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Foreign investors prominent in Canada's luxury real estate market

April 20th, 2013

Foreign investors prominent in Canada's luxury real estate market.

Toronto has a smaller proportion of foreign buyers in its luxury real estate market, but it still accounts for the bulk of luxury sales to foreigners in the country. Toronto has a smaller proportion of foreign buyers in its luxury real estate market, but it still accounts for the bulk of luxury sales to foreigners in the country. (Sotheby's International Realty Canada )
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162 Av. Percival, Montreal, Quebec

April 20th, 2013

I just finished uploading this House for sale, 162 Av. Percival, Montreal, Quebec

MLS® Remarks Renovated four bedroom house in move in condition. Offers two car parking, new windows,french drain, newer kitchen and bathroom, deck off kitchen, new fence. Very bright & meticulously maintained. Inclusions Dishwasher, microwave Exclusions Fridge,stove, washer,dryer,chandiler in dining room

Greater Montreal a buyer’s market for condos

April 13th, 2013

Greater Montreal a buyer’s market for condos

Greater Montreal a buyer&#8217;s market for condos
 

One of many new condo projects, Le William, begins to take shape in the Griffintown district of Montreal.

Photograph by: Allen McInnis , Montreal Gazette

MONTREAL — Greater Montreal’s condo market now favours buyers for the first time in 15 years, after the number of units listed for sale soared 25 per cent in Ma ...

Residential Sales Fall in Montreal Area in First Quarter of 2013

April 13th, 2013

Residential Sales Fall in Montreal Area in First Quarter of 2013

 

Centris® Residential Sales Statistics for the Montreal Metropolitan Area

 

ÎLE-DES-SOEURS, QUEBEC--(Marketwired - April 12, 2013) - According to the real estate brokers' provincial database, there were 9,927 residential sales transactions in the Montréal Metropolitan Area in the first quarter of 2013, an 18 per cen ...

Construction, permits point to Canadian housing soft landing, not crash

April 9th, 2013
Construction, permits point to Canadian housing soft landing, not crash.

By Julian Beltrame, The Canadian Press

OTTAWA - There are fresh signs of cooling in the Canadian housing market, but analysts say fears of a major crash have yet to materialize.

Canada Mortgage and Housing Corp. reported Tuesday that the pace of housing starts crept up slightly last month from February, ...

Canada housing data suggests soft landing so far

April 9th, 2013
Canada housing data suggests soft landing so far

By Andrea Hopkins

TORONTO (Reuters) - Canadian housing starts edged higher in March and building permits were weaker than expected in February, reports released on Tuesday showed, offering some reassurance that Canada's housing sector is simply cooling, not crashing.

While housing starts rose for a second straight ...

Home prices edge up in most markets, Royal LePage says

April 5th, 2013

Home prices edge up in most markets, Royal LePage says

Home prices are still rising in most markets in Canada, according to the latest market survey from realtor Royal LePage. But there are unmistakeable signs that the market is well into a cooling phase. Home prices are still rising in most markets in Canada, according to the latest market survey from realtor Royal LePage. But there are unmistakeable signs that the market is well into a cooling phase. (Reuters)


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Student protests took bite out of downtown rentals in 2012

April 5th, 2013

Student protests took bite out of downtown rentals in 2012

 

Student protests took bite out of downtown rentals in 2012
 

Last year's student protests contributed to weaker demand for downtown Montreal rentals in 2012, a new report says.

Photograph by: ALLEN MCINNIS, THE GAZETTE , The Gazette

Quebec's student strike against higher tuition fees contributed to weaker demand for downtown Montreal rentals in 2012, a blip ...

Montreal home prices expected to dip

April 5th, 2013

Montreal home prices expected to dip

Montreal home prices expected to dip
 

The inventory of condos for sale in Greater Montreal is now up 24 per cent, with single family homes rising 17 per cent, compared with the same time last year.

Photograph by: John Mahoney , THE GAZETTE

MONTREAL — Montreal property prices could decline by up to five per cent during the crucial spring homebuying season ...

Despite housing concerns, investing opportunities in Canada and the U.S. abound

April 2nd, 2013

Despite housing concerns, investing opportunities in Canada and the U.S. abound

 

Real estate as an asset class should not be mistaken for just owning one’s home or buying a second house or condo as an investment. Instead, it should include commercial properties including hotels, apartments, office buildings and both retail and industrial premises.
Brent Lewin/BloombergReal estate as an asset class should not be mistaken for just owning one’s home or buying a second house or condo as an investment. Instead, it should include commercial properties including hotels, apartments, office buildings and both retail and industrial premises.
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