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The Greater Montreal Real Estate Board says August home sales in the region were up eight per cent compared with the same month last year, hitting a new record

The board says there were 3,224 home sales last month, up from 2,972 a year ago, marking the 41st consecutive month of rising home sales.

The increase came as single-family home sales increased five per cent to 1,777 compared with 1,685 in August last year, while condominium sales grew 12 per cent to 1,125, up from 1,004.

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Sales of plexes, which include two to five units, totalled 318, up from 279 in August 2017.

The median price of a single-family home was $333,000, up from $318,000 a year ago, while the median condominium price was $260,000, up from $250,000. The median plex price was up 10 per cent at $515,000 compared with $470,000 a year ago.

The number of active listings was down 16 per cent at 20,940, while new listings were down two per cent at 4,785.

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