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No Sales Slowdown for Properties That Sold for $500,000 or More

November 30th, 2012

No Sales Slowdown for Properties That Sold for $500,000 or More

While residential sales in Québec concluded through a real estate broker have registered almost as many monthly decreases as increases in recent years, the number of properties that sold for $500,000 or more stayed on a path of growth. Figure 1 shows monthly sales changes for properties that sold for $500,000 or more, properties ...

Low house prices not all bad news, CIBC says

November 30th, 2012

Low house prices not all bad news, CIBC says

Lower housing prices will be good news and bad news for different parts of Canada's economy, CIBC says. Lower housing prices will be good news and bad news for different parts of Canada's economy, CIBC says. (Reuters)

Are you ready to buy?

November 26th, 2012

Are you ready to buy?

 

Responding to a desire of first-time home buyers to better understand the financial details in the buying process, the Canadian Real Estate Association announced Monday an online tool to guide them through the process.

Called the Homebuyer’s Road Map and created in conjunction with the Financial Consumer Agency of Canada, the guide offers basic advice in s ...

Le Sud-Ouest (Montréal) Open House!

November 23rd, 2012

We are proud to announce that this Nov 25th, 2:00 PM to 4:00 PM we will be hosting an Open House at 2645 Rue Rufus-Rockhead in the Le Sud-Ouest (Montréal) neighborhood, Montreal. This is an opportunity to visit this excellent condo for sale in beautiful Le Sud-Ouest (Montréal).

Please come with any questions you may have. In the meantime you can take a virtual tour of this Le Sud-Ouest (M ...

Canadian home affordability rises

November 23rd, 2012

Canadian home affordability rises

RBC says ultra low interest rates have been the key factor in keeping affordability levels from reaching dangerous levels in recent years. RBC says ultra low interest rates have been the key factor in keeping affordability levels from reaching dangerous levels in recent years. (Mike Cassese/Reuters)

2012 Slight Decrease in Québec’s GDP in August 2012

November 23rd, 2012

 

Slight Decrease in Québec’s GDP in August 2012

 

According to the latest data from the Institut de la statistique du Québec (ISQ), Québec’s real gross domestic product (GDP) decreased by 0.1 per cent in August 20121 compared to the previous month. The decrease is entirely due to a drop in activity in goods-producing industries which fell by 1.2 per cent in August, particularly in the ma ...

Residential Real Estate Sales Decreased by 7 Per Cent in October

November 15th, 2012

Residential Real Estate Sales Decreased by 7 Per Cent in October



Île-des-Sœurs, November 9, 2012
– According to the real estate brokers’ provincial database, there were 2,789 residential transactions in the Montréal Census Metropolitan Area (CMA) in October 2012, a 7 per cent decrease compared to October 2011, said the Greater Montréal Real Estate Board (GMREB).

“The decrease in home sales ...

Home Sales Decreased Slightly in Canada in October

November 15th, 2012

Note: The data presented below are not seasonally adjusted so that they can be compared with data published by the QFREB. The Canadian Real Estate Association (CREA) publishes seasonally adjusted data in its monthly news release. As a result, there are certain differences between this document and CREA’s publication.

According to The Canadian Re ...

Montreal official testifies that construction companies offered all kinds of goodies, including prostitutes

November 14th, 2012
Montreal official testifies that construction companies offered all kinds of goodies, including prostitutes

Montreal official testifies that construction companies offered all kinds of goodies, including prostitutes
 

Montreal mayor Gerald Tremblay resigned after he allegedly turned a blind eye to corruption in awarding city construction contracts.

Photograph by: Peter Obendrauf , Postmedia files

MONTREAL — A Montreal municipal official was offered prostitutes’ services as a gif ...

RE/MAX – Canadian real estate markets demonstrated remarkable resilience in 2012

November 14th, 2012

RE/MAX – Canadian real estate markets demonstrated remarkable resilience in 2012

 

RE/MAX Thunder Bay

RE/MAX is working to sell homes and put back in Thunder Bay

THUNDER BAY – Business News – There are concerns over the impact of the United States facing an ‘economic cliff’. In Europe, citizens are protesting the cutbacks that their governments are makin ...

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