Helping my clients to navigate the world of real estate with informed

News

13 Feb 2024

Thinking of buying or selling your home? Here's why these realtors say n...

Interest rates may still be sky-high, but you should consider buying or selling your home now, according to some Montreal real estate agents."I wou...

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13 Feb 2024

PQ wants to give young, first-time homeowners a mortgage-rate rebate

Saying he wants his party to address the generational inequity faced by young, first-time homeowners in Quebec, Parti Québécois Leader Paul St-Pier...

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27 Sep 2023

When will the Bank of Canada start lowering interest rates?

Amid an observable slowdown in the global economy, North America’s central banks are not likely to jump quickly to interest rate cuts, according to...

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27 Sep 2023

Starts vs. sales imbalance raises affordability alarms, economist says

The dichotomy between housing starts and sales is raising questions about the future of affordability in the housing sector, according to a recent ...

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27 Sep 2023

Types of mortgages

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14 Jul 2023

Bank of Canada hikes rate to 5% as pandemic savings stymie inflation fight

The Bank of Canada raised the key overnight interest rate by another 25 basis points to five per cent — its highest level since 2001 — as governor ...

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19 Jun 2023

Why are so few homes being listed in Canada's housing market?

Activity and sales both ticked upwards once again in Canada’s housing market in May – but the number of new listings remains rooted at historic low...

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19 Jun 2023

Capital gains tax in Canada, explained

Capital gains tax highlights Only 50% of a capital gain is taxable in Canada, and the taxable portion is added to your income for the year. With Ca...

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19 Jun 2023

Understanding the Role of a Co-Signer in Buying a Home

For some first-time home buyers, help from family or close friends can be the key to breaking down the barriers to homeownership. One of the ways l...

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07 Jun 2023

Bank of Canada announces new rate hike

The Bank of Canada has announced a 25-basis-point increase to its benchmark interest rate, returning to a rate-hiking policy after hitting pause in...

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07 Jun 2023

Buyer activity in Montreal market beginning to stabilize

Buyers have returned with a vengeance to the Montreal market, encouraged by the region’s stabilization over the past few quarters, according to the...

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07 Jun 2023

Checkpoints You Should Consider Over the Course of Your Mortgage

When you buy a home, you’re probably not thinking too much about where life will take you five, 10, or 20 years from now. At the time, you’re more ...

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18 May 2023

Montreal home sales down 26% from last April: Quebec real estate associa...

The Quebec Professional Association of Real Estate Brokers says Montreal experienced its lowest April sales level since 2000, aside from April 2020...

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18 May 2023

6 Things You Should Know Before Buying a Multi-Unit Building

A multi-unit building can be an interesting investment vehicle for those investors seeking more income… and planning for a golden retirement in the...

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18 May 2023

What is a credit score and how do you manage it?

Your credit score is a key consideration for your future financial plans. A good credit score could give you access to a future mortgage, a car loa...

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11 Apr 2023

Montreal home sales hit new March low, dropping 28% from a year ago: Que...

The Quebec Professional Association of Real Estate Brokers says March home sales hit a new low for the month, but it's seeing signs that such decli...

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11 Apr 2023

Open, Closed, Convertible, Hybrid: Mortgage Types You Should Know

Just like searching for a home, there are many options beyond fixed or variable rates when it comes to mortgages. In Canada, there are several typ...

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05 Apr 2023

Canadians Can Now Register to Receive Up to $10K Toward a New Heat Pump

Canadians are being encouraged to tap into a new federal grant program to fund the purchase and installation of an energy-efficient heat pump. Thro...

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27 Mar 2023

Is paying down my mortgage faster a good idea?

Your mortgage payments can be spread out over 25 years or more. For some homeowners that can seem like a very long time, which is why many people d...

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27 Mar 2023

8 Tips For a Successful House Extension

Do you need more space, but don’t want to move? One solution you could consider: add an extension to your house! Here are 8 tips for a successful h...

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27 Mar 2023

Is it a good idea to renew your mortgage early?

Your mortgage renewal is approaching? If interest rates are rising, you could renegotiate early and take advantage of a lower rate. Here's why rene...

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07 Mar 2023

Montreal home sales hit new low for February: Quebec board

The Quebec Professional Association of Real Estate Brokers says Montreal’s February home sales hit a new low last month, dropping 32 per cent from ...

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07 Mar 2023

What is a credit score and how do you manage it?

Your credit score is a key consideration for your future financial plans. A good credit score could give you access to a future mortgage, a car loa...

News

07 Mar 2023

3 reasons the Bank of Canada may be set to pause interest rate hikes

Canadians struggling with debt payments hoping for break in interest rate increasesBank of Canada governor Tiff Macklem is expected to make good on...

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06 Jan 2023

Montreal real estate ended 2022 with a sharp drop in sales

The median price for residential properties with two to five units fell by six per cent, with single-family home prices declining by three per cent...

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06 Jan 2023

Record immigration: How could it boost Canada’s housing market?

Canada welcomed a record number of immigrants in 2022, news that could provide a shot in the arm to the country’s housing market with a surge of po...

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04 Jan 2023

Will the Bank of Canada raise mortgage rates again in 2023? Here's what ...

The Bank of Canada raised its key overnight lending rate seven times last year, increasing it to 4.25 per cent in December in an effort to tame Can...

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23 Nov 2022

Bank of Canada’s Carolyn Rogers flags first-time homebuyers facing 'trig...

Bank of Canada senior deputy governor Carolyn Rogers acknowledged that rising rates were putting a greater strain on young Canadians — especially i...

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23 Nov 2022

This old Victorian home has a secret: it's part of the Montreal Metro sy...

STM built new ventilation station within the heritage property1423 Towers St., seen here in the centre, has been converted into an incognito STM fa...

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18 Nov 2022

Mortgage renewals: Which is better, a fixed- or variable-rate?

If you have a mortgage, chances are you’ll be renewing it in the foreseeable future. That’s because mortgage contracts are good only for a specifie...

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18 Nov 2022

How the relationship between interest rate hikes and inflation plays out...

Statistics Canada said Wednesday that higher mortgage rates are helping fuel the latest high inflation data. But aren't higher rates supposed to lo...

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14 Nov 2022

The Bank of Canada is warning Canadians to brace for a rough winter

For years now, central banks around the world have helped consumers and businesses weather economic storms. In crisis after crisis, they cut intere...

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07 Nov 2022

Montreal home sales volumes drop to level not seen since 2014: Quebec ho...

The Quebec Professional Association of Real Estate Brokers says October home sales in Montreal dropped to a level not seen since 2014.Sales for the...

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07 Nov 2022

Why are mortgage rates going up in Canada?

The Bank of Canada has been hiking interest rates throughout the year, meaning some Canadians will have to spend much more money on their mortgage ...

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07 Nov 2022

Montreal's summer pedestrian streets are a hit. So why don't we keep the...

There are a lot of things Janice LaGiorgia loves about having a pedestrian street.During the pandemic, when she was feeling at her lowest, she said...

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03 Nov 2022

Montreal unveils plan for 200 km of protected bike paths by 2027

It will be easier and safer to cycle through the city in five years, the administration of Mayor Valérie Plante pledged Tuesday as it unveiled a pl...

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26 Oct 2022

Bank of Canada makes another big rate hike

The Bank of Canada has announced a further 50-basis-point hike to its benchmark rate, marking a sixth consecutive increase as the central bank cont...

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20 Oct 2022

Odds of a 75-bps hike from the Bank of Canada just went up, economists s...

September’s inflation numbers will give the Bank of Canada no reason to change its hawkish stance on interest rates, economists said, following the...

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20 Oct 2022

Montreal to phase in 32% property-value increase over three years!

The city of Montreal announced Wednesday it will phase in a 32-per-cent property-value increase over three years to ease the impact on homeowners. ...

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20 Oct 2022

Massive new housing development pitched for Montreal

A massive new real estate project is in the works for Montreal.A consortium of developers and architects want to overhaul a gritty industrial neigh...

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06 Oct 2022

Montreal residential real-estate sales fall in September as active listi...

Residential property listings in Greater Montreal jumped in September as home sales recorded their biggest year-over-year drop in 17 months followi...

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28 Sep 2022

Fixed vs. variable: What's in store for the rest of 2022?

The prospect of further interest rate hikes in the coming months indicates that fixed rates are set to become increasingly popular – although varia...

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26 Sep 2022

Seller tips for preparing a home for inspection

When your clients are selling their homes, the last thing they need is to worry about the home inspection and what it may uncover – especially as m...

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26 Sep 2022

Buying a second home: How it works in Canada

In Canada, the appetite for buying a second home is strong, especially over the last few years. Prior to the COVID-19 pandemic, the proportion of h...

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19 Sep 2022

Jump in Montreal property valuations won't mean same jump in taxes, city...

Assessments for property tax are up by 32.4 per cent on the island of Montreal.That’s a precipitous jump from the 2020-2022 tax roll, which showed ...

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12 Sep 2022

Canadians have a new incentive to buy a home as of 2023

The Tax-Free First Home Savings Account will be open to any Canadian resident older than 18 and younger than 71 who hasn’t owned a home in the last...

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08 Sep 2022

Montreal home sales dropped 20% since August 2021

Rising mortgage and interest rates are slowing down the rate of transactions as inventory is building up.MONTREAL — The Quebec Professional Associa...

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08 Sep 2022

Bank of Canada hikes interest rate to 3.25%, triggering higher payments ...

Central bank has been raising rates aggressively to rein in sky-high inflationBank of Canada hikes interest rates to 3.25%The Bank of Canada hiked ...

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08 Sep 2022

Variable-rate mortgages growing in popularity despite Bank of Canada rat...

Are Canadian homebuyers playing a game of chicken with the Bank of Canada? It could be.Many are still interested in variable-rate mortgages even th...

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11 May 2022

Snapshot of housing in Greater Montreal paints dim picture

Whether it’s a walk-up in Villeray, a townhouse in Vaudreuil, or an ancestral home in Varennes, who lives where and why in the Montreal region is a...

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09 Feb 2022

Montreal expands home-ownership assistance

Montreal is expanding access to its home-ownership assistance program to double the number of families eligible for assistance, Mayor Valérie Plant...

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09 Feb 2022

Montreal's Peel Basin revitalization to proceed even without baseball st...

Major League’s Baseball proposed return to Montreal might seemingly be dead, but efforts to revitalize the Peel Basin area — which would have house...

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25 Nov 2021

How real estate brokers help beyond just dollars and cents

Competent, experienced real estate brokers provide their clients with the best possible chance of finding or selling their home on their terms. Thi...

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25 Nov 2021

Blind bidding isn’t the problem in housing

A stubborn fact of economics is that prices are driven by demand and supply. A ban on blind bidding would do nothing to change those fundamentalsAs...

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25 Nov 2021

As Brossard's home prices keep rising, challenges mount for first-time b...

Brokers tracked 80% spike in median single-family home prices in last 5 yearsProspective buyers are seeing single-family homes selling fast in Bros...

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08 Oct 2021

Montreal home sales drop in September as listings decline

High prices, a lack of properties for sale and an upturn in pre-sale activity on new construction projects have all contributed to a slowdown in re...

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08 Oct 2021

Canadians May Want To Prepare For Higher Mortgage Rates Soon

Canadian bond yields are on the rise, and a big bank has forecast it will take mortgages along for the ride as well. The latest research note from ...

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08 Oct 2021

The Pros and Cons of Owning Multiple Investment Properties

Owning an investment property can be a lucrative endeavour and, once you’ve gotten the hang of it, purchasing an additional property can be temptin...

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08 Sep 2021

Bank of Canada holds rate at 0.25%, maintains bond buying for now

The Bank of Canada said the economic recovery remains on track, an expression of faith in the recovery that suggests policymakers could still furth...

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08 Sep 2021

Selling or refinancing? Don’t wait to get your certificate of location

When Eric Tinmouth-Poulin put his Vaudreuil-Dorion home on the market at the end of June, it was listed on a Thursday and had an accepted offer by ...

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13 Aug 2021

Four ways to pay your mortgage off sooner

If you’re like many homeowners, you dream of paying off your mortgage early. It’s not for everyone, but getting aggressive now can mean a more secu...

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21 Jul 2021

Bank of Canada holds benchmark interest rate steady at COVID-19 low, but...

Central bank will slow down its pace of bond buying, which is a way of removing some stimulusBank of Canada Governor Tiff Macklem will explain the ...

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21 Jul 2021

Is your pool safe? New residential pool safety regulations in effect

The Quebec government has tightened security measures around all residential pools in order to reduce the risk of children drowning.The Quebec gove...

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14 Jul 2021

Welcome home: 10 things every first-time homebuyer needs to know before ...

So, you're looking to buy your first home.You log onto Centris, confident and determined to find your dream haven... and then immediately get overw...

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14 Jul 2021

Montreal area seeing an increase in quick resales, including house-flipp...

Hot market may entice people into risky speculation, create competition for buyersWhile quick resales are 'not the most determining factor to expla...

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14 Jun 2021

City of Montreal unveils redevelopment plan for Quartier des Faubourgs

WATCH ABOVE: The City of Montreal has unveiled its redevelopment plan (PPU) for the area around the old Molson brewery in the Ville-Marie borough, ...

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10 Jun 2021

Ask questions before buying a home with a backyard pool

Quebec has announced that all residential pools, regardless of the installation date, must conform to new safety regulations.The province is announ...

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10 Jun 2021

Pointe-Claire turns down approval for Brivia high-rise project

Pointe-Claire council rejected an appeal to approve a high-rise complex on the site of the former Mazda dealership on St. Jean BlvdProtesters show ...

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03 Jun 2021

Quebec adds $60 million to trio of home renovation programs

The Quebec government on Wednesday announced it was adding $60 million to three renovation programs aimed at the province’s homeowners.The Rénovati...

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25 May 2021

Montreal's hot housing market is still affordable, Quebec says

The hot Montreal housing market was just added to the Bank of Canada’s watch list, but the Quebec government isn’t worried, at least not yet.Low in...

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18 May 2021

The financing delay headache

In the midst of the industry’s hectic activity over the past 12 months, even the slightest delay or complication in the process of securing a mortg...

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12 May 2021

Canadians are so anxious about the blistering housing market they're ope...

Canadians are so alarmed by the red-hot housing market that many say they’d like to see the central bank raise the cost of borrowing to dampen dema...

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12 May 2021

QPAREB: Montreal home sales prices on sustained upward trend

As much as half of Montreal’s homes sold in April saw transaction values of more than $500,000, according to the Quebec Professional Association of...

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12 May 2021

Montreal saw biggest rent increases in 18 years in 2020, study finds

Rents in Montreal, and the surrounding area, jumped by more than four per cent between 2019 and 2020, the highest annual increase in nearly two dec...

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06 May 2021

Median price of single-family homes in Montreal surpassed $500,000 in April

The median price for a single-family home surpassed $500,000 for the first time in the Montreal region last month.In fact, the price of single-fami...

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06 May 2021

Has the pandemic affected Canadians' monthly mortgage payments?

The upward trend in monthly mortgage payments is seeing no signs of slowing down despite the pandemic’s impact on household purchasing power, data ...

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22 Apr 2021

Why Canadians should brace for higher mortgage rates sooner than expected

The Bank of Canada took a step towards easing pandemic stimulus yesterday — the biggest yet by a major economy — with a hawkishness that surprised ...

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09 Apr 2021

Montreal residential property prices soar again in March

Home prices have risen so quickly that even the association of Quebec brokers is sounding the alarm.Too much, too fast?Residential property prices ...

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09 Apr 2021

Bank watchdog proposes stiffer mortgage rules amid hot housing market

The changes would raise the minimum qualifying rate for uninsured mortgage to 5.25%Canada’s bank regulator is proposing to tighten mortgage qualifi...

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09 Apr 2021

Condos emerging as a top purchase choice in Montreal

The condo segment is experiencing a kind of renaissance in Montreal amid a shortage of single-family properties and soaring detached-home prices, a...

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12 Mar 2021

Low real estate inventory makes for a home seller’s market in Montreal

Mark Hickey is packing up his family’s personal belongings, getting ready to move out of his split-level home in Beaconsfield this weekend.The home...

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12 Mar 2021

Montreal’s condo market remained hot in February

Greater Montreal’s housing market has been on fire of late but sales slipped 3% year-over-year last month—the first time that’s happened in six yea...

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11 Mar 2021

Bank of Canada commits to overnight rate freeze for the long haul

The Bank of Canada has announced that it will be keeping its target for the overnight rate at the effective lower bound of 0.25% until the national...

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03 Mar 2021

Montreal residential real estate sales (volumes) fall for first time in ...

MONTREAL -- Residential sales in metropolitan Montreal fell in February for the first time in six years as transactions plunged outside Quebec's la...

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03 Mar 2021

Pandemic delays controversial Royalmount project by 1 year

Office, retail vacancies are on the rise in Montreal after nearly a year of strict public health regulationsThe Royalmount development has been cri...

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01 Mar 2021

RDP residents fed up with being 'completely ignored', demand REM station...

By 2030, the Caisse de dépôt et placement du Québec intends to finish construction on two light-rail networks, totalling 99 kilometres of track and...

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05 Feb 2021

Montreal, Quebec City home sales hit record highs in January!

People in Montreal and Quebec City rushed to buy a record number of homes at the start of the year, but had fewer options to choose from.The Quebec...

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01 Feb 2021

Canadians should brace themselves for higher borrowing costs earlier tha...

Better economic outlook could prompt the Bank of Canada to indicate as early as April a quicker liftoff in rates Canadians may need to brace themse...

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20 Jan 2021

Housing advocates demand a 2021 rent freeze in Quebec

Housing advocates are demanding the province freeze residential rents for 2021.Regroupement des committees logement et associations de tenantes du ...

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20 Jan 2021

Amazon announces major Montreal-area expansion

Amazon has announced a major expansion of its “sortation” and delivery stations in the Greater Montreal Area which will add hundreds of thousands o...

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18 Jan 2021

City of Montreal to delay payments for property taxes

The City of Montreal announced Wednesday that it will be giving property owners a bit of breathing room to pay their municipal tax bill.Officials a...

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17 Jan 2021

New mixed-used condo project approved in Hudson

Densification may be controversial in Hudson, but judging by the rate at which new condo projects are selling, it seems that as far as buyers are c...

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07 Jan 2021

Greater Montreal area real estate remained hot in December!

Real estate sales in the greater Montreal area jumped by 8 per cent in December compared with December 2019 with plexes, family homes and condos sn...

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07 Jan 2021

One Of Canada’s Biggest Real Estate Bulls Isn’t So Bullish On Condos

One of Canada’s largest real estate brokerages is bullish on real estate this year, just not condos. Royal LePage released its annual price forecas...

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04 Jan 2021

Despite pandemic, Montreal's real estate market had a record year

Quebec Professional Association of Real Estate Brokers projects 110,000 transactions for 2020The Quebec Professional Association of Real Estate Bro...

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23 Dec 2020

This might be the season to refinance your mortgage — here's why

With unprecedented rates available now, it's worth exploring your options.Author of the article:Megan Martin • Special to Montreal GazettePublish...

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22 Dec 2020

Canderel gears up for busy 2021 after third Mile-Ex acquisition

"We’re very committed to Montreal,” CEO Brett Miller said. “We have at least half a dozen sites or buildings that we’re looking at acquiring.Author...

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15 Dec 2020

Montreal real-estate prices to rise in 2021: forecast

It looks like Montreal will continue to be a seller’s market for the foreseeable future.In 2021, the aggregate price of a home in Greater Montreal ...

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15 Dec 2020

REM to be extended to east and north ends of Montreal

The extension will add 20 stations to the project. Work on the two sections will begin in 2023Montreal Mayor Valérie Plante and Quebec Premier Fran...

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11 Dec 2020

What is a good credit score in Canada for a mortgage?

Looking to buy a house in Canada?Before applying for a mortgage pre-approval, you should check your credit score in order to ensure you can be appr...

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08 Dec 2020

HSBC's 0.99% Mortgage Rate Is A Canadian First!

For the first time in history, you can now get a mortgage in Canada with an interest rate under one per cent.HSBC Canada’s 0.99-per-cent five-year ...

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08 Dec 2020

Quebec housing market continues barrelling through pandemic – but where to?

MONTREAL -- The real estate market in Quebec continues to power through the COVID-19 pandemic as sales in all property categories continue to incre...

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08 Dec 2020

Five pro tips for buying a home in winter 2020/2021

Should you buy a house this winter? If you’re a qualified buyer, definitely consider it. Canadians will be spending more time at home in Winter 202...

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04 Dec 2020

Canada’s Big-City Housing Markets Shatter Records In November, Defying C...

A spike in COVID-19 cases, new restrictions on activities in many parts of the country, and even the collapse of oil prices all combined doesn’t se...

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30 Nov 2020

As opposition mounts, T.M.R. mayor ready to revise Rockland development ...

Town of Mount Royal has extended its virtual public consultation on a 20-year redevelopment plan for the area around Rockland shopping centre just ...

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16 Nov 2020

Are five-year fixed mortgage rates in Canada about to increase?

Amid the promising news of a COVID-19 vaccine being developed by pharmaceutical giant Pfizer, some Canadian market-watchers expect Canada’s five-ye...

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10 Nov 2020

What You Need To Know About Mortgage Down Payments

How much you pay upfront could expand your options and save you money.A financial expert calculates a mortgage down payment in this undated stock p...

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05 Nov 2020

Montreal-area real estate market appears unfazed by second wave of COVID-19

Sales of plexes — buildings housing two to five dwellings — and condominiums increased by 37 per cent in October, closely followed by single-family...

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05 Nov 2020

Record number of immigrants Canada-bound in 2021

The federal government intends to settle 1.2 million new immigrants over the next three years in a bid to catalyze economic recovery, and if there’...

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05 Nov 2020

On one Pierrefonds street, much anger: Why are they still on the flood map?

Residents have seen their home values plummet and insurance rates spike. Yet they were spared in the 2019 floods.Pierrefonds Mayor Jim Beis stands ...

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30 Oct 2020

Fixed-rate mortgages favoured by first-timers; hybrid mortgage introduced

A recent survey by BMO says 57 per cent of homeowners are planning to opt for a fixed-rate mortgage. Of those who are still trying to decide what t...

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30 Oct 2020

Ghostly Pioneer bar still standing in Pointe-Claire Village

The COVID-19 pandemic and sluggish condo sales has meant the Pioneer demolition and condo project is behind schedule.More than two years after it s...

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28 Oct 2020

Bank of Canada signals record low rates here to stay until 2023

The Bank of Canada is setting up to run a high-pressure economy until at least 2023, a delicate operation that will require a lot of tinkering alon...

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28 Oct 2020

Canadian Condo Buyers At The Beginning Of The Pandemic Now Nearly Underw...

First-time homebuyers were warned at the beginning of the pandemic, and a lot didn’t listen. Now some are seeing exactly what the Canada Mortgage a...

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28 Oct 2020

Deal for an REM station could happen in November, Aéroports de Montréal ...

Montreal's airport operator is optimistic a deal will soon be reached to pay for a light-rail station at the city's main airfield.Author of the art...

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23 Oct 2020

Buying a home? Consider writing a heartfelt letter to the seller

Buyers are waiving conditions, offering thousands of dollars above asking and writing letters to sellers in an effort to secure homes in an increas...

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13 Oct 2020

Coronavirus: Montreal real estate continues to exceed expectations!

With the arrival of the second wave of the coronavirus pandemic Montreal’s residential real estate market continues to outperform expectations.Sale...

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13 Oct 2020

Verdun is world's 11th coolest neighbourhood, according to TimeOut

It's not the first time Verdun has made the list, which ranked Montreal as the sixth best city in the world in 2019.Author of the article:T'Cha Dun...

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13 Oct 2020

What happens to a home or mortgage when someone dies? Many Canadians don...

Despite our best efforts to distract ourselves from the inevitable – a cultural landscape built on invincible superheroes and the glorification of ...

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07 Oct 2020

Montreal aims to ease pandemic pain with tax freeze

Opposition says plan doesn't go far enough while business federation says it will save entrepreneurs thousandsMontreal Mayor Valérie Plante says fr...

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02 Oct 2020

The hottest Montreal-area neighbourhoods for homebuyers right now

Already hot before the pandemic, the local real estate market is still on fire, but buyers have different priorities noIf Montreal’s real estate ma...

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02 Oct 2020

How the pandemic has changed Montreal real estate

Selling your home in the middle of a pandemic may seem stressful, but the thought of going through a long winter lockdown in a home you’re unhappy ...

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02 Oct 2020

Beaconsfield seeks financial aid for waterfront revitalization project

Beaconsfield is seeking public and private contributions to fund revitalization project of Centennial Park and Lord Reading properties.The city of ...

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30 Sep 2020

These are the five hottest real estate markets in Canada — and Toronto a...

These are the regions driving home price increases in CanadaAugust sales statistics released by the Canadian Real Estate Associationshow the nation...

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21 Sep 2020

Home inspection well worth the cost!

Getting a home inspection is money well spent. The overall cost of a few hundred dollars is nothing compared to the overall cost of the home — but ...

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21 Sep 2020

Breaking the Mould: How to Deal with Household Fungus

Nothing mars a beautiful home interior more than the unwanted incursion of mould. Mould’s reputation carries with it more than just an unsightly ap...

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10 Sep 2020

Montreal remains a real estate sellers' market as sales break records in...

Montreal's real estate market remained hot in August, breaking records for sales as it did in July.The sales record matches those in cities across ...

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10 Sep 2020

Five reasons Canadians have little reason to fear a housing crash

Whether they take place during a pandemic-fuelled recession or during a period of sustained economic expansion, record-shattering home sales in Can...

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10 Sep 2020

Bank of Canada commits to keeping benchmark rate at 0.25% during COVID-1...

The Bank of Canada says the economic recovery from COVID-19 will need help from policymakers, which is why the central bank is committing to keepin...

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31 Aug 2020

What to do if your mortgage deferrals are almost over and you can’t pay!

As the summer turns into fall, the six-month vacation thousands of Canadians have taken from their mortgage payments will be over.As of the end of ...

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14 Aug 2020

Canada's mortgage 'stress test' level falls for 3rd time since pandemic ...

The bar at which the finances of Canadian mortgage borrowers gets tested has just been lowered, making it easier for would-be home buyers to reach....

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14 Aug 2020

Rental security deposits are legal, Quebec landlords' association says (...

A Quebec landlords’ association announced on Wednesday that it thinks it has found a legal means to seek a security deposit from potential tenants,...

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07 Aug 2020

Montreal-area residential sales jump 46% in July, setting new record for...

Montreal’s residential real estate market continued to play catch-up last month.Some 5,356 residential property sales were concluded in Montreal’s ...

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06 Aug 2020

Spurred by pandemic, many Montrealers are moving to the country

Six months into the pandemic, many Montrealers are making an exodus from big city life, seeking space and nature in the Eastern Townships and the L...

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06 Aug 2020

Canada tops list for British homebuyers thinking of relocating

In the United Kingdom, the housing market ground to a halt in March due to COVID-19, but since then buying activity has picked up, says Bankrate, a...

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27 Jul 2020

Montreal boaters say closure of Lachine Marina leaves them without a pla...

With the Lachine Marina set to close to make way for a waterfront park, some Montreal boat owners say they are losing a beloved gathering place use...

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24 Jul 2020

Interest rates won’t rise until at least 2023

The pandemic has forced most of us to learn to live with a good dose of uncertainty when it comes to our ability to make even short-term plans.But ...

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24 Jul 2020

Plan to replace curbside parking with bike paths in NDG pushes forward d...

Borough mayor says plan is temporary and can be 'tweaked' later, but resident demands public consultationAny major infrastructure changes to Terreb...

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16 Jul 2020

Interest rates will stay low as Canada faces 'long climb' out of COVID-1...

Canada's central bank opted to keep its benchmark interest rate right where it was on Wednesday, at 0.25 per cent.It's the first rate decision unde...

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13 Jul 2020

Foreign investments on rise as tech firms double down on Montreal

No travel? No problem.Even with the coronavirus pandemic raging on, Montreal managed to attract a record amount of foreign direct investments in th...

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10 Jul 2020

Montreal real estate roars back with 'greater pent-up demand than antici...

Montreal real estate prices are going up, not down.Royal LePage says that despite the COVID-19 pandemic, house price growth in greater Montreal acc...

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10 Jul 2020

Refinancing and mortgage renewal requests soar as homeowners rush to rea...

Real estate markets might have experienced a temporary freeze in April and May, but mortgage brokers across the country are reporting some of their...

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03 Jul 2020

Ratehub, RateSpy: Fixed rates to go even lower!

A fixed-rate mortgage today can go for as low as 1.64%, but the current rate environment is introducing significant industry risks as prospective b...

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03 Jul 2020

Amid a housing crisis, should Montrealers be allowed to convert duplexes...

Some say they need to renovate to stay in Montreal, but others say it will put vulnerable tenants at riskHugo Levasseur in front of his duplex with...

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29 Jun 2020

Buyers lining up to purchase homes after month-long pause on showings

There’s a feeding frenzy on new listings in Montreal, thanks to pent-up buyer demand following the month-long pause on real estate showings in Queb...

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23 Jun 2020

Developers still upbeat on Montreal condo, apartment market

The demand for new condos and rental housing has remained stable in Montreal despite the COVID-19 pandemic, but that picture could change if the un...

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23 Jun 2020

Steady decline in core inflation to disturb mortgage rates

Canada’s core inflation is likely to continue falling to record lows, in turn affecting potential mortgage rates, according to a RateSpy analysis.“...

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23 Jun 2020

REM station will be named Griffintown-Bernard Landry

The Peel Basin station for Montreal's light-rail network will be named Griffintown-Bernard Landry, announced Montreal Mayor Valerie Plante on Monda...

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18 Jun 2020

Pandemic has spurred Montrealers' interest in country homes!

It’s early days yet to call it a trend, but real-estate agents say they are noticing a bump in demand by Montrealers for properties in the Laurenti...

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15 Jun 2020

Why CMHC Is Dead Wrong About Falling Real Estate Prices

Canada Mortgage and Housing Corporation (CMHC) made headlines last week when the organization told Canadians real estate prices will drop substanti...

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15 Jun 2020

Rising House Prices And Tanking Rental Market Show Pandemic's Economic D...

MONTREAL ― The COVID-19 lockdowns have exposed a divide in Canada’s job market, with low-income earners getting hit much harder than high-income ea...

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09 Jun 2020

Five-year fixed mortgage rate in Canada falls to 1.99% for first time!

A mortgage lender for the first time is offering Canadians a five-year fixed rate below 2 per cent.HSBC has dropped its five-year fixed mortgage ra...

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09 Jun 2020

What do the new CMHC rules mean for homebuyers?

Getting mortgage default insurance is about to get harder after Canada’s federal housing agency announced stricter lending standards on Thursday.Th...

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05 Jun 2020

Montreal's residential real estate market shrank in May, but prices did ...

Montreal’s residential real estate market shrank for a second straight month in May, though prices continued to climb despite the health-related lo...

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05 Jun 2020

Canadian Housing Agency Draws Fire for Tightening Mortgage Rules

Canada’s housing agency announced it will tighten mortgage qualification rules for high-risk borrowers, a controversial move that could curb credit...

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05 Jun 2020

Montreal defers property tax deadline to September!

Postponement necessary, says Coun. Benoit Dorais, but costs city $2B in lost revenue over summer monthsMontreal Mayor Valérie Plante said the postp...

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29 May 2020

Canadians could see record low interest rates until 2022!

Good Morning!With the Bank of Canada to decide on interest rates this Wednesday, just about everybody agrees rates will stay at the record low 0.25...

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25 May 2020

Stress test 2.0? What a 10% minimum down payment requirement would mean ...

Canadian Mortgage and Housing Corporation CEO Evan Siddall’s recent address to the Standing Committee on Finance contained a plethora of negative p...

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25 May 2020

12 Ways to Deep Clean for Spring

As temperatures begin to rise, there’s nothing more rewarding than packing away your winter gear and tackling spring cleaning projects. Plus, now t...

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22 May 2020

Alberta and Quebec lead the country in CMHC-insured mortgage deferrals!

Canada Mortgage and Housing Corp. says 2 provinces account for more than half of deferred mortgages nationwideCBC News · Posted: May 21, 2020 2:01 ...

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19 May 2020

Planning on moving this summer? Here's what you need to know

An overview of Quebec's moving and housing regulations in the midst of COVID-19CBC News · Posted: May 17, 2020 5:08 PM ET | Last Updated: May 17The...

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12 May 2020

Mortgage rates will remain at historic lows until 2022: BMO

With anxiety mounting throughout March as the economic impacts of the COVID-19 pandemic intensified, Canada’s central bank took swift action to sla...

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12 May 2020

Montreal real-estate market hit hard by pandemic

Like many industries affected by the COVID-19 pandemic, the red-hot Montreal real-estate market has suddenly chilled.After 61 consecutive months of...

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07 May 2020

The Colourful Kitchen Comeback!

For too long, kitchen designs have opted for the safety of neutral colour palettes. Whites and wood finishes are a great foundation and never go ou...

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28 Apr 2020

Quebec Professional Association of Real Estate Brokers releases updated ...

During this time of the COVID-19 pandemic, the Quebec Professional Association of Real Estate Brokers (QPAREB) unveiled in an April 24 release its ...

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22 Apr 2020

Quebec real estate brokers get the green light to return to work amid CO...

The Quebec government has authorized the province's real-estate brokers to get back to work during the COVID-19 pandemic, but it won't exactly be b...

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21 Apr 2020

With new rules in place, residential construction resumes in Quebec!

Residential construction and renovation projects that had been scheduled to be finished by July 31 can resume today in Quebec.Thousands of projects...

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20 Apr 2020

Only 2K Canadians have used First-Time Home Buyer Incentive!

Only 2,000 Canadians have signed up to let the government share equity in their home through the First-Time Home Buyer Incentive since it launched ...

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08 Apr 2020

Montreal property brokers brace for spring freeze amid lockdown!

Property brokers are bracing for a spring freeze in Montreal after residential sales fell off a cliff in late March following the provincial govern...

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08 Apr 2020

TD Bank chief optimistic of steady recovery after the pandemic!

Toronto-Dominion Bank’s CEO has expressed confidence that the domestic financial system and household purchasing power will regain valuable lost gr...

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30 Mar 2020

Big banks cut prime rates to 2.45% after Bank of Canada's surprise move!

Canada’s top lenders lowered their prime rates by 50 basis points on Friday, hours after the central bank unexpectedly cut its key interest rate to...

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23 Mar 2020

Frustrated Canadians looking for mortgage deferrals from big banks facin...

Some Canadians looking to defer mortgage payments due to COVID-19 say they are facing delays, confusion and outright denials from the country's big...

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22 Mar 2020

Canada’s largest banks slash prime lending rates!

Following the Bank of Canada’s surprise announcement last week that it is lowering interest rates by 50 basis points to 0.75%, the country’s larges...

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18 Mar 2020

Coronavirus: Canada’s big banks to allow mortgage payment deferrals!

Canada’s big six banks will allow mortgage payment deferrals for up to six months as part of extraordinary measures to help customers struggling wi...

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13 Mar 2020

RBC, CIBC, Bank of America join economists predicting Canada will slump ...

A recession is coming, a growing number of economists warn as Canada’s economy is battered by the unprecedented slam of the coronavirus, financial ...

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12 Mar 2020

Fixed or variable? The coronavirus crisis has made one the better pick f...

Amid crumbling financial markets, hundreds of thousands of Canadians must pick a mortgage term this spring.The most common question they’re asking ...

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12 Mar 2020

Pine Ave. to become greener, safer for pedestrians and cyclists!

Montreal's executive committee approves $3.4-million contract for plans and specifications of a $59-million redo. Pine Ave. east of Parc Ave. is go...

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10 Mar 2020

Canadian interest rates heading for an April cut

The worst global economic turmoil seen since the financial crisis of 2008 has inspired a forceful response from Canada’s monetary policymakers at t...

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06 Mar 2020

Montreal real-estate market stays hot in February, posts 60th straight g...

Residential property sales in and around Montreal had their best February on record, marking five years of consecutive monthly advances.More than 5...

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06 Mar 2020

Bank of Canada believes this time rate cut will bolster housing market, ...

Bank of Canada Governor Stephen Poloz suggested Thursday that lower interest rates would not send home prices skyrocketing, but could instead help ...

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06 Mar 2020

Historic Snowdon Theatre building converted to condominium development!

The iconic building that once housed the Snowdon Theatre is being given new life.Construction has begun on a new six-storey condo project that is e...

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02 Mar 2020

Investing in Montreal real estate: 6 tips for first-timers!

Investing in Montreal real estate: 6 tips for first-timersIt’s best to clearly define what you’re looking to get out of your investment and when so...

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02 Mar 2020

Plex potential for Vaudreuil-Soulanges investors!

If you’re looking to invest in real estate, you may assume it’s better to purchase rental property on the Island of Montreal, rather than out in th...

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02 Mar 2020

Longueuil mayor proposes plan for electric tramway linking east and west!

The line would link Longueuil with Cégep Édouard-Montpetit and Panama REM stationThe mayor's proposal includes more green space, housing units and ...

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02 Mar 2020

Royalmount developer unveils greener, scaled-down version of mega-mall

There will be just one live theatre, not two as originally planned, and an outdoor entertainment venue has been eliminated from the plans to avoid ...

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02 Mar 2020

Pointe-Claire to restrict parking around train stations so residents get...

Out-of-town commuters who drive to Pointe-Claire to hop on the Vaudreuil-Hudson line in the morning will soon have to walk a few blocks if they don...

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19 Feb 2020

Ottawa announces changes to mortgage stress test for insured mortgages!

The federal government is changing the stress test rate for insured mortgages starting April 6.The government says the change will allow the rate t...

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19 Feb 2020

Not your first home purchase? Here's why you may still qualify for first...

It’s not just first-time buyers who are concerned about skyrocketing home prices. While most homeowners have profited from the rise in property val...

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19 Feb 2020

2,000 housing units planned for old CBC building in Montreal!

Construction on housing units at the old CBC/Radio-Canada building will begin this year, according to an announcement made on Tuesday.Developers MA...

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14 Feb 2020

Canadian interest rates heading for a cut this spring?

A consensus is emerging among economists tracking the trajectory of Canadian interest rates for 2020: rates are heading down in the first half of t...

News

14 Feb 2020

REM names 25 of 26 stations, but mum's the word on Griffintown

All but one of Montreal's light-rail network stations has an official name, but the whereabouts and name of the most controversial station remain u...

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13 Feb 2020

You complain, we explain: Answers to your snow-clearing questions!

watch the video!

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12 Feb 2020

Montreal selling times hit 15-year low!

Montreal's housing market remained favourable to sellers in January, as selling times for single-family homes and condominiums shrank to their shor...

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11 Feb 2020

Buying a new condo? Here are seven common pitfalls

The terminology, regulations, process and guarantees are different than what you may experience buying a detached or semi-detached home. Buying a n...

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07 Feb 2020

Robust fundamentals propelling Montreal's housing market!

A vigorous economy, low interest rates, and strong demographic fundamentals continue to stimulate accelerated growth in the Montreal housing market...

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07 Feb 2020

Google announces major Canadian expansion with new offices in Montreal!

Alphabet Inc. plans to expand its footprint in Canada, with the potential to more than triple its workforce in the coming years, the company’s chie...

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05 Feb 2020

TD Bank cuts posted mortgage rate to reflect lower rate environment

TD Bank lowered its posted five-year fixed mortgage rate on Tuesday to narrow the gap between the benchmark and the special rates it offers custome...

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05 Feb 2020

Prével spurns condo investors in favour of affordability

Prével, one of Montreal largest condo developers, is refusing to sell multiple units to buyers as a way to discourage investors and maintain housin...

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05 Feb 2020

Condo prices predicted to rise in Montreal this year!

The migration boom in Montreal will further propel residential sales and condo prices in 2020.The Quebec Professional Association of Real Estate Br...

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30 Jan 2020

Floored: Unique Flooring Solutions You Probably Never Considered!

Are you bored of hardwood floors? Are you looking to spice up your space with unique flooring, instead? Good flooring is like wearing a pair of gre...

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30 Jan 2020

Take homes off provincial flood maps if they're not at risk, West Island...

Pierrefonds-Roxboro mayor calls on Plante to act quickly, but city says lasting solutions take time to developItsik Romano, left, and borough Mayor...

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27 Jan 2020

Canadian interest rates may start dropping again in April: RBC

The Bank of Canada announced this week that it would leave its mortgage market-influencing key interest rate unchanged again. This development — or...

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27 Jan 2020

'Exuberant' market to bolster Montreal home sales in 2020!

Residential sales in Montreal are predicted to see blistering growth throughout the year, according to the Quebec Professional Association of Real ...

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26 Jan 2020

Daunting challenges ahead for development of Blue Bonnets site

Expectations for the future eco-neighbourhood on the former Blue Bonnets raceway are sky-high.Some 5,000 to 6,000 brand-new units, accessible to fa...

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25 Jan 2020

'Montreal is sexy' and its housing market is expected to break records i...

Get ready for another strong year in Montreal real estate.Residential property sales in the greater Montreal area are set to climb six per cent thi...

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14 Jan 2020

Montreal home prices will continue upward trend in 2020!

Current housing market predicted to further fuel urban sprawl, gentrificationWhile the majority of Montrealers are expected to keep renting, it's b...

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13 Jan 2020

Canada's luxury hotspots this year will be Montreal and Ottawa!

Montreal and Ottawa will be the foremost seller’s markets in the luxury housing segment this year, according to a new report covering high-end real...

News

13 Jan 2020

11 ways to make the most of a small dining space!

1. Opt for a round dining table to allow for better traffic flow and ease of conversation.2. Anchor your dining table in an open-concept space with...

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12 Jan 2020

Transport Quebec plans to rebuild 5 km of the Metropolitan

The roadwork is expected to cause significant traffic headaches — some sections of the highway are used by 177,000 vehicles daily.Cars drive throug...

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10 Jan 2020

There is No Bubble—At Least Not Yet—in Montreal’s Hot Housing Market!

Montreal’s housing market has accelerated in the last five years, riding growth in the tech sector, a surge of millennial buying power, and prime e...

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10 Jan 2020

Demand for condos not quieting down any time soon!

Condos continue their reign as the most in-demand housing type across Canada, having shown the fastest appreciation over the last year.In Royal LeP...

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09 Jan 2020

Montreal housing market posts largest price increase in nine years!

Trees don’t grow to the sky, but maybe Montreal real-estate prices will.Aggregate home prices in the Greater Montreal area rose 6.3 per cent in the...

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08 Jan 2020

Montreal home sales jump 26% in December to end ‘exceptional year'!

The Montreal area housing market continued to heat up in the last month of 2019, as sales and prices marched higher.The Quebec Professional Associa...

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06 Jan 2020

Eastern Canadian Real Estate Markets See Big Demand Surge!

Canadian real estate buyers are unusually busy at a time of year when no one’s selling. Canadian Real Estate Association (CREA) data shows the sale...

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05 Jan 2020

Mile End Montreal, Quebec: Oui!

Mile End is to Montreal what Queen Street West is to Toronto — dare we say — possibly even the more cultured older sister? One of the most renowned...

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30 Dec 2019

The seller’s paradox: when homeowners can’t find another place to buy!

Homes are selling fast in Montreal these days. It’s no surprise that this is putting pressure on buyers to act more quickly and offer more money t...

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30 Dec 2019

Canadian homebuyers shouldn’t expect interest rates to rise until late 2...

We already know Canadian mortgage rates are expected to stay low through 2020, barring any surprise economic shocks. After leaving it steady throug...

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30 Dec 2019

Rosemont–La Petite-Patrie borough forbids condo conversions for duplexes!

The borough has a vacancy rate of 1.5 per cent — lower than the Montreal averageCBC News · Posted: Dec 20, 2019 7:50 AM ET | Last Updated: December...

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13 Dec 2019

Home values in Montreal to appreciate more than in any other major Canad...

MONTREAL -- The value of Montreal real estate is expected to appreciate more in 2020 than in any other major Canadian city, according to a nationwi...

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13 Dec 2019

What happens to millennials in retirement if they never get into the hou...

No single issue highlights the financial predicament of millennials like home ownership.Rising tuition costs and the growth in temporary work at th...

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06 Dec 2019

Bank of Canada holds interest rates steady!

The Bank of Canada kept its key interest rate on hold where it has been for more than a year as it said Wednesday that ongoing trade conflicts and ...

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06 Dec 2019

Public transit, suburban travel redefine Montreal's typical commute

A classic example of a metropolitan Montreal commuter might involve someone travelling in their car from a suburb like Pierrefonds or Brossard to t...

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06 Dec 2019

Economy gets huge boost from realtor commissions!

Canada's economic growth in Q3 got a huge shot in the arm from the real estate sector, which represented more than half of the country's gross dome...

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29 Nov 2019

10 low or no-cost tips to help you sell your house for more money!

Selling your home ain’t cheap. You’ve got to factor in the agent’s commission, essential repairs, closing costs, transfer taxes and moving fees, le...

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29 Nov 2019

Prével launches Phase I of Montreal’s Esplanade Cartier!

Prével has kicked off sales for the first phase of Esplanade Cartier, a residential project on one of the largest sites still available for develop...

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29 Nov 2019

Town of Asbestos, Que., changing its name!

Former mining town asks residents to submit suggestionsAsbestos, Que., will change its name in 2020 as part of an ongoing effort to develop the loc...

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27 Nov 2019

4 reasons why December is the most wonderful time of year to buy or sell...

Slogging through snow and ice in sub-zero temperatures to shop for a home isn’t the most appealing way to spend a chilly winter day. Likewise, the ...

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27 Nov 2019

Montrealers, here are your residential property tax rates for 2020!

Highest increase is in Verdun, lowest in Rivière-des-Prairies—Pointe-aux-TremblesCBC News · Posted: Nov 25, 2019 10:39 AM ET | Last Updated: Novemb...

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27 Nov 2019

Bidding wars, multiple offers 'the norm' in Montreal real estate market!

Real estate broker Nathalie Bégin can’t recall a time during her three-decade career that the local market has been so tilted toward sellers.Bégin,...

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22 Nov 2019

Buying a new condo? Here are seven common pitfalls!

Buying a new condo isn’t quite the same as buying a house. The terminology, regulations, process and guarantees are different than what you may exp...

News

22 Nov 2019

Montreal real estate market displays 'unusual vigour' into November!

Autumn’s chills have done nothing to dampen real estate activity in Montreal.Transactions and average prices in the Montreal metropolitan area clim...

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22 Nov 2019

Rosemont's pedestrian safety project: just add stop signs!

Montreal's Rosemont—La Petite-Patrie borough has come up with a solution to drivers blasting through crosswalks: turn them into stop signs.With the...

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14 Nov 2019

Ten things to consider when renovating your home for a higher resale value!

If you want to sell your home, it’s likely you’re also thinking about what you can do to up its value.Through Canada’s new housing rebate, you’ll b...

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08 Nov 2019

Montreal's multi-family segment enjoyed significant gains last month!

Among Montreal residential asset classes, multi-family housing registered the strongest sales growth last month, according to the Quebec Profession...

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08 Nov 2019

Amazon bringing 300 new jobs to Lachine!

Amazon will be opening a new distribution centre in Lachine in time for the 2020 holiday season. They anticipate 300 new jobs will be created local...

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07 Nov 2019

Millennials think harder about what to watch on Netflix than choosing th...

Finding the perfect Netflix show to watch is a meticulous process — you don’t want to be 12 episodes deep into BoJack Horseman before you realize t...

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07 Nov 2019

Pay-by-plate parking coming to Montreal with new system upgrade

Montreal is investing $6 million in upgrading its parking pay stations to allow for more flexibility in the way people pay and to offer incentives ...

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07 Nov 2019

NDG's Walkley neighbourhood to get much-needed community space as part o...

Montreal's Côte-des-Neiges–Notre-Dame-de-Grâce borough is chipping in $3.2 million towards the expansion of a local school so it can be more than j...

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07 Nov 2019

Dorval residents put their foot down over proposed seniors high rise!

A register opposing a zoning bylaw amendment required to build a high rise for seniors in Dorval needed 62 signatures in order to move on to the ne...

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30 Oct 2019

Surging Montreal home prices show no sign of letting up!

Here’s a piece of good news for Montreal’s homeowners and bad news for anyone waiting to get on the property ladder: house prices are very much on ...

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30 Oct 2019

Bank of Canada holds rate, but darker outlook signals cut ahead!

The Bank of Canada could soon capitulate and cut interest rates because of the trade wars.Canada’s central bank left its benchmark interest rate un...

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30 Oct 2019

Your Montreal home could be worth $86,000 more two years from now!

To those who have, more will be given. To those who do not have, even what they have will be taken away.I always hated that Bible verse. It seems s...

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25 Oct 2019

Home prices climb in Montreal, with no end in sight!

If you’re thinking of getting into the market to buy a house, you should know: Waiting could cost you. Prices in Montreal have been rising steadily...

News

25 Oct 2019

BoC interest rates predicted to remain flat next week

The Bank of Canada will keep its rate flat this month, and then a cut by early 2020, according to a consensus of experts polled by financial think-...

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24 Oct 2019

Quebec residential sales hit new Q3 record!

Residential sales in Quebec’s real estate market hit a new high in the third quarter, one that hasn’t been seen Q3 2003. Sales jumped 16 per cent c...

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23 Oct 2019

Montreal Mayor Valérie Plante will require households to replace lead wa...

Montreal Mayor Valérie Plante is promising some bold action to tackle a drinking water crisis that is sweeping Quebec, in the wake of an investigat...

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23 Oct 2019

Community groups call for social housing on Blue Bonnets site

Community groups in Côte-des-Neiges called on the city Tuesday evening to build 2,500 social housing units on the former Blue Bonnets racetrack.“As...

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22 Oct 2019

Sud-Ouest businesses, residents brace for new construction-related heada...

Michel Robert is already dreading the prospect of returning home Monday afternoon amid the mayhem he fully expects will result from a new wave of c...

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17 Oct 2019

Home prices climb in Montreal, with no end in sight!

If you’re thinking of getting into the market to buy a house, you should know: Waiting could cost you. Prices in Montreal have been rising steadily...

News

17 Oct 2019

1 in 5 homes in Canada bought by newcomers, Royal LePage survey says

One in every five homes in Canada is bought by newcomers to the country, according to a Royal LePage survey released on Wednesday.The Royal LePage ...

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17 Oct 2019

10 adulting essentials every grown up should have in their home!

My friend has a great career where she travels around the world and at 30, she’s happy with what she’s accomplished in life. But her bedroom tells ...

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12 Oct 2019

Montreal market remains abuzz with strong sales activity!

Amid climbing prices, Montreal’s home sales activity enjoyed a 14% year-over-year gain in September, according to the Quebec Professional Associati...

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12 Oct 2019

REM link to Dorval train station shelved till after federal election!

Dorval Mayor Edgar Rouleau remains cautiously optimistic the Réseau express métropolitain will eventually be extended to the Dorval train station, ...

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08 Oct 2019

Montreal area home sales up 14% in September, prices climb!

Montreal area home sales rose 14 per cent in September compared with last year as home prices climbed.The Quebec Professional Association of Real E...

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08 Oct 2019

Controversy surrounds future of Montreal’s Hippodrome race track

Montreal Mayor Valérie Plante has big ambitions for a massive new housing project at the site of the old Hippodrome race track.She’s proposing 6,00...

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05 Oct 2019

All the reasons why Canada needs immigration — and more of it!

There are some calculations with pension plans that require advanced math, and some that don’t. One that doesn’t is the simple fact that Canadians ...

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03 Oct 2019

7 things I wish I knew before buying my first house

After nearly three decades helping people buy that next home, I have listened to many a first-time home buyer’s regret. I’ve been on the other end ...

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02 Oct 2019

Gentrification in Parc-Ex: how this electoral district is struggling wit...

Parc-Ex, one of Canada’s poorest areas and part of Justin Trudeau’s riding, has just welcomed a new University of Montreal campus that aims to posi...

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01 Oct 2019

Tips to help with mortgage shopping

Whether your client is a first-time buyer or a current owner who is renewing their mortgage, their commitment to the right (or wrong) mortgage loan...

News

01 Oct 2019

Completing Montreal métro's Orange Line loop will cost an estimated $4.3B!

Extending the métro’s Orange Line to Laval would cost $4.3 billion, according to a preliminary estimate done by the region’s transportation plannin...

News

23 Sep 2019

These are Canada’s most in-demand housing markets right now!

Montreal has dethroned Ottawa as Canada’s most in-demand housing market, according to the Scotiabank Housing Market Watch for August 2019.Quebec’s ...

News

23 Sep 2019

13 ways to style a faux or non-working fireplace!

click the link below to see the photos

News

20 Sep 2019

U de M campus creates a new neighbourhood in old Outremont Train Yard!

It’s not every day a new university campus is built, and on Friday, the Université de Montréal officially opens its new science campus — the result...

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20 Sep 2019

More Fed cuts expected to push Canadian interest rates lower!

A weakening global economy and continued trade fears — and emphatically, he said, not angry words from U.S. President Donald Trump — convinced U.S....

News

18 Sep 2019

Beaconsfield, Kirkland real estate gets an attractive assessment boost!

It's good news for homeowners who want to sell, but the news is not so good for, say, a young family who wants to buy a home in a leafy suburb. Las...

News

18 Sep 2019

Consultations coming for car-free neighbourhood on Blue Bonnets site!

Montreal is promising the future housing project on the former Hippodrôme will "change the paradigm" for development, by no longer basing it on car...

News

16 Sep 2019

The boom continues for one of Canada’s hottest housing markets!

For four-and-a-half years, Montreal’s housing market has been on a tear, and it showed no signs of stopping in August.Some 3,527 homes changed hand...

News

16 Sep 2019

Montreal real estate: Profitable income properties are not easy to find!

Real estate investment is a popular way to try and build wealth over time, but it isn’t always easy for new investors to tell when a property will ...

News

16 Sep 2019

The Liberals' first-time homebuyers incentive is a bad deal!

The First Time Home Buyers Incentive (FTHBI) is a bad deal.I support the Liberal's National Housing Strategy. I have also publicly advocated for ch...

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12 Sep 2019

Property tax assessments up 13.7 per cent in Montreal!

Assessments for property tax are up by 13.7 per cent on the island of Montreal.That’s a jump from the 2017-19 tax roll, which showed a 5.9-per-cent...

News

12 Sep 2019

4 home renovation mistakes that will cost you time and money!

1. Overlooking your plumbing systemYou may be able to rattle off your home’s square footage, the number of closets it has, and your kitchen counter...

News

09 Sep 2019

Everything your clients need to know about down payments!

For many, saving for a down payment is one of the biggest roadblocks to becoming a homeowner. In today’s economic climate, saving money is challeng...

News

09 Sep 2019

Greater Montreal home sales rise 10% in August as prices also climb!

MONTREAL -- Greater Montreal home sales in August rose 10 per cent compared with a year ago to hit a record high as prices also rose.The Quebec Pro...

News

09 Sep 2019

Why these market experts say Canadian interest rates will be cut this fall!

A panel of experts says the Bank of Canada’s next move will be a rate cut, and nearly half expect policymakers to pull the trigger before the year’...

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03 Sep 2019

Why the Bank of Canada won't fight a recession till there is one!

Inevitably, Bank of Canada governor Stephen Poloz must do his job in the shadow of his powerful U.S. equivalent at the Federal Reserve.But as Canad...

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03 Sep 2019

Immigrants, tech industry propelling demand for rental housing!

Housing activity in Toronto and Montreal is increasingly leaning upon demand from immigrants and tech sector professionals, according to the latest...

News

02 Sep 2019

Montreal condo market responding to significantly stronger demand!

Reflecting much intensified demand for the asset class, Montreal’s condos saw their median price grow at twice the rate of single-family detached h...

News

02 Sep 2019

Montreal Gets a 'Remarkable' Chance to Build a New Neighborhood!

For 236 years, the name Molson has watched over Montreal’s Centre-Sud neighborhood, from the area’s earliest days as an agricultural plain to its e...

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02 Sep 2019

BoC does not need a rate cut at this point – National Bank

Ahead of the Bank of Canada’s policy meeting in September 4, National Bank has argued that the central bank does not need to cut rates.This is beca...

News

26 Aug 2019

11 kitchen island ideas you probably haven’t considered but should!

News

22 Aug 2019

Plexes and condos are Montreal’s powerhouse residential assets!

Montreal’s plexes and condos are seeing increased popularity, providing significant contributions to the market’s home sales volume last month.Acco...

News

22 Aug 2019

Montreal house prices have gone up by 5.8% in last year!

National house prices increased from a year ago by the smallest amount in a decade as Western Canadian declines were offset by gains in Ontario and...

News

22 Aug 2019

Ottawa pledges $50 million for Montreal’s Grand Parc de l’Ouest!

Prime Minister Justin Trudeau pledged up to $50 million for infrastructure work for Montreal’s future Grand Parc de l’Ouest on Wednesday, hailing t...

News

20 Aug 2019

A Bank of Canada rate cut is looking more likely and the first could com...

More economists are coming around to the view the Bank of Canada will have to cut rates this year, with a move as early as September looking increa...

News

20 Aug 2019

Risk and reward in the Quartier des lumières revamp of Centre-Sud!

One of Montreal’s poorest neighbourhoods is on the cusp of an extreme makeover, and area residents and city officials are intent on making sure the...

News

20 Aug 2019

Fixed or variable mortgage rate: Which is better for first-time homebuyers?

Buying your first home is one of life’s biggest decisions. It can also be one of the most stressful. Knowing what types of mortgages are available ...

News

20 Aug 2019

TMR gets a park to cover part of the REM line!

A section of the train tracks that run through Town of Mount Royal will eventually be covered — a move that will pave the way for a new public spac...

News

15 Aug 2019

A new vision for Dollard-des-Ormeaux parks and bike paths!

Summer weather is well underway and residents of Dollard-des-Ormeaux have two new splash pads to visit at Westminster and Lake Road parks. There is...

News

14 Aug 2019

Tips on How to Pay Off Your Mortgage Faster!

When you buy a house with a 25-year mortgage, it can feel like a life sentence. You’re committing to a quarter-century of payments that you must ma...

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14 Aug 2019

Can anything derail Canada’s hottest housing market?

Home sales have been on a relentless upswing for several years in Montreal, which has risen to become one of Canada’s hottest housing markets.In Ju...

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14 Aug 2019

Should Sainte-Anne-de-Bellevue allow backyard chickens? This group think...

A sustainable food group based out of McGill's West Island campus wants Sainte-Anne-de-Bellevue to allow residents to raise chickens in their backy...

News

14 Aug 2019

New equipment to be installed at landfill to quell smell and noise!

Noise and odour complaints about a former gravel quarry in Pierrefonds reach back more than 40 years.The former Meloche gravel quarry off Oakwood S...

News

13 Aug 2019

Five-year fixed rates of as low as 2.39% now available!

From a previous low of 2.49%, the best available 5-year fixed rate on Ratehub.ca has shrunken further to 2.39%, the site reported late last week.Th...

News

13 Aug 2019

Fixes to the flood-zone map trigger mixed reactions in West Island!

The majority of West Island mayors sighed in relief last week after learning homes in their territories that had been erroneously included in the r...

News

12 Aug 2019

The US central bank just cut interest rates — so what do Canadian policy...

It’s your move, Canadian policymakers.Last month, the US Federal Reserve slashed its benchmark rate by 25 basis points to a target range of 2 perce...

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12 Aug 2019

Quebec researchers look to use groundwater to cool buildings, reduce dep...

A team of Quebec researchers is trying to find a new way of beating the heat by using groundwater to cool down buildings and reduce the climate imp...

News

12 Aug 2019

Pierrefonds and Kirkland residents fed up with 12-year-old gate separati...

An imposing metal gate that separates an affluent area of Kirkland from a middle-class neighborhood in Pierrefonds has caused long delays for child...

News

09 Aug 2019

Montreal planning to create largest urban park in Canada!

The City of Montreal says it is planning to create the largest urban park in Canada — in the West Island.Mayor Valérie Plante says when the 3,000 h...

News

09 Aug 2019

Lachine East project: Heritage and eco-friendly initiatives top OCPM rec...

Following months of information sessions and community workshops, the Office de Consultation Publique de Montreal (OCPM) released its report Wednes...

News

08 Aug 2019

Verdun housing project breaks ground, and it's already sold out!

A groundbreaking ceremony took place Tuesday for a housing development in Verdun.But anyone hoping to get in on the ground floor of home ownership ...

News

08 Aug 2019

Montreal home sales grow 16% to set new record in July!

Summer vacations haven't dampened demand in Greater Montreal's real estate market which saw sales grow by 16 per cent to a new sales record in July...

News

06 Aug 2019

Quebec posts consistent quarter-over-quarter sales growth!

During Q2 2019, the province of Quebec saw its 20th straight quarter-over-quarter increase in residential sales activity.Figures from the Quebec Pr...

News

06 Aug 2019

Is Montreal the new Toronto?

A dearth of new condo supply in Montreal during the first quarter of 2019 caused a two-year sales nadir in the city’s downtown, however, quick rect...

News

06 Aug 2019

WATCH: Understanding Quebec's flood-risk map and its controversy!

In response to criticism, the most recent map was adjusted and re-released in July. There are now 30 fewer municipalities in special intervention z...

News

31 Jul 2019

Negative Interest Rates: Someday The Bank May Pay You For Your Mortgage!

Cue a familiar record: Canada has an epic housing bubble. Analysts at Bloomberg News recently put together a new index of housing bubble risk and f...

News

26 Jul 2019

Where are the buyers’ and sellers’ markets in Canada right now?

How are things shaping up in housing markets across the country? The growing narrative from CREA is that conditions are balancing out; June sales a...

News

26 Jul 2019

With fixed rates below variable ones, mortgage market is in the Upside D...

Call it the Stranger Things of the housing market: Canadians can now get a lower interest rate on a new mortgage by locking into a fixed rate, rath...

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26 Jul 2019

Registry opposing Westmount development project doesn’t get enough signa...

A registry to oppose a development project in Westmount has not received the minimum number of signatures required to trigger a referendum.A total ...

News

23 Jul 2019

How To Get a Construction Mortgage Loan to Build Your Dream Home!

For most, the fantasy of building a dream home is just that—a fantasy: the perfectly styled gourmet kitchen, the shower big enough to fit an elepha...

News

23 Jul 2019

Montreal becoming more pedestrian friendly — one car-free zone at a time!

The city now has some 50 streets free of vehicular traffic where people can stroll past gardens, outdoor urban furniture and splashes of colour. Fi...

News

23 Jul 2019

N.D.G. bike path plan comes under fire from all sides!

The plan — voted by a majority of councillors at the June meeting of the Côte-des-Neiges—Notre-Dame-de-Grâce borough — calls for bicycle paths to b...

News

23 Jul 2019

15 features today’s homebuyers actually want in a home!

When shopping for a new home, it’s important to separate the must-haves from the nice-to-haves. You don’t need a wood burning pizza oven to whip up...

News

22 Jul 2019

Canada’s mortgage stress tests just got a little easier!

The interest rate used in Canada’s mortgage stress tests has fallen for the first time since 2016, making it slightly easier to become a homeowner....

News

22 Jul 2019

Condo sales lead record quarter in Quebec!

It was a significant quarter for residential sales in Quebec. According to a report by the Quebec Professional Association of Real Estate Brokers (...

News

22 Jul 2019

Montreal real estate: Phase 1 of Wilderton Centre revitalization underway!

The worn-out 1960s-era Wilderton Shopping Centre in Côte-des-Neiges will soon be replaced by a new mixed-use residential and retail hub inspired by...

News

22 Jul 2019

Flood map causing headaches as residents scramble to report errors!

Tim Coochey’s house was flooded in 2017, and he’s still paying the price for what he calls government mistakes.Coochey’s Des Maçons St. home was in...

News

22 Jul 2019

Montreal homes are selling almost as fast as they’re listed!

Now you see it, now you don’t. That’s the story of Montreal home listings these days as sales are continuing at a breakneck speed.Homes are being s...

News

17 Jul 2019

What it costs to rent a home across Canada!

News

17 Jul 2019

Jean Brillant St. in Côte-des-Neiges chosen for pedestrian project!

During the next three years, part of Jean Brillant St. in Côte-des-Neiges will be updated to better accommodate the pedestrians who walk it every d...

News

17 Jul 2019

Kramberger: Room for improvement in revised flood maps!

While some inaccuracies were corrected for local municipalities along Lac St-Louis in the revised flood zone maps released by Quebec’s Municipal Af...

News

15 Jul 2019

Mortgage shoppers take note: Bank of Canada interest rate cut predicted ...

When the leaves start to turn and the mercury begins to drop, mortgage rates might be lower, too, one economist predicts.Capital Economics is stick...

News

15 Jul 2019

7 all-too-common moving mistakes and how to avoid them!

Don’t set yourself up for failure on moving day. By planning ahead, packing strategically and hiring outside help, you can avoid headaches when the...

News

15 Jul 2019

A seller's market: Home prices forecast to keep climbing in Montreal!

"Houses are selling quickly because there's not enough of them to supply the demand, so there are a lot of people who are looking to purchase house...

News

13 Jul 2019

BoC interest rate cut likely on its way!

While it didn’t happen this week, the likelihood that the Bank of Canada slashes interest rates is growing, according to observers.“If we were only...

News

12 Jul 2019

A seller's market: Home prices forecast to keep climbing in Montreal!

Expect another year of soaring prices in Montreal’s housing market, which might push buyers to the suburbs of the island, according to the latest r...

News

12 Jul 2019

High rents are driving businesses out of Montreal's neighbourhoods. What...

Hip places like Mile End have become 'wild west' for commercial tenants, with some calling for rent controls"Mile End is dead," proclaim new signs ...

News

12 Jul 2019

Complain all you want, but the rental housing market needs condo investors!

Many recent real estate market commentaries have been critical of privately owned housing, especially condominiums, being a major source of new ren...

News

10 Jul 2019

Dorval residents raise concerns over proposed seniors’ residence project!

A strip mall off of Highway 20 in Dorval could soon be replaced by a 12-storey apartment building with more than 200 units.The units would be up fo...

News

08 Jul 2019

Beaconsfield calls on province to remove homes from new flood zone maps!

The City of Beaconsfield is calling on the provincial government to remove more than 200 waterfront homes from new flood zone maps.Beaconsfield cit...

News

07 Jul 2019

Blue line extension a step closer after federal government's $1.3B commi...

Prime Minister Justin Trudeau announced Thursday the federal government will contribute $1.3 billion towards the extension of the Montreal Metro's ...

News

06 Jul 2019

Condo flippers beware: The taxman is watching you, and has new tools at ...

If you plan on selling a home or condo that you bought fairly recently, especially if you never actually moved into it, be wary as the tax man will...

News

06 Jul 2019

Montreal’s housing market conditions tightest since 2005 as listings plu...

Montreal’s housing market tightened last month as inventory plunged, according to the city’s real estate board.The total number of homes up for gra...

News

04 Jul 2019

Developers set sights on 'forgotten' Bridge-Bonaventure sector!

It has signature landmarks like the Five Roses Flour sign, the Old Port’s Silo No. 5 and Habitat 67, and to-die-for vistas of the St. Lawrence Rive...

News

04 Jul 2019

Experts agree Canadian interest rates are heading for a cut!

Most experts anticipate that the next time the Bank of Canada adjusts its policy rate, it’ll make a cut.So suggests a recent survey of 14 economic ...

News

04 Jul 2019

How Montreal is preparing for the 'scooter-pocalypse'!

Montrealers are particularly good at hating every mode of transportation other than the one they're using at the time. The addition of e-scooters t...

News

04 Jul 2019

Self-driving buses hit Montreal streets for first time as part of pilot ...

The rides are free and carry passengers between the Olympic Stadium and Maisonneuve MarketThere is a bus tooling around Mercier–Hochelaga-Maisonneu...

News

02 Jul 2019

Pioneer condos starting at $785,500, wine cellar included!

The shuttered Pioneer bar is still standing, for now, but its owner is now offering a glimpse of the luxury condos that could someday takes its pla...

News

02 Jul 2019

Montreal real estate: Know rental rules before buying vacation home!

If you’re thinking of buying a vacation home you can also rent on Airbnb, you should know there’s a lot more to it than just listing your rental pr...

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02 Jul 2019

Gentrification brings rising rent to notoriously affordable Park Ex!

Montrealers looking for affordable places to live have often turned to Park Extension, but even that area of notoriously low rents is seeing rising...

News

02 Jul 2019

Montreal rental market constrained in terms of supply, options!

With moving day having come and gone, Montreal’s overall rental vacancy rate is sitting at 1.9%, according to latest data from the Canada Mortgage ...

News

28 Jun 2019

You will never master your finances until you do this!

Today’s guaranteed conversation starter is the question of whether you can find financial success by denying yourself small luxuries such as lattes...

News

27 Jun 2019

Should you ditch your mortgage lender when the term is up?

In Canada, 2015 was one of the busiest years for home sales on record. The typical mortgage term is five years, which means that when 2020 rolls ar...

News

27 Jun 2019

What does condo insurance really cover?

Condo insurance is recommended if you own a condo unit. Unlike traditional homes, with a condo, you don’t own the building or the land — you own yo...

News

27 Jun 2019

Montreal’s de la Commune service yard to be transformed into green neigh...

A little sliver of Montreal near the Lachine Canal will be transformed as part of a larger plan to build a sustainable community in the area. Montr...

News

27 Jun 2019

Are You out of Range? Choosing the Right Wi-Fi for Your Home

Have you ever wondered why you can't get a decent wireless Internet connection in your basement, on your front step or in your bedroom? If you're n...

News

26 Jun 2019

Montreal secures Quebec support for a tramway from downtown to Lachine!

Mayor gives in to CAQ government's demand she turn over federal infrastructure money for Quebec City's tramwayMontreal Mayor Valérie Plante says sh...

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25 Jun 2019

Montreal mixed-use development aims to be a sustainable community!

A soon-to-arise development by Le Quartier-Forestia is slated to offer 53 hectares of multi-use space in Greater Montreal, attesting to the market’...

News

25 Jun 2019

Verdun's new beach draws crowds on opening day!

If the first day is anything to go by, the people of Verdun really wanted a beach.Montreal Mayor Valérie Plante and other officials cut the ribbon ...

News

21 Jun 2019

These 2 Canadian housing markets keep reaching new all-time price highs!

Peak house prices are still being reached in two of Canada’s major housing markets.Again and again, Montreal and Ottawa have reached new heights on...

News

21 Jun 2019

Updated Quebec floodplain map includes large portion of Pierrefonds-Roxb...

New flood maps by the Communauté métropolitaine de Montréal (CMM) have outlined the regions that it finds now fall into Quebec’s floodplains.The ma...

News

20 Jun 2019

Put your money to work. Invest in real estate!

Do you want to diversify your sources of income and build a comfortable retirement fund? Do not hesitate, invest in real estate. But before you emb...

News

19 Jun 2019

‘Truly momentous’ time for Montreal CRE: Devencore CEO!

Montreal’s real estate scene is more dynamic today than at any time during the past five decades, says Jean Laurin, CEO of the real estate brokerag...

News

18 Jun 2019

Inflation surges to highest in seven years, giving Bank of Canada room t...

Canadian inflation quickened in May on increases across all eight major components, giving the Bank of Canada plenty of scope to hold interest rate...

News

18 Jun 2019

Pointe-Claire's flower pots are ugly and look like recycling bins, criti...

They’re big, bright and blue, but not everyone is happy with dozens of new plastic flower pots installed along streets in the Pointe-Claire and Val...

News

17 Jun 2019

Government lays out fine print of new CMHC program that could contribute...

Program will be limited to first-time buyers who earn under $120K a yearThe government on Monday released details of a program announced during th...

News

17 Jun 2019

11 pet-friendly house plants that are safe for cats and dogs!

Plants are our friends, but animals are family. Thankfully, it’s possible to have both under one roof, but it’s important to select the right plant...

News

17 Jun 2019

Beaconsfield residents rally together to explore options on sound wall b...

Beaconsfield residents are rallying together in an effort to force the city to build a sound barrier along Highway 20. About a dozen people gather...

News

15 Jun 2019

Montreal wins with the lowest cost of living!

The grass isn’t always greener. How tax and living costs compare in eight Canadian and U.S. cities:Paul and Andrea are good friends of ours. They m...

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15 Jun 2019

The 10 best low-care house plants for beginners!

Many people are quick to label themselves ‘black-thumbed’ at the first sign of trouble — tips of the leaves turning brown, the occasional leaf fall...

News

12 Jun 2019

Laval prepares for record-breaking mixed-use project!

Construction is underway on what will be the largest mixed-use project ever built in Laval.Espace Montmorency is an urban hub located in the heart ...

News

12 Jun 2019

Where will ‘garage orphans’ charge electric cars if they have to park on...

Among EV experts, there’s a name for folks who have to park on the street: garage orphans.“Right now, garage orphans are really constrained in thei...

News

12 Jun 2019

The 4 reasons your house plants keep dying!

Tell me if this familiar: You bring a new plant home from the nursery, with hopeful visions of your future together. You think, “This time, things ...

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12 Jun 2019

Still no definite date for Samuel De Champlain Bridge's opening!

New bridge is still supposed to be open by month's end, says federal Infrastructure MinisterThe opening date of the new Samuel De Champlain Bridge ...

News

12 Jun 2019

E-scooters are coming to Montreal, but is the city ready?

Speedy two-wheelers have caused chaos in other cities, with abandoned scooters littering sidewalks and tossed into canals. Montreal says it has the...

News

10 Jun 2019

As Montreal booms, city's reputation for affordable apartments takes a hit!

MONTREAL — When Erica Fagan and her fiance started looking for a new apartment in their St-Henri neighbourhood, they thought they had reasonable cr...

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10 Jun 2019

Montreal real estate: Westmount prices hit a new high!

Westmount prices hit a new high this week with the $9-million sale of a heritage estate belonging to Montreal shoe baron Aldo Bensadoun. The highes...

News

07 Jun 2019

The 8 best low-light plants that are almost impossible to kill!

If bright natural light isn’t one of your home’s winning features or you have a self-proclaimed black thumb, you may have already come to the sombe...

News

06 Jun 2019

'Pretty cheap money': Canadian mortgage rates falling to their lowest le...

Fixed and variable loans have gotten cheaper because costs for lenders are down too. Spring is typically a busy time for home sales, so lenders are...

News

06 Jun 2019

Montreal market seeing home sales and prices continually rise!

Montreal’s home sales and average residential prices continue going up, even as the city’s inventory is seeing a considerable shrinkage, according ...

News

05 Jun 2019

Where does YOUR neighborhood rank?

While the rest of Canada’s urban housing markets were deflating under the pressure of the mortgage stress test and portents of potentially higher i...

News

05 Jun 2019

Montreal's Molson brewery to make way for new residential neighbourhood

The landmark Molson brewery, a looming presence on Montreal's waterfront for more than two centuries, could soon be transformed into a neighbourhoo...

News

05 Jun 2019

Home sales soar on Montreal outskirts while the island sees a dip!

Montrealers bought six per cent more homes last month than in May 2018, with monthly homes sales on the rise for more than four years straight.The ...

News

31 May 2019

Fiera eyes Peel Basin project as property arm seeks expansion!

Add Montreal’s Fiera Capital Corp. to the list of players who want a piece of the action if a baseball stadium ever gets built at the Peel Basin. F...

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30 May 2019

Brivia to build Montreal’s tallest condo tower!

Brivia Group plans to build Montreal’s tallest residential tower, the $400-million, 61-storey 1 Phillips Square, as part of a phased billion-dollar...

News

30 May 2019

Bank of Canada holds key interest rate steady at 1.75%!

Decision in line with what economists were expectingCanada's central bank is keeping its benchmark interest rate right where it is, suggesting it v...

News

29 May 2019

Quebecers show increasing trust in real estate brokers!

There’s a high level of trust among Quebec home buyers and sellers in the province’s real estate brokers.A Leger survey for the Quebec Professional...

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29 May 2019

These top six renos can help seal a better deal when selling your home!

Renovating kitchens, bathrooms and basements can really add value to your home. But even a coat of paint can help...Anyone who has been on a first ...

News

28 May 2019

Markets are more gloomy about our economy than the Bank of Canada — who’...

As the Bank of Canada meets this week amid trade-war chaos, a big unanswered question will loom over the gathering: Who’s right about the nation’s ...

News

28 May 2019

Traffic snarls are a certainty this summer. Plan your route accordingly,...

Take advantage of traffic-monitoring apps and other tools to avoid 34 major roadwork projects, officials urgeWith another road construction season ...

News

28 May 2019

Why trees are being felled in Montreal's La Fontaine Park

'We heard a tree crack,' says teacher of nearby school who has seen firsthand the danger of weak trees.With its artificial lake surrounded by a rol...

News

27 May 2019

Canada's Mortgage Rates Are Coming Down, With Record Lows For 10-Year Lo...

There’s a little bit of good news out there for Canada’s increasingly stressed-out homebuyers: The pressure from rising mortgage rates is ramping d...

News

27 May 2019

Homeowners reveal the home features they regret most — and what they wis...

Five years ago, homeowners would thumb their noses at the mere mention of vinyl flooring. Often associated with cheap rental units or our grandpare...

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27 May 2019

Montreal is the best market in Canada to sell a home right now!

A big bank’s new ranking of Canadian cities suggests Montreal is the top seller’s market in the country, although that could soon change.“Montreal ...

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27 May 2019

Real estate photos are distorting reality, frustrating would-be home buy...

Wide-angle lenses, photoshop and virtual staging: Real estate photo enhancement is reaching new heights as desperate sellers look to sell imperfect...

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27 May 2019

Bronfman, Devimco working together to buy Peel Basin land!

Negotiations ongoing with federal government, which owns the 950,000-square-foot plot.Stephen Bronfman's investment company, Claridge, and developm...

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26 May 2019

Controversy over Dorval housing project continues!

The future of a sprawling piece of premium green space property in Dorval rests with the Quebec Environment Department.Officials have to decide whe...

News

17 May 2019

HSBC announces 10yr fixed mortgage rate at 3.24%!

It's rarely a better deal to lock-in to a 10yr rate vs a 5yr rate, but these days history is being re-written. HSBC is offering it's 10yr fixed mor...

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14 May 2019

What's the mortgage stress test?

The federal government’s stricter new borrowing guidelines affect you if you plan to apply for a mortgage, and even if you already have one.By now ...

News

10 May 2019

Huge condo development coming to Fairview!

A mixed-use project will be going up around the Fairview shopping centre. The project will include a mix of condos, stacked townhomes, townhomes, h...

News

10 May 2019

HELOC: friend or foe?

More and more Canadians are using a HELOC as a way to finance home renovations and as a cushion between jobs. But, the Bank of Canada wants to keep...

News

10 May 2019

Go Montreal woot woot!

Montreal is in its 50th month of real estate growth and there's no stopping us. A great economy, consumer optimism and a long overdue correction ha...

News

10 May 2019

The Bixi's are coming!

The Bixi program that has been a popular success in Montreal has been given the green light to expand into Lachine, Anjou, Saint-Laurent, Montreal ...

News

09 May 2019

Montreal's highest residential building now under construction!

The construction of Montreal’s tallest residential tower is finally underway, developer and builder Broccolini announced in the structure’s ground-...

News

09 May 2019

Some out-of-the-box home features that drive value!

These features will make your home more likely to sell over asking!There are myriad reasons why homes sell over asking — a hot seller’s market, und...

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08 May 2019

Why more single women are jumping into homeownership solo!

s the future of Canadian homeownership female? Statistics from the US show that single women are purchasing homes in record numbers — and they don’...

News

07 May 2019

Plante fumes as Quebec considers possible expansion of REM!

Monday’s announcement that the Quebec government is looking at extending the coming Réseau express métropolitain light rail system northward into L...

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07 May 2019

Plante says Montreal will ban oil furnaces by 2030!

The city wants to work with Quebec to expand a provincial program that subsidizes homeowners who replace fossil-fuelled systems. If you live in Mon...

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06 May 2019

Montreal real estate: Royalmount to launch its own public consultation!

The process aims to seek input from stakeholders and citizens on how to address the impact of the megaproject on the surrounding area. It’s been ca...

News

03 May 2019

Montreal continued to beat sales records in April!

Montreal’s real estate market remained on fire in April with residential home sales increasing 11 per cent from a year ago.Quebec’s real estate bro...

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03 May 2019

Buyer beware: Montreal floodmaps are out of date!

Montreal and surrounding municipalities have new flood maps but won't make them public. Updated maps show flood risk along the Mille Îles, Des Pra...

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03 May 2019

Keeping Mount Royal open for cars!

Retain car access on Mount Royal, Montreal consultation bureau says. Report recommends "a recreational road that people would use because it is a p...

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03 May 2019

Montreal is the Airbnb capital of Canada!

Despite a provincial law intended to limit and control online short-term housing rentals, Airbnb is thriving in Quebec. Of the 10 neighbourhoods w...

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01 May 2019

The battle of the Pioneer continues in Pointe-Claire!

It’s last call for the Pioneer, and citizens groups in Pointe-Claire are making a final push to convince the city to halt the demolition of the lan...

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01 May 2019

Micro-units are becoming more popular in Montreal!

Montreal real estate: Going big (and small) with megaprojects and microunits!While the towers in Montreal largest projects may be big, the size of ...

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30 Apr 2019

Immigration will continue to drive the real estate economy!

For the foreseeable future, immigration will continue stoking the need for housing in Canada’s largest cities, according to RBC Economic Research.T...

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25 Apr 2019

Bank of Canada keeps interest rate FLAT!

Canadian interest rates are almost certainly on hold until at least sometime next year.The Bank of Canada published a revised outlook on Wednesday ...

News

24 Apr 2019

What CMHC insurance is, and is not!

As anyone buying property for the first time can attest, the learning curve is steep when you’re a real estate novice. You’re essentially hopping o...

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23 Apr 2019

Montreal budget surplus thanks to HOT real estate market!

Montreal’s real estate boom has led to the city recording another budget surplus in 2018. Montreal recorded a surplus every year since 2014, accord...

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17 Apr 2019

Immigrants are building their wealth!

Immigrant families who have been in Canada for more than two decades tend to be worth more than families who were born in the country, new data fro...

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16 Apr 2019

The Quebec real estate market bucks the national trend...again!

While home sales in Canada’s two largest markets continue to lag their year-ago levels, Quebec is gathering strength.The province saw 23,667 sales ...

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12 Apr 2019

Mortgages 101 - a MUST READ!

What’s the Difference Between Insured, Insurable and Uninsured Mortgages? Interested in a rock-bottom rate you see online? You better understand i...

News

11 Apr 2019

All brokers are not created equal - don't settle for anything less!

Selling or buying a home is a crazy stressful process. It can be quick and painless or long and labored. It involves feeling every emotion you’ve e...

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11 Apr 2019

Where are interest rates going?

Up, down or sideways: What’s next for Canadian interest rates?The Canadian economy is measured by the value of all goods and services produced and ...

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10 Apr 2019

Montreal real estate is on a 49-month winning streak!

Metro Montreal’s housing market has strung together an impressive streak: Home sales have increased for 49 straight months.And in March, it didn’t ...

News

09 Apr 2019

A few things to cover before you list this spring!

The snow is melting away, and it seems everyone’s thoughts are turning to spring. It’s the time of year when homeowners pore over seed catalogues a...

News

08 Apr 2019

2-storey homes and condos are gaining in Montreal!

The Greater Montreal Area is seeing a growing portion of its home sales activity involve two-storey homes and condominium units, attesting to the i...

News

04 Apr 2019

Do you know WHY you're getting a refund?

Canadians love their tax refunds, but it's blinding them to better tax planning: CIBC pollA new survey by CIBC found that 63 per cent of participan...

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03 Apr 2019

RRSP first time home buyers' plan limit increased to $35K!

For years, the Home Buyers’ Plan was the only game in town for the many Canadians who dreamed of saving enough money for a down payment towards a f...

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03 Apr 2019

Point-St-Charles residents want their say!

A Pointe-St-Charles community group is expressing concerns about the real-estate boom in neighbouring Griffintown, where condo towers are under con...

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02 Apr 2019

Pointe-Claire townhouse project voted down!

Pointe-Claire residents erupted in applause and cheers as they heard the council of Pointe-Claire vote against the controversial townhouse project ...

News

29 Mar 2019

How to choose the right mortgage for you!

I used to think I had a pretty good understanding of mortgages — you contribute a downpayment (a minimum of five percent of the property value if ...

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28 Mar 2019

Shoeboxes are now a protected species in Rosemont!

Shoebox homes are safe in Rosemont–La-Petite-Patrie.The borough has enacted a bylaw to protect its 561 single-storey houses.“From now on, all shoeb...

News

28 Mar 2019

Here's why we think fixed mortgage rates will continue to drop!

Experts see signs that mortgage interest rates in Canada may continue dropping this year.In a note sent to clients this morning, BMO Senior Economi...

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26 Mar 2019

Prével plans mixed-use development at vacant Montreal site!

Prével hopes to announce its project plans by the end of the year for one of the largest sites still available for development in Montreal’s downto...

News

25 Mar 2019

Canadian mortgage rates are falling as bond yields slide lower!

What's bad news for some is good news for others, and Canadian mortgage-holders are the unexpected beneficiaries of some of the gloom that's hoveri...

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22 Mar 2019

A little more money in our pockets!

Older workers, homeowners and parents with higher incomes will see the biggest tax benefits from the Coalition Avenir Québec government’s first bud...

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22 Mar 2019

Fixed mortgage rates are going down!

Fixed mortgage rates, which are falling like rocks because they’re following Canadian bond yields, just hit a one-and-a-half-year low.The net effe...

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21 Mar 2019

What you need to know about putting hardwood floors in your kitchen!

From food spills to dropped dishes, kitchens are notoriously tough on floors. Though tile has long been the traditional flooring material for our k...

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21 Mar 2019

Pointe Claire gives the green light for a new condo development!

The city of Pointe Claire has approved a plan to build a condominium project on the site of the former Pioneer bar.The demolition committee has app...

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20 Mar 2019

Buying a home? CMHC could soon kick in 10% of the cost — for a price!

The government is earmarking $1.25B over 3 years for something it's calling a 'shared equity mortgage'The 2019 federal budget includes a tantalizin...

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16 Mar 2019

West Island REM project is cutting parking spots!

West Islanders expecting to take the REM to get to the airport or downtown should also expect to ride the bus to the station, since only a fraction...

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16 Mar 2019

Montreal growth considerably outstripping other leading markets!

Montreal continues to surpass the once-blazing markets of Toronto and Vancouver in terms of home price growth, according to the Teranet–National Ba...

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16 Mar 2019

New development in the Village will support local community groups!

The developer of a $40-million condominium complex in Montreal’s Gay Village has established a non-profit organization as a way to affordably house...

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16 Mar 2019

Montreal Is Canada's Last Major Housing Market Seeing Price Growth

Canada's urban housing markets are deflating under the weight of higher interest rates and a mortgage stress test, with just two major metro areas ...

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