Real estate market resilient in Sept-Îles

Marché immobilier résiliant à Sept-Îles

SEPT-ÎLES – The quebec housing market still suffers from the effects of the health crisis, as home sales have declined a little everywhere from April to June compared to the same period last year except in two municipalities in the Laurentides and in Sept-Îles, on the North Shore.

According to data published by the professional Association of real estate brokers in Quebec (APCIQ), 22 102 sales have been made in the province in the second quarter of 2020, a decrease of 24 %.

This trend is confirmed, however, not in Sainte-Agathe-des-Monts, Sainte-Adèle and Sept-Îles, where a rise in sales was recorded.

For the city in the north coast, 85 sales were made, which represents an increase of 13 %.

“What has been experienced in marking, it is that we had more buyers than new homes for sale in the market,” said Marc Pelletier, real estate broker from Via Capitale Sept-Îles.

The latter does not believe that the market of Sept-Îles is in the process of transforming, or a substantial increase in sales by the end of the year will be the market in 2020.

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