Montreal Real Estate Stories

Montreal Real Estate Stories The Week Of August 5th Montreal Real Estate Stories The Week Of August 5th - Some of this week's headlines: The Urban Design Conundrum About Transit Oriented Development Montreal's Plan métropolitain d’aménagement et de développement represents the long term plan for housing projects to be built around TOD (transit oriented development).  The plan represents homes to be built between 2011 and 2031 strategically located near metro stations. Although this sounds like an ideal arrangement, Vancouver's former city planner Brent Toderian has this to say: "the issue is that designing well-planned, livable places is about so much more than just building homes...

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...

Feature photo ©Bonnie Meisels Montreal Real Estate Stories April 25th 2018 Montreal real estate stories April 25th 2018 begins with the STM, Société de transport de Montréal which announced it's plans to construct a nearly 300-unit housing project near the Frontenac metro station. This is the first time the STM will be providing housing for Montrealers, and not just transportation services. The project is “a first step toward the development of its real-estate holdings,” said chairman Philippe Schnobb. "The complex, consisting of four buildings ranging from two to 12 storeys, will be built on a 54,200-square-foot parking lot owned by the STM. It will include...

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