Montreal Archives - Page 2 of 2 - Mortgage Rates & Mortgage Broker News in Canada

Montreal unveils 2025 budget with new spending for housing, homelessness

November 20, 2024 No Comments

The City of Montreal is promising to speed up construction permits, raise taxes on owners of vacant lots and spend tens of millions of dollars more to help develop affordable housing as part of its 2025 budget.

Montreal’s housing market hits record October sales

November 7, 2024 No Comments

October saw a dramatic upswing in Montreal’s housing market, with sales surging 44% year-over-year—the strongest October sales increase in over 20 years.

Montreal home sales, prices rise in August: real estate board

September 7, 2024 No Comments

The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales rose 9.3 per cent in August compared with the same month last year, with levels slightly higher than the historical average for this time of year.

Montreal home sales surge 12% in July, defying national trends

August 8, 2024 No Comments

Montreal defied the national trend of stagnant home sales, recording a 12% increase in sales in July.

Home sales in Canada’s largest cities picked up in June, but remain sluggish

July 8, 2024 No Comments

The Bank of Canada’s rate cut last month likely contributed to the uptick in resale activity, but experts caution that the market remains sluggish by historical standards.

Montreal home sales rise in June as prices continue to climb: real estate board

July 4, 2024 No Comments

The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales rose 6.4% in June compared with the same month last year.

Homelessness: Quebec, Ottawa announce $115 million for emergency housing in Montreal

June 21, 2024 No Comments

The federal and Quebec governments have announced nearly $60 million a year for the next two years to get unhoused Montrealers a roof over their heads.

Spring housing market stalls as homebuyers remain on the sidelines

June 9, 2024 No Comments

Canada’s typically busy spring housing market stalled as homebuyers largely chose to wait on the sidelines for confirmation of the Bank of Canada’s first rate cut.

A real estate sold sign is shown in a Toronto west end neighbourhood May 16, 2020. THE CANADIAN PRESS/Graeme Roy

Montreal home sales up 25% in April as expected rate cuts prompt recovery: board

May 8, 2024 No Comments

The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales surged 25.5 per cent in April compared with the same month last year, with levels returning to historical averages.

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