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Montreal home sales rise in June as prices continue to climb

In June, Montreal saw an increase in home sales, continuing a trend of rising prices, according to the Greater Montreal Real Estate Board. The board reported that the number of homes sold in the area was higher than in May, showing a strong demand for properties in the city.

The average price for a single-family home in Montreal has gone up, reaching new highs. This increase in prices is partly due to a limited supply of homes available for sale, which has made the market more competitive. Many buyers are eager to secure a home despite the higher costs.

Condos in Montreal are also seeing a rise in sales and prices. The market for condos has been particularly active, with more people choosing this type of property. The demand for condos is driven by both local buyers and investors looking for opportunities in the city’s real estate market.

Experts say that Montreal's real estate market is expected to remain strong in the coming months. With continued interest from buyers and a steady climb in prices, Montreal remains a hot spot for real estate activity. However, potential buyers should be prepared for the challenges of a competitive market.



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