The housing market is for sellers

The market Homeowners being sold are located in a market that is favorable, says the Canada Mortgage and Housing Corporation.

According to CMHC, the real estate market has a ratio of six which is where the seller / buyer, this means that it is the sellers have the advantage.

The ratio is the same for the Greater Montreal and the South Shore and must be maintained for 2010, while it is slightly more favorable to vendors in the area of Laval.

According to CMHC, the market for real estate sales will stabilize next year before increasing again.

In addition, CMHC expects an average price of $ 279 000 for a house in Greater Montreal include South Shore in 2010, up approximately 4% of price.