Buying A Condo In Montreal 2017 -

Buying a condo in Montreal in 2017 was marked by a "sizzling" market that hit a in sales growth. Driven by low unemployment and a strong economy, the island of Montreal saw a 15% increase in sales, with over 14,000 condos changing hands—a 17% jump from 2016. Market Dynamics in 2017

Ideal for students and professionals.

The downtown core was particularly active, with roughly 3,365 new condos sold . High-profile projects like Square Children’s , District Griffin™ , and O'Nessy dominated the market, with some towers selling 95% of their units in just a few weeks. buying a condo in montreal 2017

Median prices for condos were approximately $433 per square foot in the city core. While prices were rising, they were still considered accessible compared to other major Canadian hubs. Popular Neighborhoods

Unlike Toronto and Vancouver, Montreal remained attractive to buyers because it did not have a foreign buyers tax at the time, helping it outpace those cities in sales growth for the first time since 1998. Buying a condo in Montreal in 2017 was

Experienced even higher sales growth (up to 20%) as buyers sought value outside the island. Key Buying Steps (2017 Context)

Favored for its classic Montreal charm and vibrant culture. The downtown core was particularly active, with roughly

A trendy area characterized by recent, modern constructions.