Living in Laval – La vie à Laval

Accuracy in pricing homes is one of the bigger challenges in a real estate market in flux- it’s best to compare apples to apples than skew the results by comparing them to grapes. This is the latest report on the price of homes that we get via newsletter, courtesy of the Teranet-National Bank. If you [...]

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Île-des-Sœurs, June 16, 2009 MLS® sales in the Montréal Metropolitan Area increased by 8 per cent in May 2009 compared to May 2008, with single-family homes leading the way at 13 per cent, reported the Greater Montréal Real Estate Board. Property prices also continued their upward trend, as the median price of a single-family home [...]

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Source: CIGM Sur le plan géographique, l’île de Montréal a enregistré une baisse des ventes de 11 % en mars 2009 par rapport au même mois en 2008. Sur la Rive-Sud, le nombre de transactions a diminué de 14 %, alors qu’il a reculé de 4 % à Laval, de 11 % sur la Rive-Nord et de 27 % dans [...]

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We can’t say it hadn’t crossed our minds, either. Everyone is trying to figure out a way to take advantage of today’s historically low mortgage rates, and those with fixed mortgages are wondering if it’s worth taking a penalty hit. There is an interesting take on this on ctv.ca, which you can view by clicking [...]

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Aren’t we all feeling like we belong in those down-with-winter Expedia.ca ads? Here’s some news to cheer us up a little. Newly reported figures for 2009 sales from the Greater Montreal Real Estate Board: Average prices of single family homes in Laval went up by 2% over last year for single family homes, and by [...]

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The City of Montreal has recently launched its offensive against the suburbs of Greater Montreal, partnering with various condo developers and other real estate industry types to promote the charms of living in Montreal, and debunk myths that living in the city is infinitely less convenient. Since we (mostly) work, live and play in Laval [...]

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Perfect time to renovate your home! With the Scotia Total Equity® Plan (STEP®), you could use the equity in your home to lower the cost of borrowing to finance your home renovations, refinance your home, or enjoy a low-rate line of credit. The Scotia STEP can give you more control over your borrowing, and can [...]

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Note pour nos lecteurs francophones: Il y a un très bon résumé du budget et son effet sur les personnes qui achètent, vendent et rénovent leurs propriétés par l’autrice du Blogue du Collège immobilierdu Québec. Cliquez ici pour lire ce billet.  Let’s just get one thing out of the way first- we know people were [...]

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This video is courtesy of the GMREB, featuring Michel Beausejour.According to a recent survey conducted on behalf of the Greater Montreal Real Estate Board, on buying and selling intentions, 5% of households in the Montreal Metro Area are considering buying a property in 2009- similar to 2008. The ever-optimistic real estate board also has found [...]

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Any fluctuation in the real estate market is generally believed to follow the fluctuation of job creation and security. As Michel Beauséjour, CEO of the Greater Montreal Real Estate board has put it: “Obviously Montreal is not immune from the economic uncertainties facing consumers today. There are three variables that affect the real estate market [...]

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