10 Dec The Best Food In Montreal And November Real Estate Performance
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.
Today, we’re excited to announce the winners of the 2021 Eater Awards, celebrating some of the best in new dining to grace Montreal since January 2020. From St-Hubert Street’s happening new Thai restaurant Pichai to NDG quick hit Café Entre-Deux, the spots below are just a few of the new restaurants that have made their mark on Montreal’s vibrant dining scene over the past two years, even as unprecedented crisis unfolded all around.
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
Bourdain travels to the province of Quebec where he samples local delicacies in Montreal and Quebec City and explores ice fishing and beaver hunting and spen…
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 context of a low supply of properties on the market and persistent high demand, pressure on prices for residential real estate in the Montreal region remains strong. The good news is that in November, new listings showed signs of exceeding pre-pandemic levels when compared to November 2019 or even 2018,” said Charles Brant, director of market analysis.” The expectation of an earlier than expected rise in interest rates may have sellers decide to sell earlier rather than later, to capture the benefits of the current seller’s market.
Other hightlights via Centris:
- “On the Island of Montreal, sales declined less sharply than in the rest of the CMA, reaching a total of 1,673, a decrease of 12 per cent compared to November 2020. It should be noted that the same period last year saw a more moderate level of growth (+21 per cent) on the island compared to the rest of the CMA (+32 per cent). The current level, however, represents a gain compared to November 2019, when the number of sales reached 1,578.
- Continuing the trend of recent months, all areas in the CMA’s periphery experienced a decrease in their number of sales compared to November 2020. Again, the lack of single-family homes was the main factor in slowing sales. Vaudreuil-Soulanges experienced the strongest decline (182 sales; -33 per cent), followed by Laval (419 sales; -22 per cent), Saint-Jean-sur-Richelieu (100 sales; -19 per cent), the North Shore (1,010 sales; -18 per cent), the South Shore (1,018 sales; -17 per cent).
- There was a decline in sales for all residential categories compared to November 2020. Single-family homes posted a drop of 23 per cent (2,100 sales), while plexes (528 sales; -11 per cent) and condominiums (1,768 sales; -10 per cent) saw comparable decreases.
- Active listings on the Centris system declined during the month of November, after experiencing a slight upturn from July to October, although this decline tends to stabilize with more properties coming to market in November. The number of residential listings in November thus stood at 10,693, a decrease of 20 per cent compared to November 2020.
- Median prices continued their upward trend in November. The median price of a single-family home in the CMA reached $525,000. Condominiums, for their part, saw median prices drop to $374,000. The median price of plexes is now $725,000. Respectively, these prices represented increases of 21 per cent, 18 per cent and 15 per cent compared to last November. Apart from condominiums, which saw a slight decline, these median prices were also up from October 2021.
- The market context remains tense in the CMA, with a very high number of sales concluded following an overbidding process.”
“Toronto, ON and Kelowna, BC, December 1, 2021 – RE/MAX is anticipating steady price growth across the Canadian real estate market in 2022, with inter-provincial migration continuing to be a key driver of housing activity in many regions, based on surveys of RE/MAX brokers and agents, as reflected in the 2022 Canadian Housing Market Outlook Report. The ongoing housing supply shortage is likely to continue, putting upward pressure on prices. As a result of these factors, RE/MAX Canada estimates a 9.2-per-cent increase in average residential sales prices across the country*.
Access the report below:
For those of you that are wondering about the weather here in Montreal, you may be happy to know that we are getting a few days of milder temperatures ahead, and possibly some sunshine to boot! My buddycat here is keeping me company again as I write this:).
If only I could sleep the way this guy does….. check it out! Here’s my ode to the master, Claude Monet. He’s a Fauvist cat!