This news section compiles notes on the trends of the real estate market in Montreal.
Construction on the Griffintown project is delayed until at least 2010, La Presse has reported.
Continue reading: » Griffintown Project Delays
Several sources indicate that the city's vacancy rate went up after July, traditionally the most popular moving time. Daniel Gill, a professor of urbanism at Université de Montréal now puts it at 3%...
Continue reading: » Rental Vacancy Rate Reaches 3%
The Quebec rental board has issued its recommended rent increases for 2008. For most apartment buildings, the increases will fall in the 0.5%-1.5% range.
Continue reading: » 2008 Recommended Rent Increases Announced
For all the talk of the imminent cooling, Montreal's real estate market continues unabated. At least its resale (secondary) component does. The average price of a condo changing hands on the island is now $234,000...
Continue reading: » Real Estate Resale Market Alive and Kicking
Market expands 11%; Average condo price on Montréal island reaches $226,000 (up 3%)...
Continue reading: » Market Expands; Average Condo $226,000