November 2016

Ten Emerging Trends In Real Estate 2017 Ten emerging trends in real estate 2017, features a great article by Curbed, giving us a picture of the U.S. economic growth and  real estate returns. Despite all the recent political uncertainty with Brexit and the U.S. election results, the United States still seems to be a safe haven for investment. "According to the Urban Land Institute’s annual Emerging Trends in Real Estate Report, which was just released this morning at their annual meeting in Dallas, real estate in the United States shows a more favorable outlook than much of the rest of the...

Urban Farming And Emerging Real Estate Trends The truth is real estate became super interesting for me when I realized that it crossed over into my passion for good, natural food! I always said my heart was through my stomache and it still holds true today. Years ago, at the start of the major push to build endless condos, I had the crazy idea of integrating small urban gardens on rooftops. Well why not I thought, we put pools, gyms and sometimes skylights on roofs. Why couldn't we have our own herb gardens, how wonderful would it be to go up...

Canadian real estate was once something well understood.  Since the unexpected results of the U.S. election results the Canadian real estate market has followed suit. Mortgage rates are on the rise, with RBC Bank, being one of the first to implement the rate increase New mortgage rules  The Canadian government has imposed tighter mortgage rules trying to ensure that Canadians can afford their mortgages.  An overheated Vancouver market was cooled by the new 15% tax imposed on foreign buyers as well as a 1% tax added to properties left vacant for more than six months Ontario doubles it's tax rebate...

Photo by Bonnie Meisels ©All rights reserved Recently rising interest rates came as big suprise here in Canada after much talk and speculation that rates would remain low for quite some time. A recent publication from TD Bank gives us a good snapshot of the current U.S. and global fiscal picture.  Although it's complicated, at least too complicated for me, this TD Economy report does a nice job of explaining some of the reasoning and underpinnings of the suprising rise in interest rates. Where it goes from here will depend on what unfolds in the new U.S. administration going forward. One...

The one-in-six rule: can Montreal fight gentrification by banning restaurants? Interesting article by The Guardian St Henri is an up and coming, sweet little neighborhood, close to the Atwater Market. The neighborhood has many shops, cafes and restaurants that have put this neighborhood on the map. It's this wonderful diversity, especially of good eateries that has people flocking to live in this urban hotspot. But, a debate has been brewing to limit the amount of restaurants. Read more about it here: https://www.theguardian.com/cities/2016/nov/16/one-in-six-rule-can-montreal-canada-fight-gentrification-banning-restaurants...

Montréal Real Estate Market is on a Roll According to the market report from the CMHC - Canada's Mortgage And Housing Corporation „On the existing home market, demand will be on the rise in 2016, and sales registered through the Centris® system will increase, reaching between 38,500 and 48,500 units. Existing home market: growth to continue in 2016 The year 2015 was characterized by renewed growth in home sales registered through the Centris® system, after five years of stagnation. This increase in sales should continue in 2016. Already in the first quarter, transactions recorded a strong gain (+10 per cent) over the same...

Photo by Bonnie Meisels© Best Montreal Real Estate Market October 2016 - Posts Vigorous Price Increases Via CNW According to the latest Centris statistics the Montreal real estate market in October 2016 in Greater Montreal has been the best October in seven years! Sales by geographic area All five main areas of the Montréal CMA contributed to the sales increase in October. Vaudreuil-Soulanges registered the largest increase in sales, as the number of transactions jumped by 45 per cent. The South Shore (+10 per cent), the Island of Montréal (+6 per cent), the North Shore (+6 per cent) and Laval (+6 per cent)...

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