The Economy Tag

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24 Dec

The Truth About Internet vs Brick & Mortar Stores So what's the the truth about internet vs brick & mortar stores? As the internet and ecommerce continues to become a large sector within our global economy, many entrepreneurs are stuck wondering what online success means for offline shopping channels. It is no secret that internet has pervaded nearly all aspects of modern society, and within the online shopping realm, e-commerce has grown about 15% in last year alone. We can see from https://love.shopping.fm statistics on the both online and offline retail that online growth is set to outpace conventional offline retail sector growth...

14:02 / Uncategorized
10 Aug

It's Official Canada's New Hot Housing Market Is Montreal Canada's New Hot Housing Market Is Montreal! With the cooling of Toronto's housing market since the imposed 15% tax on foreign buyers, and the days of never ending price increases in Vancouver now well behind us, Montreal has picked up the slack.  Montreal posted a 15% increase in sales in May 2017 over this same month last year.  Prices, while expected to rise only by 1%, in fact rose by 6%. There is quite a lot of interest from foreign buyers who have fallen in love with our beautiful city and like...

04:10 / Montreal Real Estate
27 Apr

Is Affordable Home Ownership A Thing of The Past? Montreal's median prices for single family homes are $300,000 lower than they are in Toronto and $500,000 lower than they are in Vancouver.  The lackluster condo market of 2015 was replaced by steady growth in sales in 2016. "Montreal registered the lowest unemployment rate in 30 years in December 2016 with immigration rates skyrocketing. According to the Royal Bank of Canada, Vancouver and Toronto were ranked the first and second most unaffordable cities in Canada with Montreal ranked third. Now that both the Ontario and Vancouver real estate markets have imposed a 15%...

04:30 / Montreal Real Estate
12 Dec

Canadian Homeownership For today's blogpost, I'd like to share with you the press review from the Greater Montreal Real Estate Board. The review consists of a few interesting articles about Canadian homeownership and real estate. 12/12/2016 The doomsday scenario: Why you’re more tied to real estate than you think and what you can do about it Canadian real estate prices only have three main directions they can go: Up, flat or down. Now that we have gotten that out of the way, this article is about what happens if they go down. It is not a prediction, but just trying to paint a picture...

18:58 / Montreal Real Estate