Montreal Real Estate

Montreal's Crown Jewel: A Comprehensive Guide to the Golden Square Mile   Montreal's crown jewel: A comprehensive guide to the Golden Square Mile hgihlights the history, the sights to see, some of the top rated restaurants, real estate, and above all, what makes this Montreal neighborhood so unique and special.   Introduction   The Golden Square Mile is situated at the base of Mount Royal in the heart of downtown Montreal. It is a historic and vibrant neighborhood teeming with grand architecture, elegant streets, lush green spaces, and a rich history. Known for its luxurious mansions, world-class shopping, and gourmet restaurants, the Golden Square Mile is...

The Latest Montreal Real Estate Market Update 2023   The Latest Montreal Real Estate Market Update 2023 - the latest stats for February 2023 for the Montreal GMA     [pdf-embedder url="https://www.realestatemontreal.net/wp-content/uploads/2023/03/stats-202302-en.pdf"]   Main summary and takeaways via Centris: The Montreal CMA continued to post record declines in sales in February, but no longer differs from the rest of the Province in this regard. The accumulation of unsold properties on the market caused active listings and selling times to jump, but levels remain well below historical averages. Median prices are down from the same period last year, but up from January 2023.   "“Despite an all-time low number of...

Best Places to Invest in Canadian Real Estate Introduction Real estate is a great way to grow your money and invest in the future. In Canada, you have many options for investing in real estate, but only some are the best places for long-term growth. This article will focus on the best cities to invest in real estate in Canada so that you can start planning your next big investment. Montreal is the Best Canadian City to Invest in Real Estate Montreal is a great city to live in. It's affordable, has a vibrant culture, and it's booming with new businesses. The food scene...

Photo by ®Bonnie Meisels   Highlights: Emerging Trends Report 2023 - by PWC & Urban Land Institute     Highlights: Emerging Trends Report 2023 by PWC & the Urban Land Institute:   The report is a whopping 109 pages long but worth the read. It goes into great detail and has tons of data on past market performance, inclusive of the market outlook for 2023. U.S. locations are classified as "Magnets, The Establishment, Niche, Backbone, and then further classified as Sun Belt, 18 hour cities, supernovas, etc .   These classifications are also ranked by location and property sector, and demand. It succeeds in identifying possible opportunities or waning...

  photo by ®Bonnie Meisels Montreal Market Forcast 2023: Trends, Statistics And Potential Opportunities     The Montreal market forcast for 2023 will depend on mostly two things, the state of interest rates and inventory. It feels like it was only a few months ago that I was writing the Montreal market forcast for 2022, I honestly don't know where this year has gone as it feels as if time flew by so fast, especially the last six months! As we all know inflation, evidenced by the price of gas, food, and continuos rising interest rates, continue to put a huge strain on people. The question...

Introducing 1280 Rue Sherbrooke Ouest #1110 - Ritz Residences    Welcome to 1280 Sherbrooke Ouest #1110 located in the Ritz Residences in Downtown Montreal. This stunning 2 bedroom + den features the highest quality finishes as well as impeccable style and design. The condo features 2 large bedrooms each with their own ensuite bathroom. There's a large balcony with great city views, and a feeling of spaciousness with the 11 foot high ceiling accents.   https://youtu.be/63_kap7rWq0   View the full listing   The Ritz Residences provide an incredible 5 star, luxury hotel style lifestyle. The building has an indoor pool, spa, gourmet restaurant Maison Boulud, 24 hours security,...

Parched! The French Countryside This summer I had the priviledge of visiting parts of the French countryside, Les Alpes-de-Haut-Provence and Provence-Alpes-Côte-d'Azur. Two stunning areas well known for the Gorges du Verdon which you could say is like the Grand Canyon of France as well as the famed lavender fields of Provence. I debated as to whether to rent a car as I was travelling alone.  I don't drive manual, and have heard alot about the twisty, white knuckled driving required through these parts. Truth be told though, the thought of doing a 10 - 11 hour tour and being picked up at...

WHAT'S HAPPENING ON THE LOCAL MONTREAL REAL ESTATE FRONT Since I'm back in Montreal, it seems like we're getting some of that rain that other parts of the world are most desparate for. Temperatures have ranged from 22 to 28 degrees celcius with most mornings being on the cool side. It's hard to believe that the end of summer is upon us, it's so short lived that time feels fleeting. While I was away, the Bank of Canada in July, enacted another huge interest rate hike of 1%. Of course the rising of rates is going to effect the amount of buyers...

Where Do We Go From Here - A Market Snapshot   Where Do We Go From Here - A Market Snapshot takes stock of where we find ourselves mid year of 2022. With the steady rise of interest rates and possibly more on the horizon, we are starting to glimpse the repercussions. Price inflation on everything from gas to food, combined with hampered supply chains due to Covid, have created a self escalating effect. The question remains as to whether efforts by the central banks to tame inflation, will eventually go too far, causing the economy into deep contraction and/or recession. Housing...

Are We In A Real Estate Market Shift? Are we in a real estate market shift? I guess that remains to be seen! There are definitely some adjustments that will take place in the wake of the Bank of Canada's recent sharp and swift interest rate hikes. For the moment, inventory on the Island of Montreal is still low and not meeting the demand of buyers, depending of course, on the type of product and location. If the supply begins to increase, it will definitely put some pressure on prices, creating a more balanced market.  It's still a good time for...

In Support of Ukraine In support of Ukraine is written with the view point of being the daughter of a holocaust survivor. Growing up, I often heard the expressions “never again” and “we must never forget”. It’s a miracle that my father’s family survived the Siberian Labor Camps to even make it here to Canada. They were lucky to be sponsored by a distant family relative who made all the difference to my family's survival. If it wasn't for this family, my siblings and children would not be here...

On Kindness And The Real Estate Outlook in 2022   On kindness. I honestly find it hard to believe that we’re already in January of a new year. 2021 felt like it lasted 6 months rather than 12, or maybe that’s because so much of our time in the first half of the year was spent in curfew, lockdown and the zoom form of human contact. The one silver lining in my case, is my husband and I got to spend more quality face time with 2 of our kids who spent more time at home. Gary Vaynerchuk has been recently espousing the...