REALTY AND MORTGAGE NEWS
A New Third-Quarter Sales Record for the Province of Québec.
L'Île-des-Sœurs, October 5, 2018 - The Greater Montréal Real Estate Board (GMREB) has just released its most recent residential real estate market statistics for the Montréal Census Metropolitan Area (CMA), based on the real estate brokers’ Centris provincial database. In total, 3,220 residential sales were concluded in September 2018, which represents an 8 per cent increase compared to the same...
Record-Setting Sales in August on Montréal's Residential Real Estate Market.
L'Île-des-Sœurs, September 7, 2018 - The Greater Montréal Real Estate Board (GMREB) has just released its most recent residential real estate market statistics for the Montréal Census Metropolitan Area (CMA), based on the real estate brokers’ Centris provincial database. In total, 3,224 residential sales were concluded in August 2018, which represents an 8 per cent increase compared to August of...
Montréal’s Residential Real Estate Market Remains Strong.
L'Île-des-Sœurs, March 6, 2018 - The Greater Montréal Real Estate Board (GMREB) has just released its most recent residential real estate market statistics for the Montréal Census Metropolitan Area (CMA), based on the real estate brokers’ Centris® provincial database. In total, 4,081 residential sales were concluded in February 2018, a 5 per cent increase compared to February of last year. T...
Montréal’s Residential Real Estate Market Off to a Flying Start in January.
L'Île-des-Sœurs, February 6, 2018 - The Greater Montréal Real Estate Board (GMREB) has just released its most recent residential real estate market statistics for the Montréal Census Metropolitan Area (CMA), based on the real estate brokers’ Centris® provincial database.
In total, 2,598 residential sales were concluded in January 2018, a 13 per cent increase compared to January of la...
The Real Estate Board Invites Montréal's Elected Officials to Consider Certain Factors Before Imposing a 15 Per Cent Tax on Foreign Buyers.
L’Île-des-Sœurs, May 15, 2017 - The Greater Montréal Real Estate Board (GMREB) invites elected Montréal officials to consider certain factors before imposing a 15 per cent tax on foreign buyers. The proportion of foreign buyers is quite different in Montréal compared to Toronto and Vancouver.
Furthermore, the Montréal real estate market is not in an overheated situation. ...
Montréal’s Residential Real Estate Market Off to a Good Start in 2017.
L’Île-des-Sœurs, April 13, 2017 — The Greater Montréal Real Estate Board (GMREB) has released its most recent residential sales statistics for the Montréal Census Metropolitan Area (CMA), based on the real estate brokers’ Centris® provincial database. In total, 11,138 residential sales were concluded in the first quarter of 2017, a 6 per cent increase compared to the first quarte...
Montréal Ends the Year With an Increase in Residential Sales in December.
L’Île-des-Sœurs, January 6, 2017 – The Greater Montréal Real Estate Board (GMREB) has just released its most recent residential real estate market statistics for the Montréal Census Metropolitan Area (CMA), based on the real estate brokers’ Centris® provincial database. In total, 2,476 residential sales were concluded in December 2016, a 3 per cent increase compared to December o...
Best Month of October in Seven Years on Montréal’s Residential Real Estate Market.
L'Île-des-Sœurs, November 4, 2016 - The Greater Montréal Real Estate Board (GMREB) has just released its most recent residential real estate market statistics for the Montréal Census Metropolitan Area (CMA), based on the real estate brokers’ Centris® provincial database. In total, 3,083 residential sales were concluded in October 2016, an 8 per cent increase compared to October of last year....
Residential Sales in the Montréal Area: Upward Trend Continues in the Third Quarter of 2016.
L’Île-des-Sœurs, October 14, 2016 – The Greater Montréal Real Estate Board (GMREB) has released its most recent residential real estate market statistics for the Montréal Census Metropolitan Area (CMA), based on the real estate brokers’ Centris® provincial database. In total, 8,118 residential sales were concluded in the third quarter of 2016, a 6 per cent increase compared to th...
Living with Lower for Longer.
It is not often that I get to speak to a room full of economists and, believe it or not, I consider it a privilege. People say that economists can never agree on anything, but I suspect that we can agree on at least one thing. What is the number one issue that people ask economists about today? It is ultra-low interest rates.
You probably get questions from both sides, just as I do. Young folks with mortgages regularly thank me for kee...