Montreal down, but Sherbrooke still up
There is a reported 8.5% drop in residential sales in November in Montreal, contrasted with an 11% increase in Sherbrooke and 12% in the Eastern Townships.
Asked to comment, David Bourgon, president of the Estrie and Centre-du-Québec Real Estate Board, highlights the resilience of the regional real estate market, and the median price difference ($175,000 lower than in Montreal).
The economy is relatively doing well in the Eastern Townships, he notes.
Listen to the interview with host Jean-Sébastien Hammal.
https://www.fm1077.ca/audio/742228/montreal-en-baisse-mais-sherbrooke-toujours-en-hausse
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