June 2017

Foreign Home Buyers Are Looking To Montreal According to the greater Montreal Real estate Board there were 5,057 residential sales in May, a 15 per cent increase from last year. The median cost of a single family home increased to 6 per cent from last year to $319,000. “As I understand it, non-resident buyers have been a growing factor in Montreal for some time,” said Doug Porter, chief economist with the Bank of Montreal. “It hasn’t been obvious since the inflows are not as significant as in Vancouver or Toronto, and the underlying market simply isn’t nearly as tight as in those...

Paint Your Bathroom This Color And Boost Your Sales Price! Boost your sales price by $5440.00 by painting your bathroom blue, and this is the data behind it! Who knew that painting your bathroom blue could significantly increase your sales price!  According to Zillow, after analyzing the sales of 32000 homes, they found that " homes with blue bathrooms — specifically light shades like powder blue or periwinkle — fetched $5,400 more than expected when sold." To get a look at just how much money was realized by room and paint color, check out this chart: Other colors that made a difference were beiges...

No Foreign Tax In Montreal No Plans For A Foreign Tax In Montreal means that Montrealers can relax safe in the knowledge that there are no plans to implement a tax on foreign buyers that wish to buy Montreal real estate. Vancouver implemented their tax about a year ago, Ontario, in April 2017. Many feared that Montreal would follow suit, but the truth is our real estate market never became overheated like Vancouver or Toronto's. According to the article written by CTV News: "The average prices of all homes in the Montreal area was $364,373 in April, roughly a third of what they...

Photo source: Miracle Farms A Garden Of Eden In Quebec A Garden Of Eden In Quebec is about an organic permaculture farm in Quebec that really is like the garden of eden! This special place, is called Miracle Farms. It has an abundance of beautiful produce is open for a short time during the summer and early fall.  A 60$ membership, gets you: $20 of UPick foods included One free tour with a guest per year The opportunity to order our grass raised meat The opportunity to come to the farm during our "members only" open days But most importantly, it gives you...

Montreal Market Update 2017 The Montreal Market Update 2017 -  It's hard to believe but the year is halfway over! Some of the stats are in and Montreal's real estate market has been performing extremely well. I thought I would share the QFREB's latest market report called          "The Economist". According to "The Economist", "The resale market in Québec had a much better start to the year than we had anticipated. In the first four months of 2017, the increase in residential sales stood at 3 per cent." Access the Montreal Market report below: [gview file="http://realestatemontreal.net/wp-content/uploads/2017/06/a-word-from-the-economist.pdf"] Centris Sales Stats 2017 vs 2016     http://business.financialpost.com/news/property-post/we-arent-as-crazy-as-vancouver-and-toronto-montreal-property-market-basks-in-goldilocks-status          ...

Optimization WordPress Plugins & Solutions by W3 EDGE