Economics
Montreal’s Real-Estate Market Is About to Eclipse Vancouver’s
- Residential sales collapse in Canada’s most expensive city
- Quebec’s business capital hasn’t faced same regulatory crunch
Montreal’s benchmark home price was C$349,300 in January, up 6.3 percent from a year earlier.
Photographer: Brent Lewin/BloombergThis article is for subscribers only.
Vancouver is on pace to lose its status as Canada’s second largest housing market to Montreal.
While still Canada’s most expensive city for housing, a recent collapse in sales has led the value of real estate transactions substantially lower. That leaves Montreal’s soaring market poised to overtake the Pacific coast city’s.