The Canadian government has decided to maintain the restriction preventing foreign individuals from acquiring residential properties within its territory until 2027, with the aim of addressing the housing affordability crisis affecting several cities across the country. Chrystia Freeland, the Minister…
In January 2024, the real estate market in Montreal and Quebec experienced a positive dynamic, marked by a significant increase in transactions and property prices. In the greater Montreal area, real estate transactions saw an 18% increase, with 2,077 properties…
For Canadian homeowners, navigating the landscape of insurance rates has become increasingly important, especially following the trends we observed in 2023. Last year, auto insurance rates saw a significant uptick, rising by 10% compared to 2022. Home insurance rates were…
The average home selling price reached $586,681 in December 2023, marking a yearly increase of 6.9%. However, home sales in Montreal decreased by 6.1% compared to the previous year, while active listings increased by 19% compared to last December. The…
As we step into a new year, it's time to explore the exciting world of interior design trends for 2024! This year, we're all about embracing eco-friendly and local Quebec-inspired design ideas that not only elevate your space but also…
OTTAWA - On Wednesday, the Bank of Canada maintained its key interest rate at five percent and indicated that discussions have begun regarding the possibility of rate cuts. Governor Tiff Macklem mentioned in his prepared remarks, 'With overall demand in…
Do you aspire to own a property in Montreal? A grant program is available to help you achieve this goal. You could receive financial assistance for purchasing an apartment, a house, or a residential building. To benefit from this program,…
The rent increase in Rosemont has become a growing issue for both renters and landlords in recent years. Rosemont is a vibrant neighborhood with attractions that make it highly desirable. The area is home to landmarks like Maisonneuve Park, perfect…
Quebec's real estate landscape is evolving, especially with new laws like Article 31 of Bill 31 impacting lease transfers. This change is crucial for anyone involved in multifamily properties, like apartment buildings. The new rules make it harder for tenants…
In 2024, the real estate scene in Greater Montreal is set to follow a familiar pattern, with a slight uptick in prices for homes and condos. However, the overall number of home sales is expected to decrease for the fourth…
