From the data collected, we can see the sales volumes of the real estate market in Greater Montreal in July 2021 dropped; however, the rental volumes in Montreal downtown increased slightly comparing to June 2021. According to QPAREB, the median price of a single-family home rose by 18 per cent from July 2020 to reach $500,500 last month, while condo prices climbed by 16 per cent to reach a median of $360,000.

FOR SINGLE HOUSE MARKET:

(1) The highest sold price reached $4.75M (Beaconsfield), followed by $4.74M (Outremont) and $4.32M (Westmount).

(2) The lowest sold price was $278K (RDP/PAT), then $312K (MTL Nord & Mercier/Hochelaga), and $340K (MTL Est).

(3) The top 3 areas with the most sales of single houses on Montreal island were as follows: 46 sold transactions in RDP/PAT, 40 sold transactions in Pierrefonds and 31 sold transactions in Saint Laurent.

(4) The total sales of SINGLE HOUSES in Greater Montreal for July 2021 are as follows:

• in Montreal: 401 sale transactions and 73 rental transactions were closed.
• in Laval: 240 sale transactions and 3 rental transactions were closed.
• in Brossard: 42 sale transactions and 11 rental transactions were closed.

FOR CONDO MARKET:

(1) The highest sold price reached $3.048M (Ville Marie), followed by $2.448M (Westmount) and $1.5M (Outremont)

(2) The lowest sold price was $134K (RDP/PAT), $150K (Ville Marie), and $160K (LaSalle & Ahunstic).

(3) Top 3 areas with the most sales of condos on Montreal island were as follows: 160 sold transactions in Ville Marie, 97 in Le Sud Ouest and 60 in Plateau Mont Royal.

(4) The total sales of CONDOS in Greater Montreal for July 2021 are as follows:

• in Montreal: 833 sale transactions and 839 rental transactions were closed.
• in Laval: 114 sale transactions and 29 rental transactions were closed.
• in Brossard: 65 sale transactions and 29 rental transactions were closed.

- data compiled by Bronte Hsiao

​