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Top Stories This Week – August 10, 2018

This week: Centris® Residential Sales Statistics: July 2018, Best Quebec Cities For Families, and more...

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We know how easy it is for news to pass you by in the week, so we’ve put together a round-up of Montreal’s most important real estate stories from the past few days – and where to read more about them:

Centris® Residential Sales Statistics: July 2018

The Greater Montréal Real Estate Board (GMREB) recently released its latest real estate market statistics for Montreal’s Census Metropolitan Area. In total, 3,201 property transactions were concluded last month, which is 1% higher than July last year, and an 8 year record for the month of July.

Read the rest.

Best Quebec Cities For Families: 2018

Moneysense’s latest compilation of best places in Canada for families ranks Quebec at the top of the list.

The province’s subsidized childcare system is 10 times more affordable than that in Toronto. Furthermore, daycare spaces are much easier to come by, allowing Quebec parents to bypass the long waiting lines that are standard in many Canadian cities.

Read the rest.

How to Sell Your Home in a Seller’s Market

In the past year, Montreal has rapidly shifted from a buyer’s market to a seller’s market. With more buyers competing for fewer homes, homeowners are more likely to see high appreciation rates, bidding wars, and offers over the asking price. Generally speaking, homes sell much faster when market conditions favour sellers.

Read the rest.

How Much Have New House Prices Risen This Year in Montreal? June 2018

According to Statistics Canada’s New Housing Price Index, new house prices in Montreal have risen faster this month than in any other Canadian metropolitan area. The New Housing Price Index tracks changes in the price of new construction single-family houses, townhouses and other residential properties. It has crept up by 1% between May and June, after four months of stagnation.

This article, Top Stories This Week – August 10, 2018, appeared first on Shupilov News.


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