Average apartment rents in the Montreal region could rise by 27% over the next three years. A potential drop in interest rates and a slow recovery in construction in 2024 will not be enough to curb this increase, whether for…
Downsizing for retirement is a smart way to simplify your life and enhance your golden years. Imagine less house to clean, fewer bills to pay, and more money in your pocket from selling your larger home. This move offers significant…
Applying for a building or renovation permit can take from 24 hours to six months, depending on the nature and complexity of the work. Times also vary according to the municipality and the preparation of your file. It's crucial to…
Investing your RRSPs in an income property may sound tempting, but before diving in, it's crucial to weigh up the pros and cons. First of all, it's important to note that RRSPs cannot directly hold an income property. Instead, this…
Just bought a new home or signed a lease? Follow this essential checklist for a stress-free move! 90 Days Before the Move: Set the Date: Lock in your moving day and book movers or recruit friends to help. Plan the…
Buying a home in need of renovation may seem daunting, but it's an excellent opportunity to create the space of your dreams. The purchase-renovation mortgage offers a flexible solution for financing both the purchase of your home and the necessary…
Preventing and Managing Flood and Water Damage: Caution is Key Annually, many residents in Quebec face the destructive force of nature during spring. The melting snow leads to flooding and water seepage, potentially causing significant damage to properties. To safeguard…
Canada to allow 30-year amortization for first-time buyers' mortgages on new homes. The federal government has announced a pivotal update set to take effect on August 1st, permitting 30-year amortization periods on insured mortgages exclusively for first-time homebuyers purchasing newly…
In a steadfast move, the Bank of Canada has once again maintained its key interest rate at 5%, marking the sixth consecutive hold since July. This decision underscores the bank's cautious optimism, as it awaits more definitive signs of sustained…
The Montreal real estate market is poised for a dynamic spring. The first quarter of 2024 revealed a market full of vitality, predicting a prosperous real estate season. The stabilization of interest rates by the Bank of Canada was a…
