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Although the COVID-19 pandemic has affected the global economy since its outbreak during the first few months in 2020, this does not stop the opening of a 14-storey building to the public. The Griffintown Hotel, which is a walking distance to the Lachine Canal, opens its doors for business amidst the 10 percent occupancy rates… Continue reading Griffintown Hotel Opens for Business despite the Pandemic

The Irish community is wondering why one of the 25 light-rail network stations in Griffintown has no official name. The Réseau express métropolitain (REM) announced on Thursday that the final name and exact location of the Peel Basin, situated in Griffintown will be announced after a period of time in cooperation with the Montreal local… Continue reading One of 25 Light Rail Network Stations in Griffintown Remains Nameless

New building measures are currently undertaken in Montreal to help property owners renovate their rental housing. Montreal Mayor Valérie Plante issued a statement during a press conference at city hall on Monday. Plante told local media that through her administration’s new measures, owners of low-rise apartment buildings are qualified for subsidies for up to $14,000… Continue reading Local Government in Montreal Supports Rental Housing Renovation

In Montreal, there are seven beautiful and sprawling houses that are up for sale. If you choose to live in one of these lavish homes, physical distancing is fully implemented with its large living rooms, bedrooms and kitchens that are designed to feast the eyes on. Take a look at the Montreal real estate listings… Continue reading Social Distancing Made Easy with Picture-Perfect Mansions for Sale Near Montreal

The impact of the coronavirus pandemic (COVID-19) is felt in the residential real estate market in Montreal. In a press release issued by the Quebec Professional Association of Real Estate Brokers (QPAREB), it revealed the latest market statistics for the Montreal Census Metropolitan Area (CMA), which was based on the Centris provincial database for real… Continue reading COVID-19 Pandemic Jolts Residential Real Estate Market in Montreal

Royal LePage revealed in a news report that despite the strong presence in the real estate industry in Montreal during the first few quarters of 2020, it has a bearish forecast of the biggest price decrease in home prices in 50 years. This could happen in the later part of 2020 if the economic condition… Continue reading Biggest Price Drop of Montreal Homes Could Happen in the Last Quarter of 2020

Royal LePage issued its annual market forecast, stating that prices of luxury condos soar high in Toronto, Montreal and Ottawa. Luxury homes are those properties that are priced at least $1.32 million. Move up buyers in high demand areas in Toronto are scared of not finding the best property listing if they dispose their property… Continue reading Prices of Luxury Homes are on the Upswing in Three Canadian Cities

Market experts see the bright side of things during the COVID-19 lockdown. Though it may seem scary to imagine its economic impact, ANAROCK, India’s leading specialized real estate services company, revealed that the lockdown can be a beneficial time for home buyers.  They can take an unparalleled edge for great deal negotiations on ready-for-occupancy properties… Continue reading COVID-19 Lockdown has Positive Effect on Home Buyers

Despite the pandemic brought by COVID-19, real estate professionals are convinced that year 2020 offers a bright prospect for property prices in the beautiful island of Montreal. Without any doubt, these experts are confident that the prices of real estate could soar to an average of 5.5 % this year to an estimated median amount… Continue reading Bullish Forecast for Montreal Luxury Housing Prices

There was a slump in luxury homes prices in Western Canada, while it soared high in Eastern Canada’s main cities in 2019. According to real estate agency Royal LePage that this scenario mirrored the disparities in real estate markets in the different regions in Canada. In Greater Montreal, there was a limited supply of properties… Continue reading Prices of Luxury Homes Soars High in Eastern Canada