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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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Five things to watch for in the Canadian business world in the coming week

TORONTO – Five things to watch for in the Canadian business world in the coming week: Welcome, Texas: The mayors of Dallas and Fort Worth, Texas, will be in Toronto and Montreal throughout the week to promote trade, tourism and other business opportunities. They have numerous meetings planned, including one with Ontario Premier Kathleen Wynne, […]

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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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