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Nouvelles

23 October 2020
Monthly Report in the Eastern Townships – September 2020

 

The Eastern Townships real estate market is more dynamic than ever! What we are currently experiencing in the Eastern Townships is unprecedented. Properties are selling faster, and at higher prices. Discover the most recent statistics for the month of September in this article!

 

Number of sales in the Eastern Townships

First of all, the number of monthly residential sales in the Eastern Townships has been increasing steadily since the end of confinement! Despite the fact that the property inventory is lower, properties are selling very quickly. In fact, in September, we experienced a 64% increase in the number of sales compared to the previous year.

*Statistics Centris

Sales volume in the Eastern Townships

 

Secondly, the volume ($) of residential sales in the Estrie region also increased since the previous year. We can notice an important decrease during the containment period, but as soon as the real estate activities resumed, the real estate market resumed in effervescence for the months of June, July, August and even September, with an increase of 87% compared to 2019.

 *Statistics Centris

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