Despite pandemic, Montreal’s real estate market had a record year The QPAREB reported a “record-setting sales” year for 2020, with a projected 110,000 transactions. Looking ahead, Charles Brant, director […]
A Valuable Addition to the Team – Anna Donato! We are always here to help you with all your real estate needs … we couldn’t have done it without the support […]
It’s been a really hard this year but at last, the time to say goodbye to the year 2020 finally arrived. And now, here we are, ready to welcome the […]
L’Île-des-Sœurs, November 3, 2020 – The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its residential real estate market statistics for the Montreal Census Metropolitan Area (CMA) for the month […]
NOV 3, 2020 | PRESS RELEASES, SALES STATISTICS Quebec City, November 3, 2020 – The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its residential real estate market statistics for the Quebec […]
Canadian home prices posted across-the-board monthly gains in September, led by the Ottawa-Gatineau , Montreal and Quebec City markets, for the second-strongest September on record, data showed on Tuesday. The […]
Realtor Michelle Symons has been advising many of her clients to write letters. “I usually have my buyers write a letter to make sure that they can tell the sellers […]
I’m thankful to Thanksgiving Day because it gives me an opportunity to express my gratitude to you guys. I feel blessed to have you in my life. We may not […]
Canada’s homebuilding activity remained historically strong last month even though the annual pace of starts plunged 20 per cent from August, economists said Thursday.Canada Mortgage and Housing Corp. said the […]
“If 20 per cent of mortgages under deferral eventually become delinquent in Canada, this equates to a mortgage delinquency rate of 2.3 per cent which is almost 4 times higher […]
https://www.bnnbloomberg.ca/in-echo-of-toronto-condos-start-flooding-the-market-in-montreal-1.1505074?jwsource=cl It’s not just Toronto. Montreal is seeing a flurry of condos being put up for sale, suggesting the city’s housing boom may be fading as the effects of the […]
“If 20 per cent of mortgages under deferral eventually become delinquent in Canada, this equates to a mortgage delinquency rate of 2.3 per cent which is almost 4 times higher […]
https://www.bnnbloomberg.ca/condo-listings-surge-215-in-signal-of-downtown-toronto-weakness-1.1504213?jwsource=cl Toronto’s /Montreal’s thriving housing market is beginning to show signs of strain, particularly in a condo segment suddenly flooded with new listings. September data from the Toronto Regional Real […]
This fall, loan payments unemployed borrowers kicked down the road must start being repaid again, plus interest With a six-month window for some borrowers to defer their loan payments closing […]
Loan balances still on deferral plans down to six per cent of portfolio, or approximately $1.66 billion Driving the results was a quarter-over-quarter drop in the amount of money that […]
CMHC Tightens Mortgage Loan Insurance Criteria The Canada Mortgage and Housing Corporation (CMHC) announced on June 4 that it is restricting its underwriting policies for insured mortgages. According to the CMHC, job […]
In a special report, the National Bank presents its most recent real estate forecasts for Canada in the context of the COVID-19 pandemic. Recognizing the current high level of uncertainty, economists […]
According to the Conference Board of Canada, the proportion of Quebecers who felt that the time was right to make a major purchase, such as a property, increased to 22.4 per cent in […]
The CMHC Expects Property Prices to Fall Significantly in 2020 In a special edition of the Housing Market Outlook, the Canada Mortgage and Housing Corporation (CMHC) presents its forecast for how […]
Good morning! Realtors and market observers say Canada Mortgage Housing Corporation’s prediction that home prices could plunge 18 per cent year in a year’s time, don’t reflect the resiliency of […]
CREA economist Shaun Cathcart on how the overheated markets before the crisis could become a source of strength after… Shaun Cathcart, senior economist at The Canadian Real Estate Association, talks […]
Make Room for Life – The living room goes to bed late, and still wakes up early. It is the hardest working room in the house where you can Make […]
Watch for SYMPTOMS Reported illnesses have ranged from mild symptoms to severe illness and death for confirmed coronavirus disease 2019 (COVID-19) cases. The following symptoms may appear 2-14 days after exposure.* FEVER […]
March 24, 2020Here are the main findings of the QPAREB’s Market Analysis Department, based on the most recent data collected by the Centris system of real estate brokers.The number of […]
Please visit the COVID-19 section of your extranet for all the latest developments. Update 5The QPAREB is aware that the COVID-19 pandemic is causing a sudden slowdown in the real estate market, […]
Impact of virus on economy, self-isolation measures may keep buyers home and make them more cautious about taking on a large mortgage Social distancing advisories and the potential for lockdowns […]
The best variable mortgage rates are 2.39 per cent or less. These vary by your location, property and cr editworthiness. Amid crumbling financial markets, hundreds of thousands of Canadians must […]
Here are four ways to find more of what you’re looking for in your online property search. Working with a realtor is the best way to ensure you learn about […]
Market poised for a hot spring — with lower mortgage rates likely to offset any major drag from the coronavirus anada’s housing market is poised for a hot spring — […]
Canadian home prices rose modestly in January, paced by gains for the Eastern Canadian metropolitan areas of Hamilton and Montreal, data showed on Thursday. The Teranet-National Bank Composite House Price […]
City of Montreal to exercise right of first refusal to turn properties for sale into social housing Mayor Valérie Plante says Montreal has identified 300 properties that it will attempt […]
Most home ownership affordability programs are geared to first-time buyers. But you may in fact qualify as a “first-time” buyer. It’s not just first-time buyers who are concerned about skyrocketing home […]
QUEBEC — The official opposition is calling for a tax to curb real estate speculation in the Montreal region. If nothing is done, property will soon be ‘unaffordable,’ said the […]
The federal government is changing the stress test rate for insured mortgages starting April 6. The government says the change will allow the rate to be more representative of the […]
Your Referrals Can Earn You $500 (or more)! We need your help because your referrals are the lifeblood of our business. Only through YOUR assistance can we keep building the […]
The terminology, regulations, process and guarantees are different than what you may experience buying a detached or semi-detached home Buying a new condo isn’t quite the same as buying a […]
Aggregate home prices in the Greater Montreal area rose 6.3 per cent in the fourth quarter of 2019, real-estate company PR said. Trees don’t grow to the sky, but maybe […]
There may be more homes on the market as needs of seniors change, but population projections suggest the effect will be limited. House-hunting is more frustrating than it used to […]
Real estate broker Nathalie Bégin can’t recall a time during her three-decade career that the local market has been so tilted toward sellers. Bégin, who runs Ahuntsic office, cites the […]
It’s not called house hunting for nothing. Arm yourself with information before you make your move. Times are tough for house hunters in Montreal right now. In most parts of […]
Get ready for another strong year in Montreal real estate. Quebec as a whole is outperforming the rest of Canada. Yet housing affordability has deteriorated and is now approaching “critical […]
It’s not easy to find an affordable apartment in Montreal these days. Vacancy rates are lower than they have been in 15 years, hovering around one per cent — or […]
Montreal is emerging as one of Canada’s hottest markets for luxury real estate, according to two recent reports on the country’s top-tier property markets. Sales of multimillion-dollar homes are soaring […]
Au cours du mois de décembre, les ventes résidentielles ont bondi de 31% dans la région métropolitaine de recensement (RMR) de Québec. «En décembre, pour une quatrième fois au cours […]
What Is a Reverse Mortgage? The most common type of reverse mortgage is a loan insured by the Federal Housing Administration (FHA), which is also called a HECM. It allows […]
I should have known better than to ask a Vancouver realtor how much half a million could get you in Lotusland these days. “It’s pretty easy,” laughed MacDonald Realty broker […]
It’s not called house hunting for nothing. Arm yourself with information before you make your move. Times are tough for house hunters in Montreal right now. In most parts of […]
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Canadian real estate buyers are unusually busy at a time of year when no one’s selling. Canadian Real Estate Association (CREA) data shows the sales to new listings ratio (SNLR) increased across […]
Happy 2020 New Year Montreal! Dear friend you have made the past year very special and important for me. Having you around, every moment becomes special for me and I […]
OCT 16, 2020 L’Île-des-Sœurs, October 16, 2020 – The Quebec Professional Association of Real Estate Brokers (QPAREB) has released its most recent residential real estate market statistics for the province of Quebec, […]
