You might remember last week's RE/MAX 2010 Market Forecast, where we briefly quoted some of the report's outlook for the Canadian Market. Today we've outlined the Greater Montreal market forecast, taken from the same report. So far the news are excellent and there is a lot to expect from the new year. The following text is one big quote. I've highlighted the most important areas for a quick & … [Read more...]
In Canada: Real estate prices predicted to fall back to 2000 levels
February 18, 2009 By 3 Comments
Talking about media mixed messages, just after we get the news on local real estate saying that prices are up, they hit us now with this national forecast.. Property sales in Canada this year are expected to drop back to 2000 levels before rebounding in 2010, according to a new report from the Canadian Real Estate Association. The Ottawa-based group, which represents 100 boards across the … [Read more...]
Montréal Real Estate Market Continues to Favour Sellers
November 14, 2008 By 2 Comments
According to the Greater Montréal Real Estate Board's MLS® system, there were 36,955 transactions from last year until now. 4% less sales compared to last year. In terms of property prices in the Metropolitan Area of Montréal, the median prices of single-family homes and plexes increased by 6% compared to the same period last year, condominium prices increased by 3%. Compared to the … [Read more...]
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