A report released on October 8 by the Association professionnelle des courtiers immobiliers du Québec indicates that the residential real‑estate market in Montreal is beginning to slow down.
The association noted that this emerging slowdown could affect home prices, prompting further analysis of potential price effects.
The report was prepared with input from Jean‑Philippe Meloche of the University of Montreal Faculty of Planning, and follows recent data showing the market cooling after a period of strong demand.