Montreal Real Estate

What Montreal Rents Look Like By Neighborhood What Montreal rents look like by neighborhood tells several stories. The graphics and data via Square Feet AI, shows how Villeray has scaled massively in rent values over the years. It also shows the areas where the highest rents per square foot can be found. The chart is based on monthly rent for an average 2 bedroom unit. Pointe Claire, Le Plateau, Ville Marie and Le Sud Ouest, which is comprised of St Henri, Pointe St Charles, Griffintown and Ville Emard, Cote St Paul are neighborhoods garnishing some of the highest rent values per...

Montreal Market Performance January 2021 Montreal Market Performance January 2021 shows a real estate market that has continued to outperform last year's numbers. Sales for single family homes of all kinds have been in high demand and short supply, driving prices higher. Condos have also performed well, but appear to be in a more balanced market depending on the neighborhood and price point. Demand is still strong in many neighborhoods in greater Montreal, but for single family homes, the West Island offers more space for less $$$'s. The farther you travel out from the city center, the more bang you get for...

COVID-19 and Montreal's Changing Real Estate Trends COVID-19 and Montreal's changing real estate trends contain themes we see playing out across North America. As Montreal is now well into it's second wave of the pandemic we can clearly see some emerging trends. With most of the population spending more time at home and in some cases becoming the new work from home set up, more Montrealers are prioritizing homeownership and seeking out as much indoor and outdoor space as they can afford to improve their quality of life while working-from-home and social distancing. According to recent stats from the Royal Lepage Report,...

Montreal Market Highlights September 2020 Montreal Market Highlights September 2020 as a continued sellers market. According to Centris, “With an average selling time of only 46 days in the Montreal area, a new record has been broken for a month of September, reflecting extremely tight market conditions in favour of sellers, including for properties that are less desirable in normal times.” The Island of Montreal had a 28 per cent rise in sales, surpassing Vaudreuil-Soulanges (+22 per cent) this month. In September, with inventories remaining low, sales across the Montreal CMA for single family homes posted the largest jump in sales at 47%...

photo by ©Bonnie Meisels Montreal Market Update Fall 2020 Montreal market update fall 2020 continues to show a seller's market across many categories. Inventories remain low, especially in single family homes and condos at a certain price point.  According to the Centris statistics report "No Summer Respite for Montreal’s Residential Real Estate Market as Sales and Prices Set New Records". "In total, 4,878 residential sales transactions were concluded in August 2020. This represents a 39 per cent increase compared to August of last year and the highest number of transactions ever recorded for a month of August since the Centris system began compiling market data...

Montreal's Latest Market Update August 2020 Montreal's Latest Market Update August 2020: Amazingly enough, despite the huge drop in real estate activities over the few months of the COVID - 19 lockdown, here in Montreal, both sales and prices have strongly rebounded. It's as if all that pent up demand became unleashed once the market re-opened. There's still a shortage of inventory which is what's driving the Montreal real estate market this summer of 2020. "Montreal-area residential sales jump 46% in July, setting new record for month", read the Montreal Gazette article below. Here are some excerpts from the most recent second quarter Barometer...

Mont-Royal A Gem Of A Neighborhood Mont-Royal is a gem of a neighborhood and one of the best places to live in Montreal! This quartier, often referred to as TMR, is a small enclave of beautiful and charming homes surrounded by an abundance of green spaces.  Not only does the "town" as it's often referred to, have atleast 30 parks, but it also claims to have as many trees as it does inhabitants. In 2008 Mount Royal was designated a National Historic Site of Canada. Centrally located in the center of Montreal, "the town has a surface area of 7.43 km²...

[embed]https://youtu.be/3QgIQzDqXmo[/embed] Who Speaks for the Earth Who Speaks for the Earth? A question that I've been contemplating with both my head and heart for awhile. It looks like others that have come before me have grappled with this as well as I fortunately stumbled across a video by the iconic Carl Sagan, Cosmos by Carl Sagan - Episode 13: Who Speaks For Earth. Covid 19 has caused devastation across the world, but the one bright spot in all of this is the visible relief on the planet. With the reduction of boat traffic and noise pollution, wildlife is once again resurfacing in...

Montreal Market by the Numbers March 2020 Montreal Market by the Numbers March 2020 shows as expected, a very active first half of March and a drop for the second half. According to Centris, here are some of the details: -"In total, 5,907 residential sales transactions were concluded in March 2020, a 4 per cent increase compared to March of last year. Still, this was the 61st consecutive month of sales growth. For the first quarter of the year, 14,662 transactions were concluded in the Montreal CMA, a 13 per cent increase compared to the first quarter of 2019. -The Island of Montreal registered...