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Only 13 new condos sold in Montréal in 3 months
(www.985fm.ca)
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this post was submitted on 02 Dec 2024
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It's not first buyer, because not a lot of people can have a 5k or 6k mortgage + condo fee (can easily be 800-1000 per month in high rises when you have security+pool+gym etc) + property taxes (about 600$/month too in MTL for 1M).