Montreal Real Estate

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...

The Best Food In Montreal And November Real Estate Performance The best food in Montreal and November real estate performance has the list for Montreal's best eateries in 2021!  Enjoy discovering the winners. https://montreal.eater.com/2021/12/8/22821720/2021-eater-awards-winners-montreal-best-new-restaurants Montreal is one of the best cities as far as food goes! This city enjoys a global reputation for it's awesome and diverse cuisine. Enjoy this awesome documentary Anthony Bourdain: Parts Unknown | Quebec & Canada | S01 E04 | Reel Truth Documentaries https://www.youtube.com/watch?v=8OpXNS5G7fo On another note, here are the highlights on November's market data via Centris: "Demand is Still Strong in the Montreal CMA Despite Lack of Choice and High Prices" “In the...

What does the Canadian Housing Market Look Like in 2022?   What does the Canadian Housing Market Look Like in 2022?  Here are the market highlights and data via CREA (The Canadian Real Estate Association):   HIGHLIGHTS National home sales rose 8.6% on a month-over-month basis in October. Actual (not seasonally adjusted) monthly activity was down 11.5% on a year-over-year basis. The number of newly listed properties climbed by 3.2% from September to October. The MLS® Home Price Index (MLS® HPI) rose 2.7% month-over-month and was up 23.4% year-over-year. The actual (not seasonally adjusted) national average sale price posted an 18.2% year-over-year gain in...

The Latest Market News, COP 26 & Web 3 The latest market news, COP 26 & web 3 as you obviously can tell, looks at many diverse topics happening at the moment. There's just so much happening in the world right now that every 24 hours ushers in a bombardment of news and change is happening at an unprecedented, accelerated breakneck pace. Right now COP 26 is taking place over several days in Glascow Scotland. The wonderful thing about this is that you can watch it streamed live for free. Read more about it here.   Together for our planet! https://together-for-our-planet.ukcop26.org/ https://climatehub.nytimes.com/streaming The summit takes place until November...

Questions vs Possible Solutions for a Greener Planet & the Latest Market News Questions vs Possible Solutions for a Greener Planet & Latest Market News is about trying to actively find answers to some big problems. I don't know about you, but I'm so tired of people bringing up and/or discussing all the environmental problems the planet faces right now, without at least suggesting some possible solutions. At a recent conference I attended I learned about a new initiative in Barcelona that plans to provide free solar panels to it's population. This is part of a public - private partnership. " Barcelona...

What's Driving Our Market & Affordable Real Estate What's driving our market & affordable real estate is a blog post addressing two different aspects of our current Montreal housing market. Here's a snapshot of the most recent sales data for Montreal in August 2021 via Centris. If we compare the inventory numbers from August 2020 to August 2021, active listings, inventory was down -26% for single family homes and -14% for condominiums. It doesn't take a rocket scientist to understand what this data is showing in terms of supply and demand. With lower supply, it will remain a seller's market translating into higher...

Montreal Mortgage Rate Outlook for 2022 & 2023 Montreal Mortgage Rate Outlook for 2022 & 2023 show that long-term government bond rates have risen from 0.3% to 1.0% since January. Following the Bank of Canada's  (BoC) May announcement, it confirmed in June that it might start raising short-term interest rates in late 2022, as a result of a brighter outlook for the Canadian economy. 5-year mortgage rates are expected to continue rising, although their current low by historical standards. Forecasters anticipate the economic recovery will not gain full traction until late 2021 or 2022. With the surge of the Delta Variant, we will have...

Feature Photo Credit APCIQ / Centris  - Info Source Credit APCIQ / Centris Montreal Real Estate Market 2021 & Beyond Montreal real estate market 2021 & beyond provides a complete snapshot of the market across many factors. From immigration, unemployment, projections for 2022 and the past performance of 2020, we can get a clearer picture of where things are at.   Everyone has witnessed a housing market with steadily increasing prices and inventory shortages, especially in certain markets. The question is will this continue? Is inflation a part of why we are seeing this. Prices have increased across many categories, not just housing. From...

Wake Up Call & Climate Migration Map source: https://droughtmonitor.unl.edu/ Wake up call & climate migration tells a visual story of climate urgency. I was recently looking at the drought map of the west coast and the picture is quite alarming. Not only is this part of the U.S. experiencing unprecedented heat and high temperartures, but without sufficient water, this doesn't bode well for one of North America's primary bread basket. Another alarming sign of trouble is the drought-parched Lake Mead which could leave seven states high and dry. Lake Mead: The devastating impact of drought on America's largest reservoir | I'm not sure how much more...

ODE TO MOTHER EARTH In honour of this Mothers Day I feel compelled to give thanks to our mother earth.  I want to express my gratitude to all the  trees that work 24 hours, non stop, consuming CO2, Let us not forget that without this, there wouldn't be enough oxygen in the atmosphere to sustain humanity's existence on this planet. . The oceans also play a vital role in CO2 absorption.  Currently, an over abundance of CO2 is causing the oceans to become chemically imbalanced. This increased acidification is making it harder for many of it's inhabitant species to survive. The...

EN FR