space4lease.com A free network of commercial real estate spaces available nation wide tremblantliving.com Great rental locations on Mont Tremblant. therealestatebloggers.com American Real estate bloggers, interesting articles and information. Do you know of other interesting and informative websites related to the Montreal Market? Let us know! … [Read more...]
BMO Bank of Montreal Lowers Mortgage Rates
February 15, 2008 By 6 Comments
TORONTO, Feb. 15 /CNW/ - BMO Bank of Montreal announced today it is decreasing its residential mortgage rates, effective February 16, 2008. The new rates are: Fixed Rates: To: Change: 6 month open 8.90% 0.00% 6 month convertible 7.10% 0.00% 1 year open … [Read more...]
Analysis of the Resale Market 2007
February 11, 2008 By Leave a Comment
The Resale Market Reaches New Heights in 2007 with Close to 56,000 Transactions Île-des-Soeurs, January 14, 2008 – The residential resale market reached new heights in 2007 with 55,776 transactions compiled on the Greater Montréal Real Estate Board’s (GMREB) MLS® system. Sales grew by 11% compared to 2006, which is the highest raise in five years. “The … [Read more...]
Make an Entrance: Warm Up Your Entryway This Winter
February 7, 2008 By 2 Comments
Winter. It's a time of crisp air, gently falling snow, and piles of coats, slushy boots and soggy mittens in your front hall. This season, make your entryway organized and inviting. Here's how: Make first impressions count. Give your door a fresh coat of glossy paint, and put down a new doormat. Hang a nice winter wreath or plant an evergreen in a sturdy urn. Store your stuff out of sight. … [Read more...]
Housing Starts to Fall Slightly in 2008
February 6, 2008 By Leave a Comment
OTTAWA, February 4, 2008 — Housing starts reached 228,343 units in 2007, an increase of 0.4 per cent from 227,395 in 2006, according to Canada Mortgage and Housing Corporation's (CMHC) first quarter Housing Market Outlook, Canada Edition report. In 2008, residential construction will decline to about 211,700 units, given higher mortgage carrying costs. Nevertheless, Canada's housing market … [Read more...]
Development Spotlight: Gillette Lofts
February 4, 2008 By 1 Comment
Location: 1085, St-Alexandre, Montreal. Size: 6 floors, 55 units. Prices: $300 per square foot. Architect: Karl Fischer Developer: Mark Dichter & Noam Schnitzer The Scoop: Five floors feature 12- or 13-foot ceilings, and a wide open floor plan that will make is easy to create large open lofts. The units range in size from 650 feet to 1,200 feet, though some buyers have been buying and … [Read more...]
Encouraging reinvestment in urban cores and rental housing
February 1, 2008 By Leave a Comment
OTTAWA, Jan. 31 /CNW Telbec/ - Three national associations whose members are central to the investment, management, purchase and sale of real property are calling on the federal government to change capital gains tax policy in the 2008 federal budget to encourage reinvestment. The members of the three associations generate hundreds of billions of dollars of economic activity annually. The policy … [Read more...]
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