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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...]
You’ve probably heard before that September is the Income Property Month. And why is that? Summer time is usually slow in Real Estate, people take vacations, kids are off school, etc. etc. Then comes September. But before we go on, lets rewind a bit, so I can explain why is best to list after the summer. As you already know, Montreal official moving date is on July 1st each year. Most … [Read more...]
Good morning, Montreal. Here is a list of Real Estate market, subprime mortgage and Commercial Real Estate investment news. Soft landing predicted for real estate [Montreal Gazette] Economists say they're expecting a soft landing for the Canadian real estate market despite a new study that concludes house prices in Montreal and other major Canadian cities are overvalued by as much as 25 per cent. … [Read more...]
Market Blog - Just bought a house? Don't read this - Globe & Mail Market Blog. Homeless crisis grows while Canada prospers - The Vancouver Sun. 'Cooling' the watchword in Canadian real estate - CBC News.ca. Slide ends housing boom - National Post Has the housing boom gone bust? - Calgary Herald Low inflation gives Canada wiggle room on rates, analysts say - Canada.com A little … [Read more...]
Housing markets on shaky ground. [ Report on Business Globe & Mail ]"Canada is in better shape than many other countries and home prices here aren't expected to drop this year.But that doesn't mean home owners should expect, or want, to see the big gains of past years." Voices: 40-year mortgages [ The Star.com ] "It should be against the law for banks to offer (and CMHC to insure) 40-year … [Read more...]
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