Updates from September, 2017 Toggle Comment Threads | Keyboard Shortcuts

  • Kate 06:55 on 2017/09/08 Permalink | Reply  

    Once again, the weekend traffic notes.

    With all the lurid things happening elsewhere, we should be happy there’s no actual local news this morning – right?

     
    • Ian 16:43 on 2017/09/09 Permalink

      Indeed. As the old Chinese curse goes, “May you live in interesting times”.

  • Kate 06:46 on 2017/09/08 Permalink | Reply  

    August was the hottest month on record for real estate sales in this city, and prices are rising.

     
    • Joey 08:40 on 2017/09/08 Permalink

      What a useless article.

      “The Greater Montreal Real Estate Board says booming condo sales drove an eight per cent increase in residential sales across the Montreal region.

      “There were 2,899 sales, with condo transactions surging 19 per cent. Single-family homes that account for more than half of sales rose four per cent.

      “The Island of Montreal led the way with a 12 per cent rise in sales.”

      Are these increases between August and July? Between August 2017 and August 2016? What increased by 19% – the number of homes sold or the value in $ of those transactions (average? Total?)?

    • SteveQ 09:42 on 2017/09/08 Permalink

      @Joey, The article says it’s for a ”august month” and the 19% is for condo sales, also for a ”august month”. It’s true that it’s not clear but it is there.

    • Joey 11:59 on 2017/09/08 Permalink

      Right, but is it August compared to July or August 2017 compared to August 2016? If it’s the former, it might be the case that August is always busier than July. Fundamentally, you need to identify both the things you are comparing…

    • Blork 12:40 on 2017/09/08 Permalink

      Both articles (Devoir and Global) are line-by-line identical and even written by the same Canadian Press writer. And I suspect it’s just a slight re-hash of a press release by one or more real estate boards. Because the only people who really benefit from rising prices are real estate agents.

      And if you go to the source, you see that the August stats are August 2017 vs. August 2016.
      http://www.cigm.qc.ca/en/nouvelles_comm.aspx?id=836

    • Joey 12:48 on 2017/09/08 Permalink

      Rising prices are also good for municipal coffers (welcome tax)…

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