Author: Bonnie Meisels

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07 Mar

Photo by ©Bonnie Meisels Montreal February 2020 Market Data Montreal February 2020 market Data shows for the Island of Montreal a continued sellers market with certain categories of properties in bidding wars resulting in well over asking price territory. Of course, the extent to which depends on the category and location of the property. Island of Montreal Sales:  Feb 2020: 1742   Feb 2019: 1487  Increase of  17% Active listings:                                             7175                      7657  Decrease...

20:53 / Montreal Real Estate
12 Feb

Last Quarter of 2019 Montreal Market Stats The last quarter of 2019 Montreal market stats shows for the Island of Montreal a sellers market for up to 600k and a balanced market for more than 600k Fourth Quarter Sales:   4587   Increase of  11% Active listings:                   5765   Decrease of -19% New listings:                       4934  Decrease of  -6% Sales volume (in thousands):     $2516709  Increase of  22% Sales by property category: Single-family homes Sales:                                   ...

04:41 / Montreal Real Estate
13 Jan

December Real Estate Market Highlights 2019 According to the latest Centris report it was "An Exceptional End to the Year in the Montreal CMA With the Most Active Month of December on Record" December 2019 real estate market highlights confirm for the Island of Montreal: Year To Date Sales:  Dec 2019: 18983 Dec 2018: 18294  Increase of  4% Active listings:                    6744                      8044  Decrease of -16% New listings:                     25208                     25972 ...

20:17 / Montreal Real Estate
09 Dec

Renos That Increase The Value of Your Property Renos that increase the value of your property depend on the overall value of the home and what is typical within your neighbourhood. How much should you spend? Well that depends on your goals and how you look at things. If you're going to be living in the property for many years, then the cost of the renos may not be the most important consideration. Style, features, and enjoyment of the property may be a high priority. On the other hand, if you're thinking of selling, you may want to consider which renovations will...

03:17 / Montreal Real Estate
09 Dec

Feature photo©Bonnie Meisels November Real Estate Market Highlights November real estate market highlights confirm for the Island of Montreal: Single-family homes outshone other types of properties in October, posting an eight-per-cent median price increase to $355,000, the data show. Plexes — defined as properties with two to five dwellings —– saw their median price climb seven per cent to $560,000, while condominium prices advanced six per cent to $280,000. Home prices rose the fastest in Côte des Neiges/Côte St-Luc, according to the association. The median home in the area sold for $776,168 in the period, a 22-per-cent jump from last year’s third quarter. Sud-Ouest, which...

02:24 / Montreal Real Estate
14 Nov

Feature photo©Bonnie Meisels October Real Estate Market Highlights October real estate market highlights confirm for the Island of Montreal: Total sales:   Sept 2019:  1625   Sept 2018: 1,512  Increase of 7% New listings:                     2,206                       2,273  Decrease of -3% Active listings:                  6,384                      7,534  Decrease of  -15% Sales volume:     $779,666,573      $646,188,403   Increase of  21% Sales by property category: Single-family homes Sales:                      Sept...

22:14 / Montreal Real Estate
05 Nov

Ideas For More Sustainable Cities Part 1: Ideas for more sustainable cities was inspired by some interesting initiatives happening around the world. There are many factors to consider when talking about sustainable cities. Things like resilient local food and housing systems, renewable energy and water conservation, smart infrastructure designed to complement nature, are just some of the topics. Around the world, there are some cool initiatives and solutions in the works.  Singapore for example, is Asia’s greenest city. As a small, dense, and resourceless island, it has very little farmable land to grow food.  So for locals, rooftop gardens are a way of...

03:06 / Sustainability
23 Oct

September Real Estate Market Highlights September's real estate market highlights for the Island of Montreal Total sales:   Sept 2019:  1,435   Sept 2018: 1,316  Increase of 9% New listings:                     2,261                       2,174  Increase of 4% Active listings:                  6,435                     7,587  Decrease of  -15% Sales volume:     $779,666,573      $646,188,403   Increase of 21% Sales by property category: Single-family homes Sales:                      Sept 2019    401   ...

02:48 / Montreal Real Estate
12 Oct

Montreal Home Buyers 35% Increase Montreal home buyers 35% increase in the city center since last year according to the Royal Lepage Q3 Market Report. Some highlights from the report: ● With close to 6% year-over-year home price appreciation in the third quarter, the Greater Montreal Area residential market had the highest appreciation rate since the second quarter of 2018. ● Montreal East had the highest aggregate price appreciation rate in the country, increasing 8.5% year-over-year. ● Nationally, Royal LePage expects the Greater Montreal Area to experience the highest price increase, closing the year with an increase of 6.0% in the fourth quarter compared to the same quarter in 2018. "Nationally,...

02:08 / Montreal Real Estate
25 Sep

The Hottest Properties In Montreal Real Estate The hottest properties In Montreal Real Estate right now are revenue properties such as duplexes, triplexes, etc. Overall Montreal sales in August were up 10% from August of 2018 while active listing inventory was down a hefty -21%. Sales of plexes have always been healthy, unique to Montreal are the abundance of duplexes and plexes that dot neighborhoods such as Le Plateau and Cote des Neiges to name a few.  Although condo sales have been holding their own with a 23% increase from last year, plexes in the Montreal Metropolitan Area have also registered a substantial...

03:59 / Montreal Real Estate
04 Sep

Montreal Real Estate Sales July 2019 Montreal Real Estate Sales July 2019 saw home sales rise for the 5th month in a row in July, and prices up 4% in past year. According to Crea, after hitting a six-year low in February of this year, activity seems to be rebounding across Canada, as sales were up in about 60 per cent of all markets across the country. Montreal's HPI rose by 7.23 per cent in the past year. According to the Canada Mortgage and Housing Corp “The Montreal market isn’t growing too fast or overheating and properties aren’t being over-evaluated, compared to...

02:54 / Montreal Real Estate