Montreal home sales down 9% since last May: Quebec association

The Quebec Professional Association of Real Estate Brokers says a slowdown continued to take shape in Montreal last month as home sales dropped by nine per cent since last year.

The association says sales for the month totalled 4,874, a drop from 5,354 in May 2021.

The sales slowdown was most evident in the plexes category, which covers multi-family homes like duplexes and triplexes and saw a 15 per cent decrease since last year.

Single-family homes saw their sales fall by 7 per cent, while condominiums dropped by 10 per cent.