Have Quebec Properties Become Unaffordable? Read This!

mortgagecost1980-2011.png

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...]

News Roundup: Horse Palace,Plateau Snow Banks & RBC Report

Real Estate News

What graced the front and inside pages of our papers? Here is the scoop of Montreal's Real Estate  & neighbourhood news: The horse palace purchased by a Griffintown Developer, Plateau let's the snow banks melts, and let's not forget: RBC made a false claim on its latest Montreal market report. No more bungalows for the Montreal area. After a couple of months of uncertainty about the Horse … [Read more...]

Commute is driving Montrealers into condos downtown

- TD Canada Trust Condo Poll suggests condo affordability is key for young homeowners - MONTREAL, May 10 /CNW/ - Many Montrealers are attracted to condos because they want to live downtown and cut down their commute. In the 2011 TD Canada Trust Condo Poll, which surveyed Canadians who are thinking of buying, or recently bought a condo, more Montrealers named these two reasons as the main … [Read more...]

How’s the market: June & July 2010

Catching up with the market updates. August's market report is not out yet, and while we wait for the new numbers, here is a quick review on how the previous months performed: In terms of sales and active listings, the months of June and July were quite similar. Compared to 2009, both months had a decrease in sales. June’s total sales were down by 19%, while July’s decrease was 26%. There … [Read more...]

The Main’s high vacancy rate

Store for rent at Boul. St Laurent

Back in April, I took some pictures of The Main between Sherbrooke and Pins, and I noticed the abundance of empty office/store spaces in the area. Clothing stores like American Apparel, and the infamous MAC cosmetics store are now gone.(The horror!) The Shed Cafe has been replaced by McGibbings Pub (double horror), and a few of quebec-designer boutiques have vanished from the … [Read more...]

Investing in Montreal: What is the next trendy district ?

Another good video blog-post by McGill Real Estate Blog. Patrice Groleau explains the main differences between the East and West areas of Montreal, and why it is better to consider investing on the west side. Here is the video. Enjoy! … [Read more...]

Condos for less than 100K?

Recently one of my readers asked me if there was still condos available for less than $100,000. I don't often come across properties within this price range, but for the sake of knowing what you can get for that price, I did a quick search and found that: Homes for less than 100k are often mobile homes. Condos are still available, but they are quite small and in need of major … [Read more...]

Montreal Real Estate Blog. Condo & Market News. Broker Deya Bautista.Home evaluation. Selling your home. Condo buying.