September 2017

Feature photo by ©Bonnie Meisels Montreal's Renaissance As A Business And Luxury Center Of Canada Montreal's renaissance as a business and luxury center of Canada is referenced in the recent New York Times article "A Luxury Building Boom Hits Montreal" by Aili McConnon. One can't help notice the transforming downtown core with all the construction cranes and new development projects underway.  "The largest of the developments is the new Four Seasons Hotel and Private Residences Montreal, a more than $200 million hotel and condo project that highlights the city’s renaissance as a business and luxury center of Canada. This current revitalization of...

Feature photo by Jason Briscoe Montreal Is A Rising Star In The Luxury Real Estate Market Montreal is a rising star in the luxury real estate market, according to Sotheby's International Realty Canada, which just published their forecast for the 2017 Fall Market. The luxury market in Montreal is poised for continued growth as sales increase and prices increasingly reach the 1 Million plus range. Summer sales of properties of one million and over surged 60%, while the city's luxury condo sales increased by 40% over the same period last year. Brad Henderson, President and CEO of Sotheby's International Realty Canada is optimistic: "The...

First Organic Rooftop Farm Atop IGA Duchemin The first organic rooftop farm atop IGA Duchemin is the largest and first grocery store in Canada to sell produce grown on its own roof. Store owners Richard, Daniel, and Francis Duchemin own and run the IGA extra Famille Duchemin store located in the borough of Saint-Laurent. Required by St-Laurent to install a green roof, Richard Duchemin, decided to treat that as an opportunity, instead of a constraint. He teamed up with urban farmers from La ligne verte (Green Line: Green Roof) to make the vision of an urban farm project a reality. I recently had the...

Featured Photo by Jesse Orrico Cool Home Repair Videos And Other Stuff Cool home repair videos and some others that I thought you'd like! If you're like me, you prefer to watch a video to better understand how to do stuff. Here are a few videos that you might find interesting. https://youtu.be/yxviTLVjvDQ Be inspired by this compilation of beautiful homes from around the world; https://www.youtube.com/watch?v=iuc9R-3lge8 And Some Other Fun Stuff: https://www.youtube.com/watch?v=xGgDtUzTK2I https://www.youtube.com/watch?v=eQEPQEE-RlM https://www.youtube.com/watch?v=taPH9s4Iv1w Check out this website for more do it yourself, handyman tips: https://www.familyhandyman.com/skills For some fast fixes: http://www.diynetwork.com/how-to/maintenance-and-repair/repairing/simple-home-repairs Another site for do it yourself projects for home improvement stuff is http://www.homeimprovementstuff.com/        ...

Canada's Rising Interest Rates Canada's rising interest rates come after a prolonged period of extremely low rates.  According to an article on The Financial Post; "Dana Peterson, Citi Research The BoC hiked today catching markets off guard, once again … The stronger-than-expected Canadian economic performance largely influenced the decision to hike. The Bank cautioned that while the “removal of some of the considerable monetary policy stimulus in place [was] warranted,” policy is not on a predetermined course. Nonetheless, we believe the action sends a powerful signal to markets that the Bank is likely initiating a tightening cycle, not simply engaging in oil shock “insurance”...

Montreal Real Estate Trends August And September 2017 Montreal real estate trends August and September 2017 - The numbers are looking good! Download the latest Montreal real estate trends for August and September 2017, via the QFREB, RBC, BMO, Quebec Stats [gview file="http://realestatemontreal.net/wp-content/uploads/2017/09/statscentris_aout2017_en.pdf"] [gview file="http://realestatemontreal.net/wp-content/uploads/2017/09/monthly-economic-monitor.pdf"] The Latest Economic Stats for Quebec BMO Economic Forcast September 8th 2017 [gview file="http://realestatemontreal.net/wp-content/uploads/2017/09/BMO-Economic-Market-Forcast-September-8-2017.pdf"] RBC Provincial Trends September 2017 [gview file="http://realestatemontreal.net/wp-content/uploads/2017/09/RBC-Provincial-Trends.pdf"] RBC Canadian City Trends [gview file="http://realestatemontreal.net/wp-content/uploads/2017/09/RBC-Canadian-citytrend.pdf"] On the Quebec Economy; "Last month, Standard & Poor’s announced that it was raising Quebec’s credit rating from A-plus, to AA-minus, the highest rating the province has enjoyed since 1993, and again, better than Ontario’s." https://nationalpost.com/news/canada/from-the-doghouse-to-a-powerhouse-quebecs-economy-has-rebounded  ...

Yoga In Montreal Yoga in Montreal is awesome. I started doing yoga in Montreal almost 15 years ago. When I began doing yoga, it wasn't quite popular here yet. Now, there's a yoga studio in almost every neighborhood. The studio I go to in Le Plateau is called Equilibrium Yoga. It's not exactly next door to me, but I often think about how great it would be to live within a 5 - 10 minute walk to the studio. If you haven't tried yoga yet, I recommend that you experiment with different types to find the style that works for you and...

Condo Sales Drove An 8-per-cent Increase In Residential Sales Condo sales drove an 8-per-cent increase in residential sales and Montreal remains a relative bargain even though the average real estate price increased 4.1 per cent to $374,333 in August! Montreal's real estate market proved to be red hot in August with record sales and rising prices.  Condo sales surged 19% and single family homes, 4%.  While the island of Montreal posted a 12% increase in sales, Toronto's sales of detached, semi-detached, condos and townhouses fell between 25.7 and 41.6 per cent in August. The The average sales price in the Greater Toronto Area...

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