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Montreal Real Estate

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...

COVID 19 And Montreal Real Estate   COVID 19 And Montreal Real Estate finds us in a state of flux and change. Just as Premier Legault sent us into full lockdown mode, the Montreal housing market was booming and in full swing. Open houses were packed with lineups at certain properties. Most of the sales went from five thousand to several hundred thousand over asking. Pre-Covid, inventories were low, demand was high, and prices were on a continual rise. The reality is that although prices continued to increase, Montreal's prices still remained substantially lower than there counterparts in the Toronto and Vancouver...

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...

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:                                   ...

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 ...