Montreal Market Outlook Report

2009 was not kind to the Montreal economy. The unemployment rate approached double digits, up from 7.4% at year-end 2008. These job losses came mainly from the manufacturing and finance, insurance and real estate (FIRE) sectors. Government stimulus helped to offset these losses, but gross domestic product (GDP) growth was negative. A return to positive growth is expected in 2010.

Have a look at our complete overview of the Montreal Market Outlook or review our National Market Outlook for a real estate perspective on cities across the nation.

To access all national reports, please click here.