June 2020

Behrooz Davani, Top 10 Montreal Real Estate Agents of 2019 Announced by Rate-My-Agent.com (Montreal, QC, January 25th, 2020)

  The top Montreal real estate agents for 2019 have been announced by Rate-My-Agent.com. The review site compiled and published a list of top 10 Montreal agents based on ratings and reviews received during the past year. Behrooz Davani has been selected by consumers as the best real estate agent in Montreal for a second year in a row. Unlike other agent ranking sites, agents can’t pay...

First-Time Homebuyer? These Rebates, Credits Can Save You Money

Canadians can save thousands of dollars with government programs. Purchasing a house in Canada is tricky at the best of times, but getting into the property market for the first time is especially tough. To help with some of the costs of buying your initial home, there exists a range of programs for eligible first-time homebuyers. It’s a good idea to learn about these programs to avoid leaving money...

Montreal’s residential real estate market shrank in May, but prices did not!

Montreal’s residential real estate market shrank for a second straight month in May, though prices continued to climb despite the health-related lockdown. Residential property sales in the Montreal Census Metropolitan Area tumbled 41 per cent last month, with 3,286 transactions recorded, according to data released Friday by the Quebec Professional Association of Real Estate Brokers. Prices for...

Developers still upbeat on Montreal condo, apartment market!

The demand for new condos and rental housing has remained stable in Montreal despite the COVID-19 pandemic, but that picture could change if the unemployment rate remains high and immigration rates fall. Those were some of the conclusions from three of the city’s major residential developers at a June 12 webinar on real estate development and the residential market in Montreal. The event, presented by...

Home construction is proving more resilient to COVID-19 crisis than other sectors of the economy

  Canadian housing starts rose in May from the month before, signalling that home construction is one area of the economy that so far is escaping the COVID-19 pandemic with relatively little disruption, economists say. Housing starts rose to 193,500 annualized units in May, from 166,500 in April. Starts in Quebec were not included in April’s tally because the province shut down its...

Where to buy real estate : Montreal

  While rising prices may pose a challenge for some first-time buyers, this city’s real estate will see sustained growth. While the rest of Canada’s urban housing markets were deflating under the pressure of the mortgage stress test and portents of potentially higher interest rates, Montreal was one of two cities to report price growth in 2019. (The other city was Halifax.) In fact,...

Good news for Griffintown residents! Griffintown is getting an elementary school

MONTREAL - Griffintown is getting its first elementary school, the CSDM announced on Wednesday. In recent years, the neighbourhood has become an important business hub, home to several technology companies. Many of its residents live in modern condos. But the city has promised to make the neighbourhood more welcoming to families, to build parks, bike paths and now a school. The elementary school...

COVID-19 pandemic prompts urbanites to rethink ‘grand bargain’ of dense city living

MONTREAL — The densely populated slums of Montreal’s Griffintown were the subject of a famous 1897 study by businessman and philanthropist Herbert Ames, whose work on the disease-ridden tenements influenced generations of urban planners on how to develop healthy cities. Ames’s study, “The City Below the Hill,” is just one example, say academics in urban planning, of how the development of...

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