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 […]
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 […]
Economic Highlights 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 […]
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 […]
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 […]
Victoria sur le parc – Address: 700 rue Saint-Jacques, Montréal Completion date: 2022 Contract: Construction-Management Broccolini’s newest and biggest mixed-use project in Montreal yet. Launching fall 2018. **** Become a […]
2020 could end up being a seller’s market if new listings fail to match the growth in sales It’s been a year of ups and downs for Canada’s housing markets, […]
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 […]
If you want to switch things up from downtown Montreal, check out these spots. Montreal is nothing if not diverse, and each one of our many boroughs reflects that. We […]
Municipalities need revenues to pay their employees and to provide services to their citizens, and the primary source of obtaining and increasing that revenue is through property taxes. Therefore, municipalities […]
Buying a home or condo is undoubtedly one of the most stressful steps in one’s life. At GuideHabitation.ca, we have spent the last several years observing this purchase process from […]
As home prices rise, off-island buyers in places like Hudson and St-Lazare have the upper hand when it comes to single-family homes. The number of homes sold in Montreal has […]
Condo soundproofing has greatly improved over the last 20 years. Despite that, noise is still the second most important cause of discord between owners. Survival guide . . . Jocelyne […]
You have savings to buy your first house and you are short but not by much? Here is a strategy that allows to convert a bank loan in a RRSP and then […]
For somebody looking for a new home, these are confusing times we live in. Gone are the good old days of les habitants, when all you had to do was walk […]
When it comes time to consider buying property, choosing the right neighborhood is probably the first decision to be made… along with your budget. Ironically, the two are intrinsically linked, […]
Reservations, preliminary contracts and deposits : what are common practices in the industry? How can you acquire the condo of your dreams without taking any useless risks? Experts have the […]
Everyone wants to pay less taxes! Is there anything that can be done concretely at the end of the year to soften the blow? There are major differences between owning […]
In Montreal, more than a dozen of residential skyscrapers will be home of hundreds of new condos. Real estate developers see Montreal as ripe for development. There is a long […]
An Exceptionally Active Month of August on Montreal’s Real Estate Market Centris Residential Sales Statistics – August 2019 L’Île-des-Sœurs, September 6, 2019 – The Quebec Professional Association of Real Estate […]
