January 2017

The Montreal Vacation Home This past year I had the distinct pleasure of getting to meet a colleague of mine from Texas who made the decision a few years back to invest in a vacation home here in the Le Plateau neighborhood of Montreal. She originally came to visit Montreal in the fall of 2000 and loved it so much, she returned and rented a place in the Plateau for 30 days in August of 2002.  Finally, in May of 2006, after contemplating for several years, she and her husband took the plunge, purchasing a lovely pied à terre by Le...

The Resurgence of Walkable Neighborhoods From the youngest generation to the oldest generation, there’s consensus that walkability is a shared amenity that needs even more attention in our cities. In fact, walkability is the feature of cities that holds promise to reduce the sprawl that we all hate. People want to be able to walk to get food, visit a restaurant, get a cup of coffee—or just walk to walk. That drive to increase walkability requires a unique mix that’s often found in rejuvenated downtowns. There are schools and workplaces, as well as sidewalks and parks. People gather in open, public spaces,...

Montreal Real Estate Stats 4th Quarter 2016 After a healthy and strong Montreal real estate market in 2016, this last quarter is looking to be a bit weaker here in the last quarter. Here are some of the preliminary numbers courtesy of the QFREB Market Analysis Department: Housing Starts Decreased in Québec in the Fourth Quarter of 2016 According to preliminary data from the Canada Mortage and Housing Corporation (CMHC), there were 8,783 housing starts in Québec centers with 10,000 or more inhabitants during the fourth quarter of 2016. This represents a drop of 5 per cent compared to the same period in 2015....

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