Real estate market news June 16th 2017
Condo Activity Boosts Residential Market In Montreal | HiBusiness
According to the Greater Montreal Real Estate Board, the performance of Montreal’s immense condo market has resulted to a record number of homes being sold during the previous month in that area. In the month of May, 5,057 residential properties were sold, which was up year-over-year by 15 per cent and a new record for that month. The increase came about in the middle of concerns of a spill over effect in Toronto’s foreign buyer’ tax on the second-largest city in Canada as reported by the Canadian Press. Observers in Real Estate market have given their opinion on whether
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Home prices could fall up to 40 per cent: economist
The Toronto and Vancouver housing markets are on the brink of a 'severe downturn' that could hurt the country's GDP and drag home prices down by up to 40 per cent, a Capital Economics economist says.
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New Montreal website lists prices of rental units, draws ire of landlords | CBC News
A new website called myrent.quebec has only been up and running for a few weeks but it’s already stirring up controversy in the real estate market.
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