September 2023 : Real Estate Updates

In this article, Kyle Shapcott, real estate broker and leader of the Lacasse Shapcott team, shares his updates on the real estate news of September 2023.

The fall market is now in full swing. We’re observing a welcome uptick in transactions after the typically slower previous quarter. July and August sales have surpassed last year’s numbers by three and twelve percent respectively. More transactions are anticipated by mid-September. While interest rates might rise, a strong sales volume is still expected; pricing, however, remains a pivotal concern. Sellers who’ve embraced the current reality of pricing below the 2022 peak are still achieving solid sales, typically within three to four months. On the buyer’s side, some market segments are less competitive, offering qualified mortgage seekers a better negotiating position. We anticipate a transaction-driven fall market. And as always, feel free to reach out to the Lacasse Shapcott team for any inquiries.

If you are looking for a team of trusted brokers to assist you with your real estate projects in Montreal, do not hesitate to contact us. Our expertise and deep knowledge of the Montreal market ensure success and achievement in your projects.

Article “September 2023 : Real Estate Updates” written by Kyle Shapcott, leader and real estate broker, Lacasse Shapcott Team.