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Found 5 results

  1. November 14, 2008 by Deyanira Bautista Filed under Montreal Market Report According to the Greater Montréal Real Estate Board’s MLS® system, there were 36,955 transactions from last year until now. 4% less sales compared to last year. In terms of property prices in the Metropolitan Area of Montréal, the median prices of single-family homes and plexes increased by 6% compared to the same period last year, condominium prices increased by 3%. Compared to the first 10 months of 2007, condo sales grew by 5% in the Montréal Metropolitan Area. On the other hand, sales of single-family homes decreased by 7%, and plex sales decreased by 5%. “The median price of a single-family home grew last month by 4 per cent, increasing from $220,000 in October 2007 to $228,000 in October 2008. The plex market retained a stable median price at $329,250, while that of condominiums fell slightly by 1 per cent. This decrease can be explained by the minor decline in median prices of condominiums on the Island of Montréal, the largest condominium market. October’s resale market continues to favour sellers, despite a 9 per cent increase in the number of active listings in the MLS® system.” Source: Montreal Real Estate Board http://montrealrealestateblog.com/
  2. Resale housing market drops 2% in Montreal The Gazette; Reuters Published: 4 hours ago Montreal's resale housing market declined two per cent in 2008, the Greater Montreal Real Estate Board said yesterday. For the first nine months of the year, 8,463 properties changed hands in the Montreal region. Property listings increased 12 per cent compared with the same period a year ago. The average selling price increase was five per cent this past quarter, vs. four per cent in the second quarter and six per cent in the first quarter. "Despite the rise in listings observed over the last two quarters, the high demand is such that the resale market remains favourable to sellers," Michel Beausejour, the board's CEO, said
  3. http://www.theglobeandmail.com/report-on-business/listings-website-pries-open-property-data-vault/article2213616/ Not sure how many people will approve of this, but it be interesting to see what the average price for homes go for in the area and what not. Zoocasa
  4. Obama's favourite burger place has opened in Montreal. I just wish them the best of luck. Seeing Johnny Rockets failed back in the 90s. Krispy Kreme donuts died only within a few years of entering the market in Montreal. Same goes with Red Lobster. (Courtesy of The Montreal Gazette) I just wonder why they opened up on McGill and Saint Maurice (Old Montreal). Of all places. Why not more in the city? Plus right across the street, there is a British-type Fish and Chips restaurant opening up.