A fresh dose of the local market. Three times a week.
Less owners are losing their homes, according to the latest article of the Quebec Federation of Real Estate Boards (FCIQ) That's great news considering that in 2010 there were 2224 seized in the province of Quebec. In 2011, a drop to 1140 foreclosures, this represents a 19% decrease since 2010. And looking closely at the chart, you will see that in 2009 there was a high amount of properties … [Read more...]
The numbers for March sales are out!. The Montreal Real Estate Board informs us of the tenth consecutive monthly increase. "MLS® sales increased by 4 per cent compared to March 2011, making March 2012 the second best month of March on record, identical to March 2007." Sales wise…. Something a little different happened with the property types. Usually it's the condo market that always has the … [Read more...]
This is one of the most informative articles on quebec Housing economy published this year. The FCIQ released the latest Window on the Market newsletter, in the section "A word from the Economist", this month's issue discusses the price increase in Quebec's market since the 1980's until the present date (and then some forecasts). Get the ultimate answer to the perennial question: How … [Read more...]
It is that time of the month when numbers and percentages are released by the MLS and Montreal Real Estate Board database. According to their latest report, there was a 9% sales increase throughout the Montréal Metropolitan Area as compared to February 2011. The ninth consecutive increase and the strongest one since April 2010. Here is the point-form scoop: Active listings grew by … [Read more...]
The Greater Montreal Real Estate Board released the numbers from last month, and according to their report, January brought a 1% increase in sales for the markets in Vaudreuil-Soulanges, South shore and North shore. The montreal area had, however, a drop in sales. … [Read more...]
December marks the 7th consecutive monthly increase in existing-home sales. Compared to sales from December 2010, in 2011 there were 7% more sales according to the Greater Montréal Real Estate Board (GMREB). From all the areas that had increases; Vaudreuil-Soulanges (+39%), North Shore (+28%), Laval (+9%) and the South Shore (+2%). Only the Island of Montréal had a decrease in sales … [Read more...]
httpvh://www.youtube.com/watch?v=mKp12Mv-oFs The november numbers are out already! This time from the Montreal Real Estate Board. We had 3% more sales than in Nov 2010. All property types had sales increase and prices went up by 4%. Watch the video to get the details. I'm still working on the transcript! If you're not able to watch the video from your email, here is the … [Read more...]
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