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Montreal condo prices to dip in 2014

November 29th, 2013
 

Montreal condo prices to dip in 2014

MONTREAL — The average price of a condo is expected to drop by up to five per cent in Greater Montreal next year, as the number of new and existing unsold units continues to rise, Canada Mortgage and Housing Corp. analysts said Thursday.

It’s the first time that the CMHC is forecasting a dip in average condo prices for the region since the a ...

A foreign attraction to Montreal’s real estate market

November 23rd, 2013
 

A foreign attraction to Montreal’s real estate market

 

MONTREAL — Down the street from Montreal’s old Forum, in a bustling neighbourhood now dotted with Chinese noodle shops, ethnic grocers and new construction, the sign on the door of the Le Seville condo building asks residents in French, English and Chinese: “Do you know the person you let in?”

Since last year’s annual m ...

What 2014 could bring for Canada's real estate sector

November 14th, 2013

What 2014 could bring for Canada's real estate sector

Demand for suburban offices likely to ease as more workers shift to the core, new report says

The live, work, shop shift to the core is playing out across most Canadian cities and its impact will continue to be felt through a number of real estate sectors in 2014, says a new report.

Retail real estate will remain a “buy” n ...

Montreal investment climate shaken by corruption, politics

November 13th, 2013
 

Montreal investment climate shaken by corruption, politics

MONTREAL - Corruption and politics are shaking investor confidence in Montreal, says a 2014 outlook which ranks Quebec’s key metropolis dead last among nine Canadian cities for commercial real estate growth potential.

“Whether it is related to construction, corruption, or politics, interviewees (surveyed) expressed unce ...

Accuracy of Canada’s housing data under scrutiny

November 1st, 2013

Canada’s surprisingly strong real estate market is leading to heightened scrutiny of the data used to assess sales.

The main source of information about residential sales and prices is the Canadian Real Estate Association, which represents more than 100,000 real estate agents across the country. On or around the 15th day of each month, after obtaining and working with numbers from lo ...

Consequences of a construction boom Mayoral candidates urged to weigh housing market while courting families

November 1st, 2013

Consequences of a construction boom

 

Mayoral candidates urged to weigh housing market while courting families

 

Consequences of a construction boom

 

Mayoral candidates urged to weigh housing market while courting families

 
 
 
Consequences of a construction boom
 

The Bassins du Havre project is being held u ...