February 2018

Feature photo by ©Bonnie Meisels   Montreal Real Estate In 2018 What You Need To Know   Montreal real estate in 2018 what you need to know, takes an indepth look at the current Montreal real estate market. We'll address common questions such as "is it better to invest in a home or a condo? which type of investment has the highest potential for appreciation? or which Montreal neighborhoods are performing best in 2018.   Current Market Performance   First we'll have a look at the current market stats. In 2017, Montreal was one of the hottest real estate markets in Canada. Total sales in Greater Montreal increased...

Housing Affordability In Canada Is Actually Improving Housing affordability in Canada is actually improving. for the first time in three years.  For the first time since 2015 "the National Bank of Canada's home affordability measure fell 0.2 points in the fourth quarter of 2017, meaning that an average mortgage on a representative home was slightly cheaper than it was a quarter earlier." This was due to two main factors, lower home prices and slower sales in Toronto over the last six months and a booming job market. https://infogram.com/how-much-of-your-income-you-need-to-spend-to-afford-an-average-mortgage-1h7z2lxlzg5l2ow Rising housing prices have also led to rising interest rates with mortgage rates havem risen about...

Feature photo: CDPQ Infra What The New REM Transport Network Means For Montreal Real Estate What the new REM transport network means For Montreal real estate is those neighborhoods close to the rail stops will see a nice increase in value.  The Montreal real estate market has been enjoying steady increases in both prices and the numbers of transactions. This trend is expected to continue with the QFREB predicting a 5% increase in sales in Montreal  for 2018. With the new REM transit system in the pipeline, things are going to get more interesting. CDPQ Infra,  a subsidiary of the Caisse de dépôt et...

The Latest Montreal Real Estate Market Stats 2018 The latest Montreal real estate market stats 2018 reveal an accelerated and tight market. Inventories are lower and prices are higher. But, at the end of the day, the value is incredible. In what other large metropolitan Canadian city can you buy a nice condo, in a super location for between 350k - 450k? Sales have been increasing month over month and don't show signs of abating in 2018. It's a great time to invest in our market despite the rise in prices as they're still a bargain compared to Toronto or Vancouver. According to...

350 Rue de L'inspecteur #204 - Griffintown Condo 350 Rue de L'inspecteur #204 - Griffintown condo for rent! No need to worry about security in this location as it's right across the street from the police station. This awesome lacation is around the corner from Peel St, the Adonis market, many restaurants, bakeries and boutiques.  To learn more about the neighborhood, read my post, Griffintown Montreal, a neighborhood on the rise. This is a two bedroom one bath Griffintown condo, furnished with taste and style. This historic building was originally built in 1895 and housed a chocolate factory! The condo features high...

Montreal Real Estate Conference By CREC Montreal real estate conference by CREC (Concordia's Real Estate Club) was held today at John Molson School of Business. Today's Montreal real estate conference was the 3rd year and I was happy I was able to attend. How great to see all these young business students dressed in suits and eager to learn about the vast world of real estate. The conference did not disappoint.  Although the workshops had an overall informal vibe, they were very informative. The conference was well organized and had lots to offer with it's diverse topics. Whether your interest was in...

AI & Real Estate What To Expect AI & real estate - what to expect? Will it replace the role of the real estate broker/agent? As far as disruption goes, the real estate industry here in Quebec, has managed to remain unscathed. In contrast, other Provinces and Countries have an open MLS system and have witnessed many innovations, such as Redfin, Zillow, Trulia, Opendoor and a long list of other incumbents. As far as Artificial Intelligence goes, there's no doubt it's here to stay, and in a big way. "Intelligent software has massive potential for creating technology that changes labor markets. Real estate...

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