L'ÎLE-DES-SŒURS, QC, Aug. 7, 2018 /CNW Telbec/ - The Greater Montréal Real Estate Board (GMREB) has just released its most recent residential real estate market statistics for the Montréal Census Metropolitan Area (CMA), based on the real estate brokers' Centris provincial database. In total, 3,201 residential sales were concluded in July 2018, which represents a 1 per cent increase compared to July of last year and an eight-year high for this month of the year. This is the 41st consecutive month in which residential sales have increased in the Montréal area. Click here to watch the July 2018 statistics video.
Real estate brokers are subject to the Real Estate Brokerage Act and must comply with various measures to ensure your protection: they must meet the requirements of the Organisme d’autoréglementation du courtage immobilier du Québec (OACIQ), contribute to the Real Estate Indemnity Fund and hold professional liability insurance. They are responsible for the real estate transaction.
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