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Montreal condo sales down
CBC News
Posted: Sep 12, 2012 2:02 AM ET
Last Updated: Sep 12, 2012 2:01 AM ET
Montreal condo prices hadn't fallen since 2008, until they decreased slightly in August. (Ryan Remiorz/Canadian Press)
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Condominium prices in Montreal fell in August for the first time in four years, while the number of sales dipped for the first time in 15 months. Economist Paul Cardinal of the Greater Montreal Real Estate Board explains why to Mike Finnerty, host of CBC Montreal's Daybreak.
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