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 Bank of Canada (BoC) kept its key interest rate at 5% this week, a move widely expected by economists. This decision indicates the central bank's continued focus on taming inflation, despite some signs of economic slowdown. Underlying Inflation Remains…
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 part of a stricter environmental policy, Montreal is preparing to introduce new regulations concerning heating systems and kitchen appliances in new constructions. As of October 1, 2024, residential buildings not exceeding three floors and 600 square meters will be…
Quebec is in the grip of a growing housing crisis, and the latest data from the Canada Mortgage and Housing Corporation (CMHC) paints a bleak picture. Housing is becoming increasingly unaffordable and scarce, posing a serious challenge for both renters…
Bamboo is very popular throughout Quebec, especially as a flooring material. Its long-term durability and superior strength make it the par excellence alternative to hardwood flooring. But you can’t install and maintain it like you would ordinary wooden floors. Let’s…
Graphic art is taking the world of interior design by storm with its delicate motifs, notably in the guise of undulating silhouettes, well defined yet irregularly shaped colour blocks and contrasting lines. This is a very strong trend for 2021.…
