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Real estate market news June 30th 2017

Demand in Montreal Property Market has been Increasing | HiBusiness

While the once sizzling hot real estate markets in Toronto and Vancouver are hinting at cooling, Montreal is simply beginning. Home demand in Canada’s second-biggest city has warmed up enough to put Montreal-zone home prices on the spotlight again with a 6% rise this year, the greatest bounce since 2010, as indicated by the Quebec Federation of Real Estate Boards. That is up from a January gauge of only 1% development. Occupation creation, vigorous shopper certainty and new foreigners are filling demand. “We aren’t as insane as Vancouver and Toronto with regards to price increments,” said Eric Goodman, organization

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In Montreal, housing affordability depends on where and what you buy

Prices are rising — more in some areas than others. In parts of the West Island, it's possible to find a small house for under $400,000.

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