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It's time to be more introspective. Building with density rather than building detached homes is a reduction in quality of life and will not create the ease of moving forward with a life for families. In one of my correspondences demographics is a factor that no one seems to pay attention to. Putting the family back in the forefront is part of the ...
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Clearly, rising interest rates are the cause of inflation and inflation is a cover for recession. Creating inflation is a reduction in purchasing power and a sign that money value is losing its power since there is nothing to back it up. Add taxes on products and the spiral goes on and on. So it is wrong to say that the real estate market is the ca...
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The Federal Reserve is considering another interest rate hike. Is it possible to draw a parallel with the debt ceiling? Treasury Secretary Janet Yellen did not seem positive yesterday during an interview about the June 1, 2023 deadline for refusing to raise the debt ceiling. The Federal Reserve on the other hand cannot print without the consent of ...
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Toronto According to Sotheby's International Realty Canada's Top-Tier Real Estate: Spring 2023 State of Luxury Report, a shortage of luxury housing supply in the City of Toronto deflated the aspirations of potential home purchasers, and depressed total luxury sales volume across the Greater Toronto Area in the first quarter of 2023. As a res...
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Toronto Selon le rapport de Sotheby's International Realty Canada intitulé Rapport sur l'immobilier résidentiel Spring 2023 State of Luxury Report sur les prévisions liées au marché immobilier de premier rang, une pénurie de résidences de luxe dans la ville de Toronto a découragé les espoirs des acheteurs éventuels, et fait en sorte de réduire le v...
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Le marché immobilier et sa situation en début d'année. Le marché canadien de l'immobilier de luxe a vu ses ventes stagner au premier trimestre de 2023, alors qu'une pénurie d'offre résidentielle dans tous les segments du marché a obligé les vendeurs et les acheteurs à reporter les transactions au deuxième trimestre. Les principales régions métropol...
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About legal tender Find out what "legal tender" means, why legal tender status changes, and how to redeem older bank notes. What "legal tender" means Bank notes issued by the Bank of Canada, together with coins issued by the Royal Canadian Mint, are what is known as "legal tender." That's a technical term meaning the Government of Canada has deemed...
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Confidence in the performance of real estate over the next 10 years is high across all major metropolitan areas, with 6 in 10 (60%) of urban Canadians between the ages of 18–77 years across the Baby Boomer, Generation X, Millennial and Generation Z adult demographics believing that a home or residential real estate purchase will perform the same or...
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According to the financial markets the key rate will lower the rates twice for 2023. While the Central Bank anticipates a rate hike. According to the article in the business journal this all sounds positive, but will it be as positive as it should be? The real estate market is still at the price of 2022 and sellers are still on the effect of the re...
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The post-real estate bubble. Although we can assume that the bubble has ended in September 2022, the real estate market in some areas remains favorable for sellers. However, sellers will have to adjust to the reality of the market. Looking ahead, I don't think we will see this type of situation any time soon, as the demographics of an almost non-ex...
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REAL ESTATE MARCH 2023 WHERE DO WE STAND? All eyes will be on the U.S. Federal Reserve tomorrow when it decides whether to keep rates unchanged due to the banking crisis or to raise the overnight rate by 25 basis points. This morning, Statistics Canada released the Consumer Price Index (CPI) for February. Headline inflation fell more than expected ...
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First of all, before starting to talk about 2019, let's summarize if you want 2018. According to 2018 statistics compared to the previous year, the Ville-Marie borough saw increases in terms of units sold. It was the same for the median selling price, which also appreciated this year (2018). Many of my transactions involved buyers from outside Queb...
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Old Montreal is a small town in a big city. Since the early 90's, left behind with this old building, two real estate projects have reconnected with the history of heritage and its unique architecture in North America. The large-scale project at 1 McGill Street was the trigger for revitalizing this architectural gem. Building that at the time was...
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In recent years, Place d'Youville was the theatre of major archeological digs. Located between Saint-Pierre and McGill streets, in front of the first fire station, which today houses the Centre d'histoire de Montréal, Place d'Youville constitutes the inaugural site of Ville-Marie. Fort Ville-Marie was built there at first, and Château de Callière a...
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