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Montreal Real Estate

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...

For todays blog post I thought I would share a recent article written by the team at Centris on how to clean without chemicals. Here's the article Cleaning Without Chemicals Cleaning without chemicals means your grandmother was right! It is possible to clean your house with natural products.  In addition to being environmentally friendly and economical, natural products are better for your's and your pet's health. Finish any store-bought cleaning products that you already own so that you can re-fill the containers with these new recipes: All-purpose cleaner ½ white vinegar ½ water 8 to 10 drops of lavender or thyme essential oil This cleaner is effective...

Montreal Real Estate Stats June 2019 Info courtesy of Quebec Professional Association of Real Estate Brokers Montreal real estate stats for June 2019 show the largest quarterly increase in Residential Sales Since 2005 in the province of Quebec. Highlights for the second quarter of 2019: Sales All three property categories registered an increase in sales, but condominiums and plexes (2 to 5 dwellings) stood out with respective increases of 14 per cent (7,253 transactions) and 13 per cent (2,400 transactions). Sales of single-family homes increased by 6 per cent (19,410 transactions). Geographically, all six of the province’s census metropolitan areas (CMAs) registered an increase in sales in...

Montreal Market Report May 2019 Montreal Monthly Market Report May 2019 and some of the highlights via JLR "Property sales in Quebec have increased in May 2019 compared to the same month the previous year for single-family homes: +14%, condominiums: +17%, properties with 2 to 5-unit: +13%. From June 2017 to Mat 2018, the median prices have surpassed those registered the previous year by 2% for single-family homes and 3% for condominiums. Bad debts on residential properties continue to go down in the Province of Quebec with a 20% decrease in repossessions, and a 6% decrease in prior notice compared to...

Montreal Housing Stats May 2019 So how's our Montreal real estate market holding up against the rest of Canada which has mostly been performing poorly. According to Centris and the QPAREB, these are the latest numbers for this past April. -April sales in the Montreal CMA were increased for a 50th consecutive month. -Sales increased  by 11 per cent compared to April of last year. -The Island of Montreal posted (+6 per cent) gains. -Condominium sales rose by 17 per cent, plex sales by 12 per cent and single-family homes by 6 per cent. -Plexes (2 to 5 dwellings) registered the largest increase in price, +...

The Latest Market Update March 2019 The latest market update for March 2019 across Canada continues to show a steady decrease in sales across most major markets in Canada, except for Quebec. A Look At Montreal Sales March 2019 According to Centris: Residential sales increased in March 2019, a modest 1 per cent compared to March of last year. This was the 49th consecutive monthly increase in sales. The Island of Montreal posted a 6 per cent drop in sales, while sales in Laval fell by 1 per cent. But one must take into account a 15 per cent drop in inventory compared to one...

Montreal Real Estate Market Update March 2019 Some of the highlights from the QPREB Report of the Montreal real estate market as of March 2019 February 2019, was an 8 per cent increase compared to February of last year. This was the 48th consecutive increase in residential sales Sales on the Island of Montreal fell slightly by 1 per cent. Across the Montreal CMA, the number of transactions rose by 4 per cent for single-family homes (2,436 sales), by 14 per cent for condominiums (1,588 sales) and by 7 per cent for plexes (339 sales). The median price of single-family homes across the...

2018 Finishes Strong in Montreal's Real Estate Market According to December's Centris report, across the Montréal CMA, the number of single-family home transactions rose by 3 per cent (1,491 sales) while condominium transactions grew by 2 per cent (993 sales). In contrast, plex transactions fell by 1 per cent (336 sales). The median price of single-family homes and plexes increased significantly across the Montréal CMA in December, reaching $327,450 (+7 per cent) and $525,000 (+8 per cent) The median price of condominiums rose by 3 per cent, reaching $272,863. In December, there were 18,970 active residential listings in the real estate brokers' Centris system,...

Montreal Housing Market Boom Through 2020 It's time for Montreal to shine! The Canadian Mortgage and Housing Corporation (CMHC) Fall Report was just released with good news for this city. According to their most recent forecast released Wednesday, the market here is far from peaking. Projected lower inventories of single family homes, and a continued strong job forcast, will keep real estate prices on an upward trajectory. Although condo construction is booming with the launching of many new projects becoming available, certain hot sectors of the city like the downtown core are in high demand. "Data from Altus Group shows, a record-setting 3,000 new...