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Robert Taylor & Rhea Dichter

This blog contains all kinds of helpful resources on real estate in Montreal and the West Island of Montreal Qubec, and interesting articles regarding the local Montreal market as well as on local attractions.

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New rules for rental properties could squeeze first-time homebuyers
Sat Apr 3, 11:17 AM Derek Scott, The Canadian Press By Derek Scott, The Canadian Press VANCOUVER, B.C. - Buying a house in the hot housing markets of Vancouver, Toronto and other major cities in recent years has been a possible dream for some first-time Read More...

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Cancelling of home retrofit program draws fire
Conservatives suspend energy rebates a year early because they're too popular The government's decision to suspend a federal program that offered homeowners financial incentives to make their houses more energy efficient has drawn fire from the Read More...

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Cost of owning a home up slightly in late 2009: RBC Economics
By The Canadian Press TORONTO - A new report says the cost of owning a home in Canada increased slightly across all housing segments in the closing months of 2009. RBC Economics says rising prices made it more expensive to own a home, but that was partly Read More...

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The Québec Province Real Estate Market Ended the Year on a High Note
Île-des-Soeurs, January 19, 2010 –Québec’s provincial real estate market performed well in 2009, with sales increasing by 3 per cent over 2008 for a total of 79,185 MLS ® sales transactions, according to the Québec Read More...

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October home sales improve 41.5 per cent year over year, marking monthly record
OTTAWA - Canadian home resales improved 41.5 per cent year over year to 42,288 units in October, a record for the month, according to the Canadian Real Estate Association . The national average price for homes listed on the Multiple Listing Service also Read More...

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Second Consecutive Sales Increase in June
Île-des-Sœurs, July 7, 2009 MLS ® sales in the Montréal Metropolitan Area increased by 14 per cent in June 2009 compared to June 2008, the second consecutive monthly increase, reported the Greater Montréal Real Estate Board. Read More...

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Federal Budget 2009: First-Time Home Buyers’ Tax Credit
Budget 2009 proposes to introduce a new non-refundable tax credit based on an amount of $5,000 for first-time home buyers who acquire a qualifying home after January 27, 2009 (i.e. the closing is after that date). The credit for a taxation year will be Read More...

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Budget 2009: Support for Home Ownership and the Housing Sector
The recent budget has some great incentives to help stimulate the housing sector! These apply to both 1st time purchasers as well as available grants for renovations. We are attaching the highlights as posted from the Canadian Government website so that Read More...

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Canada's Most Expensive Homes
by Lauren Kerensky Wednesday, January 31, 2007provided by Brokers in the Great White North are seeing an awful lot of green these days, and we're not talking about what's hidden under melting snow. Though the country is a latecomer to the multimillion-dollar Read More...

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Montreal market tilts toward buyers in some neighbourhoods
Home sales drop 29 per cent in December. Tough economy means more houses up for resale and sellers no longer have advantage in bargaining By SHEILA MCGOVERN, The Gazette January 14, 2009 Despite declines, Montreal's housing market has escaped the Read More...

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Housing starts topple to annual rate of 172,000 as 'excess demand' eases: CMHC
By The Canadian Press OTTAWA - Canadian housing starts fell to 172,000 at a seasonally adjusted annual rate last month, down from 211,800 in October, Canada Mortgage and Housing Corp. reported Monday. The rate of urban starts decreased 21.6 per cent month-over-month Read More...

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Risk of U.S.-style housing meltdown remote in Canada: RBC Economics
BY: The Canadian Press TORONTO - Canada's housing sector is entering what RBC Economics calls a "cyclical downtown," but says the risk of a U.S.-style meltdown is remote. RBC senior economist Robert Hogue says many factors that triggered Read More...

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CMHC Releases Comprehensive Report on Housing in Canada
OTTAWA, November 13, 2008 — New analysis that tracked how long Canadians living in core housing need* remained in this situation over a three-year period is unveiled in the 2008 Canadian Housing Observer, released today by Canada Mortgage and Housing Read More...

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