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Top Stories This Week – September 7, 2018

This week: Canada Pledges That All New Buildings Will Operate At Net Zero Carbon By 2030, Bank Of Canada Holds Overnight Rate At 1.5 Percent, Hikes To Follow, A Mortgage Interest Rate Update....

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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:

Canada Pledges That All New Buildings Will Operate At Net Zero Carbon By 2030

Mayors from Montreal, Toronto and Vancouver met last week to discuss green technology’s role in reducing carbon emissions. In an urban context buildings account for over half of all emissions, followed closely by traffic pollutants and energy production.

Read the rest.

Bank Of Canada Holds Overnight Rate At 1.5 Percent, Hikes To Follow

Real Estate Market Profile: Rosemont

Montreal’s Rosemont borough is popular among families, students and professionals alike, due to its varied housing types and strong sense of community. According to the latest FCIQ Real Estate barometer and Centris statistics, it also performed notably well in the first half of 2018. Market conditions favoured sellers at all condominium price points, indicating a hot market with strong appreciation rates across all property types.

Read the rest.

Mortgage Interest Rate Update: Montreal, September 2018

When buying a home, it’s recommended to shop around for interest rates and mortgage terms at different banks, since the interest rate paid on your mortgage will substantially affect your overall cost of homeownership.

Below you will find a list of posted fixed and variable mortgage rates, updated on September 1, 2018.

Read the rest.


This article, Top Stories This Week – September 7, 2018, appeared first on Shupilov News.

 

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