Real Estate
BusinessThe Canadian PressMontreal home sales up 25% in April as expected rate cuts prompt recovery: board
MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales surged 25.5 per cent in April compared with the same month last year, with levels returning to historical averages. The association says home sales in the region totalled 4,688 for the month, up from 3,734 in April 2023. The median price for all housing types was up year-over-year, led by a 6.5 per cent rise for the price of a single-family home at $575,000 last month. Meanwhile, the median price
BusinessThe Canadian PressGreater Vancouver home sales rise as inventory reaches levels not seen since pandemic
VANCOUVER — Greater Vancouver's real estate board says the number of homes that changed hands in April rose 3.3 per cent from the previous year, but total sales were still well below the 10-year average for the month. Greater Vancouver Realtors says there were 2,831 home sales in the region last month, compared with 2,741 sales recorded in April 2023. That came as the number of Metro Vancouver homes listed for sale rose 42.1 per cent year-over-year to 12,491, which is 16.7 per cent above the 10-
BusinessThe Canadian PressCalgary home sales jump in April being driven by lower-priced houses: board
CALGARY — The Calgary Real Estate Board says April home sales were up 7.3 per cent from last year, driven by growth in the number of relatively more affordable, higher-density properties changing hands. The board says 2,881 units were sold last month, while the benchmark price across all home types was $603,700 for April — up 9.9 per cent from a year earlier and one per cent from March. New listings rose 11.5 per cent year-over-year to 3,491 and there were 2,711 units in inventory, 16.2 per cent
