July 2018

Montreal Real Estate Market Stories July 2018 Montreal real estate market stories July 2018 - latest market news: According to the Canadian Real Estate Association (CREA), 60% of all Canadian markets saw increased activity in June. Canadian home sales increased by 4.1% between May and June. Actual (not seasonally adjusted) activity was 10.7% lower than in June 2017. June’s MLS® Home Price Index (HPI) increased by 0.9% year-over-year National home sales increased by 4.1% in June 2018 compared to May. While this is a substantial monthly increase, sales remain low when compared to June of last year. Slow activity in the Canadian market...

Hidden Defects Let me say first that normal wear and tear is not considered a latent defect.  Regardless though, if you receive a complaint from the buyer about discovered issues after the purchase you must reply in kind and acknowledge receipt of their complaint.  Ask the Buyer to provide a written letter with the facts.  You need to know about the evidence being used against you.  This is a requirement as per the Civil Code of Quebec, Section 1739. It may also be in your interest to ask the buyer permission to visit the property with your expert to further assess the...

These Low-Cost Improvements Will Help Sell Your Home Fast   Anyone who is selling a house wants to sell it as quick, and for as much, as they can. However, not everyone has an unlimited budget. Fortunately, there are quite a few things you can do to raise your home’s appeal without going bankrupt. If you can make room in your budget for minor projects and you’re willing to put in the time and energy, these low-cost improvements are sure to help your home sell fast.   Calculating What You Can Make   The first step of selling your home quickly is calculating how much you...

How Hot Will It Get? Truth be told, I had never heard of climate change before seeing Al Gores' "An Inconvenient Truth". At the time the movie came out, I had a young family.  I was busy working, raising my kids, and more focused on things within my own personal sphere. I wasn't paying attention to what was going on with the planet. "An Inconvenient Truth" brought the issue to my awareness and I've been paying attention ever since.  The film came out in 2006...

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