A fresh dose of the local market. Three times a week.
The complete report on Montreal Market for the fist quarter 2009 is now available for download. This new report, now called the "Montreal Barometer", has a detailed description of each section of Montreal, with 38 pages of up to date information on prices, sales, and average days on the market. If you want to be informed on your neighbourhoods market analysis, this is a good document to have. … [Read more...]
Last month’s MLS® residential sales in the Montréal Metropolitan Area decreased by 31 per cent compared to November 2007. A 6% decrease in year-to-date sales compared to the same period last year, according to the Greater Montréal Real Estate Board (GMREB). While sales have decreased, single-family home median prices are up by 6% year-to-date. “Montréal’s real estate market has done … [Read more...]
At last, the housing market starts to look a lot better. This article was published by the Financial Post, some of the interesting parts as follow: The value of new homes in Canada barely grew in June, with many regions posting annual declines once adjusted for inflation, new figures show. But despite forecasts for more soft readings ahead, economists say Canadians are not expected to experience … [Read more...]
According to the MLS® system data, the resale market in the Montréal Metropolitan Area is bucking the trend in comparison with other large Canadian cities, says the Greater Montréal Real Estate Board’s (GMREB). In June 2008, residential transactions were on the rise by 2%, which brings the decrease of sales since the beginning of the year to only 3%. “Unlike the general trend elsewhere … [Read more...]
Slightly more than one-third of Torontonians (34%) would consider owning a condo solely for investment purposes rather than as their primary residence. 8% have already made this kind of investment. By comparison, more than half (52%) of Vancouverites say they would buy a condo strictly as an investment, yet only 5% have actually done so. Among Montrealers, only 3% say they already own an … [Read more...]
Real Estate Broker
McGill Immobilier
514.917.7889.
deyanira@McGillRealEstate.com
Lets connect