Montreal Real Estate Board Statistics: The Resale Market Beats All Records

The resale market has broken all records since the start of 2007, with a 12% increase of transactions, including an 18% increase of sales in May. According to data from the Greater Montreal Real Estate Board's (GMREB) MLS(®) system, 28,157 transactions were recorded between January 1 and May 30, 2007, compared to 25,126 transactions for the same period last year.