✉news BusinessReal Estate first seen 1 d ago, last 1 d ago, peak #27
Montreal home sales slow despite plentiful supply
Original: Montreal housing market sales slow, despite abundant supply
Sales in the Montreal housing market are slowing even though the number of homes available for sale remains abundant. CTV News reports that high inventory is not translating into transactions, pointing to buyers holding back. Observers suggest pricing, borrowing costs and buyer caution may be keeping would-be purchasers on the sidelines despite ample choice.
Why now: A mismatch between plentiful listings and weak sales signals shifting conditions in a major Canadian housing market.
Evidence
- Montreal housing market sales slow, despite abundant supply · CTV News
- Montreal housing market sales slow, despite abundant supply · CTV News
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