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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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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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December existing home sales rise 72 per cent from a year earlier
By Sunny Freeman, The Canadian Press TORONTO - The Canadian Real Estate Association says last year ended with the best December and best fourth quarter on record in terms of home resales, while prices also rose sharply from their year-earlier levels. 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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Bank of Canada, in shift, sees recession ending now
OTTAWA (Reuters) - Canada's economy will pull out of its worst recession since the early 1990s this quarter, the Bank of Canada said on Thursday, and the world economy has likely averted a worst-case scenario and is bottoming out. "With the economy 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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Canadian existing home sales, prices jump in June
OTTAWA (Reuters) - Sales of existing homes in Canada jumped 31.5 percent in the second quarter from the first and saw their first year-over-year quarterly increase since before the peak of the financial crisis, the Canadian Real Estate Association said Read More...

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Are housing prices up or down?
Indexes vary Alia McMullen Financial Post CREDIT: Justin Sullivan, Getty Images CREDIT: Teranet, Andrew Barr, National Post CREDIT: The Canadian Real Estate Association, Andrew Barr, National Post The Canadian housing market is beginning to look like Read More...

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Sales Increase for the First Time in Seven Months!
Île-des-Sœurs, June 16, 2009 MLS ® sales in the Montréal Metropolitan Area increased by 8 per cent in May 2009 compared to May 2008, with single-family homes leading the way at 13 per cent, reported the Greater Montréal Real Read More...

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Federal Budget 2009: Home Renovation Tax Credit
To stimulate economic growth and encourage Canadians to invest in improvements to their homes, Budget 2009 proposes to introduce a temporary Home Renovation Tax Credit (HRTC). The HRTC will provide meaningful tax relief to help Canadian homeowners make Read More...

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Federal Budget 2009: Home Buyers’ Plan
The Home Buyers’ Plan (HBP) allows first-time home buyers to withdraw amounts from a Registered Retirement Savings Plan (RRSP) to purchase or build a home without having to pay tax on the withdrawal. Budget 2009 proposes to increase the HBP withdrawal 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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Despite a Drop in Sales, Montreal Prices Continue to Climb!
Île-des-Sœurs, February 11, 2009 – MLS ® real estate sales in the Montréal Metropolitan Area declined by 37 per cent in January 2009 compared to the same month last year while, at the same time, median prices of single-family Read More...

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Optimism seen for Canadian real estate
Published: Jan. 26, 2009 at 9:07 AM TORONTO, Jan. 26 (UPI) -- Political changes in Canada and the United States showed a rise in optimism among Canadians in the real estate market, a survey published Monday said. The Royal LePage Real Estate Services Read More...

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Housing market decline not over: Royal LePage
Derek Abma, HouseHunting Published: Tuesday, January 06, 2009 OTTAWA - View Large One of the country's leading real estate companies is projecting a further decline in Canada's resale real estate market in 2009. Photograph by : Joe Raedle, Getty Read More...

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Canada's housing market turned to favour buyers in '08; prices to decline in '09
Fri Dec 26, 1:54 PM By Brenda Bouw, The Canadian Press VANCOUVER, B.C. - Canada's housing market made skeptics proud and put eternal optimists to shame in 2008 as the favour turned quickly to buyers, after years of smug sellers having the upper hand. Read More...

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