+10%) in the average selling price from one year to the next. Selling prices went up more significantly in the suburbs than on the Island of Montreal.<\/p>\n<p>For 2005, the average selling price of plexes attained $291,379 in the Montreal metropolitan area.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLEX TRANSACTIONS DOWN SLIGHTLY In the 4th quarter of 2005, 1251 plexes changed hands, for a small decrease (-5%) from the 1312 transactions registered in the 4th quarter of 2004.<\/p>\n","protected":false},"author":2,"featured_media":559,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","sfsi_plus_gutenberg_text_before_share":"","sfsi_plus_gutenberg_show_text_before_share":"","sfsi_plus_gutenberg_icon_type":"","sfsi_plus_gutenberg_icon_alignemt":"","sfsi_plus_gutenburg_max_per_row":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[9],"tags":[],"class_list":["post-140","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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