Canadian Real Estate

Montreal Compared To Toronto & Vancouver Markets Montreal compared to Toronto & Vancouver markets, is a quick snapshot of the the three cities in terms of their overall real estate performance. All three cities, Montreal, Toronto and Vancouver are strikingly different. Montréal is very European in feeling, with old architecture and rich history. The province's predominant language is French with a small Anglo minority.  Montreal is world renown for it's awesome food culture! Montréal's real estate market, due to political instability, endured periods of stagnation, keeping price points much lower than the Toronto & Vancouver markets. Over the past few years,...

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...

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...

Chinese Buyers In The Canadian Market Chinese buyers in the Canadian market features the recent report "China to Canada: International Home Buyer Insights", jointly created by Sotheby's International Realty Canada and Juwei.com, China's premiere international property portal. The report uncovers the prospective interest in home buyers from mainland China in terms of  pricing, motivation, and levels of interest between conventional and top-tier real estate in Vancouver, Calgary, Toronto and Montreal. The report does take into account the impacts of the recently imposed 15% property transfer tax on foreign buyers in Metro Vancouver. Some Key Takeaways: Education was the most commonly cited motivation for Chinese interest...

PWC Report On Emerging Trends In Real Estate 2018 PWC report on emerging trends in real estate 2018 is a must read. It's an interesting and informative report on the Canadian real estate outlook for 2018. The PWC report zeros in on the types of real estate which hold promise in 2018, amidst the changing landscape of commercial, development, and investor portfolios. It identifies where the projected opportunities will be along with ranking the Canadian provinces in order of their real estate market potential outlook. The economic trends and forcasts are helpful in showing us by province, the actual employment, unemployment, GDP,...

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