Real Estate News - Courtier Immobilier Montréal Yanick E Sarrazin

Key interest rate maintained at 2.75%: A favorable environment for the real estate market!

Courtier Immobilier Montreal — Wed, 16 Apr 2025 18:40:38 +0000

Montreal, April 16, 2025 – The Bank of Canada has decided to maintain its key rate at 2.75%. This stability is explained by economists’ desire to await developments in the ongoing trade war between Canada and the United States before making any adjustments.

Source : Bank of Canada

Maintaining this rate continues to have a positive impact on the Canadian economy. In particular, it encourages consumer spending, since lower interest rates reduce borrowing costs for financial institutions, which can then offer advantageous terms to their customers. This favorable environment could encourage more buyers to realize their real estate projects.

While this decision is particularly favorable for buyers, it also has advantages for sellers. Increased demand on the real estate market, supported by easier access to credit, increases the likelihood of selling quickly at a competitive price. In short, the improvement in household purchasing power could breathe new life into the real estate market as a whole.

To better understand the impact of the 2.75% key interest rate on your real estate projects, don’t hesitate to contact our real estate brokers in Montreal.

Sources

Bank of Canada. https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/?theme_mode=light&_gl=1*1v19lw8*_ga*MTQ5NjYzMjA2Ni4xNzQ0ODEzNzU2*_ga_D0WRRH3RZH*MTc0NDgyODMwMC4yLjAuMTc0NDgyODMwMC42MC4wLjA.

Bank of Canada.
https://www.bankofcanada.ca/2023/12/how-higher-interest-rates-affect-inflation/?theme_mode=light&_gl=1*112lhw*_ga*MTQ5NjYzMjA2Ni4xNzQ0ODEzNzU2*_ga_D0WRRH3RZH*MTc0NDgyODMwMC4yLjEuMTc0NDgyODM1OC4yLjAuMA.

La Presse. https://www.lapresse.ca/affaires/economie/2025-04-16/banque-du-canada/le-taux-directeur-reste-inchange-a-2-75.php

L’article Key interest rate maintained at 2.75%: A favorable environment for the real estate market! est apparu en premier sur Courtier Immobilier Montréal Yanick E Sarrazin.

5 financial incentives for your renovation projects

Courtier Immobilier Montreal — Mon, 31 Mar 2025 14:03:00 +0000

Did you know that subsidies are available for work to improve your home’s ecological footprint?

This week, Jean-Vincent, residential and commercial real estate broker with YE/SARRAZIN, presents 5 programs available in Quebec to help you improve the energy efficiency of your property.

Hydro-Québec's Logisvert program

Hydro-Québec’s Logisvert program grants subsidies for various energy efficiency measures, such as :

– Roof insulation and caulking to limit air leaks (Get up to $1,500) :
– The purchase of an induction stove (Get up to $250) or a heat pump dryer (Get up to $250);
– Installation of a heat pump for heating or cooling.

For example, Hydro-Québec offers financial assistance of up to $6,700 for the purchase of a heat pump. The amount of the grant may be higher, depending on the efficiency of the appliance. However, all interested homeowners should check whether the heat pump model they wish to install is on the list of eligible appliances. In fact, this subsidy could reach up to $22,000 if homeowners install a central heat pump combined with a heat storage unit.

This program can be particularly advantageous, as heat pumps can reduce energy consumption and cut heating costs by up to 40% during cold weather.

Eligible properties include single-family homes, semi-detached homes, townhouses, condominiums, multiplexes and apartment buildings with 19 units or fewer. In addition, apartments located in a 20-unit residential building are eligible.

The federal government's CAMT program

The Affordable Conversion from Oil to Heat Pump (CAMT) program offers homeowners heating with oil the opportunity to switch to an electric heat pump heating system. This switch can result in substantial savings, with reductions of up to several thousand dollars on their heating bills. In Quebec, financial assistance is available up to a maximum of $10,000. Eligible properties include: single-family homes, townhouses, mobile homes, permanently moored floating homes, low-rise multi-unit residential buildings (MURBs) and multi-use buildings. However, to be eligible for this subsidy, you must meet the following criteria:

– Household income must be at or below the median after-tax income for the province or territory in which it resides (for example, in Montreal, it was $96,000 in 2022);
– The maximum eligibility threshold for a two-person household in Quebec is currently set at $78,775;
– The heat pump selected must be on the eligible list.

Did you know?

Heating oil is a non-renewable fossil fuel whose combustion generates large quantities of greenhouse gases. In fact, the Quebec government has banned the use of this type of heating in new construction as of December 31, 2021.

Quebec government's Rénoclimat

The provincial government also offers financial assistance to homeowners who wish to carry out work affecting insulation, building airtightness and the replacement of doors or windows. Dwellings eligible for the program include houses, duplexes, triplexes and multi-unit residential buildings, provided they do not exceed three storeys above ground and have a footprint less than or equal to 600 m².

To qualify for this program, you must request an energy evaluation of the property before any work is carried out, and a second energy evaluation after the work has been completed. Generally speaking, the more the work improves the airtightness of the building, the greater the amounts offered by Rénoclimat. For example, for changes to roof or exterior wall insulation, the amounts range from $50 to $3,750. For doors and windows, the financial assistance is $150 per gross opening.

The federal government's Canada Green Housing Loan

The federal government is also offering an interest-free loan of up to $40,000, to be repaid over a 10-year period by the homeowner. To qualify, applicants must have their property appraised before work begins. Work already completed, in whole or in part, is not eligible for the loan. As a general rule, the loan is paid out once the work has been completed. However, in exceptional cases, a portion of the loan may be granted prior to the work, to cover installation costs.

Municipal programs

In addition to the four programs mentioned above, several other municipal programs are available throughout Quebec to support energy efficiency work. It’s a good idea to consult your municipality’s website before undertaking any work, to find out what financial assistance you may be entitled to. In Montreal, for example, the RénoPlex program offers various subsidies for owners of 1 to 5-unit income properties, such as:

– 500 for the installation of a planted surface or honeycomb paving ;
– Over $9,000 for the installation of a watertight garage door;
– 352 to repair a crack;
– 88 per square metre for the installation of a green roof.

In short, there are a variety of programs for property occupants in Quebec, offering considerable benefits. However, it’s essential that homeowners take the time to find out all they can before starting any work, to ensure their eligibility and maximize the benefits of available subsidies. However, if you have any questions about these various subsidies, don’t hesitate to contact our real estate brokers in Montreal. They’ll be happy to answer all your questions.

L’article 5 financial incentives for your renovation projects est apparu en premier sur Courtier Immobilier Montréal Yanick E Sarrazin.

The key interest rate is cut to 3%: A great opportunity for buyers and sellers!

Courtier Immobilier Montreal — Thu, 30 Jan 2025 14:30:58 +0000

Montreal, January 29, 2025 – The Bank of Canada today announced a further reduction in its key policy rate to 3%. The 25-basis-point cut is part of ongoing efforts to control inflation and move closer to the 2% target.

Further reduction in key rate in the face of US economic threats

According to economists, many expected the key rate to remain at 3.25%. However, with the possibility of the Canadian economy soon being severely affected by new U.S. trade tariffs, this uncertainty could pose a real challenge for the country’s economy.

Impact on the Quebec real estate market

Source : Bank of Canada

This new reduction is designed to adapt to changing economic realities, which could be seriously affected by the imposition of new business rates. On the other hand, this reduction could lead to lower mortgage rates, making home ownership more accessible for buyers.

This reduction in the key rate could have a positive impact on sellers, making it easier for them to sell their properties, as they are likely to sell more quickly. Indeed, a greater number of buyers would now be able to obtain mortgage loans, stimulating demand on the real estate market.

In conclusion, while this reduction is primarily intended to mitigate the effects of the new trade tariffs imposed by the United States, it could also benefit the Montreal real estate market. We encourage you to get in touch with our Montreal real estate brokers to make your next real estate project a reality.

Sources :

Bank of Canada. https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/

La Presse. https://www.lapresse.ca/affaires/2025-01-29/banque-du-canada/le-taux-directeur-baisse-a-3.php

Le Devoir. https://www.ledevoir.com/economie/836992/annonce-taux-directeur-canada-retour-trump

L’article The key interest rate is cut to 3%: A great opportunity for buyers and sellers! est apparu en premier sur Courtier Immobilier Montréal Yanick E Sarrazin.

Real estate statistics December 2024: Montreal real estate market on the rise

Courtier Immobilier Montreal — Wed, 15 Jan 2025 20:41:16 +0000

Our Montreal real estate brokers have analyzed the latest APCIQ real estate statistics, covering the month of December 2024. The purpose of this study is to assess trends in the Montreal real estate market over the past year, by comparing data obtained in December 2024 with that obtained in December 2023. For a more detailed analysis, our real estate brokers have structured their observations into three main categories: single-family homes, divided and undivided co-ownerships, and plexes (2 to 5 units).

Overview of the Montreal real estate market

*Based on APCIQ real estate market statistics

Single-family homes

Sales of single-family homes rose by 51%, from 193 to 291 transactions. Prices also rose slightly, by 6%, from $689,900 to $760,000. The average selling time decreased from 66 to 60 days, a reduction of 6 days.

Divided and undivided co-ownerships

Sales of divided and undivided co-ownerships rose dramatically by 52%, from 444 to 675 transactions. The median price also rose, from $445,000 to $465,000, an increase of 4%. Finally, the average sale time rose from 74 to 75 days.

Plexes (2 to 5 units)

The plex market also experienced significant growth of 51%, from 156 to 235. The median price rose from $767,000 to $840,000, an increase of 10%. Finally, the average sale time increased by one day, from 77 to 78 days.

These statistics testify to the dynamism and growth of the Montreal real estate market. If you’re ready to launch your real estate project, don’t hesitate to contact us today to benefit from the expertise of our real estate specialists.

L’article Real estate statistics December 2024: Montreal real estate market on the rise est apparu en premier sur Courtier Immobilier Montréal Yanick E Sarrazin.

Real estate statistics – November 2024: The Montreal real estate market is booming

Courtier Immobilier Montreal — Fri, 06 Dec 2024 15:55:56 +0000

Our Montreal real estate brokers have recently analyzed the latest APCIQ real estate statistics, covering the month of November 2024. In order to assess trends and developments in the Montreal real estate market over the past year, this analysis aims to compare the results obtained in November 2024 with data from November 2023. For a more precise analysis, real estate brokers have structured their observations into three main categories: single-family homes, divided and undivided co-ownerships, and plexes (2 to 5 units).

Plex sales recorded significant growth, rising from 170 to 268 transactions, an increase of 57%. The average sale price also climbed by 8%, from $773 500 to $836 000. Finally, the average time to sell a plex increased by 7 days, from 65 to 72 days.

In short, the real estate statistics for November 2024 highlight the dynamism of the Montreal real estate market. This vitality creates interesting opportunities for both buyers and sellers. If you’re ready to make your real estate project a reality, our brokers in Montreal are at your disposal to guide you through the buying or selling of your property.

L’article Real estate statistics – November 2024: The Montreal real estate market is booming est apparu en premier sur Courtier Immobilier Montréal Yanick E Sarrazin.

Real estate statistics – October 2024: Montreal real estate market in full swing

Courtier Immobilier Montreal — Fri, 08 Nov 2024 13:43:31 +0000

The real estate brokers on our team have analyzed the APCIQ’s real estate statistics for October 2024, comparing them with those for October 2023, in order to observe trends and developments in the Montreal real estate market over the past year. For a clearer and more precise analysis, they chose to separate their observations into 3 main property categories: single-family homes, condominiums and plexes (2 to 5 units).

Single-family homes

Sales of single-family homes rose from 288 to 419, an increase of 45%. The average sale price also rose, from $695,000 to $797,750, an increase of 15%. Finally, the average selling time increased slightly, from 51 to 59 days.

Condominiums

Sales in the divided and undivided co-ownership sector were also up, from 537 to 794, an increase of 48%. The average price of condominiums also rose, from $451,000 to $478,950, an increase of 6%. Finally, the average sales time also increased by 5 days, from 57 to 62 days.

Plex (2-5 units)

Plexes represent the smallest increase. We note an increase of 26% compared with October 2023, representing a total of 240 sales rather than 191. In terms of price, there was a 9% increase, meaning that the median price of plexes rose from $775,000 to $845,000. Lastly, the average sales time increased by 10 days, from 57 to 67 days.

In short, the real estate statistics for October 2024 highlight the dynamism of the Montreal real estate market. This momentum is a result of the recent reduction in the key interest rate, announced by the Bank of Canada on October 23, which is stimulating activity in the real estate market. This effervescence is creating numerous opportunities for buyers and sellers alike. If you’re ready to make your project a reality, our real estate brokers are here to help you, whether you’re buying or selling a property.

L’article Real estate statistics – October 2024: Montreal real estate market in full swing est apparu en premier sur Courtier Immobilier Montréal Yanick E Sarrazin.

Drop in Key Interest Rate to 3.75%: An Opportunity for Buyers and Sellers!

Courtier Immobilier Montreal — Wed, 23 Oct 2024 14:22:06 +0000

Montreal, October 23, 2024 – Today, the Bank of Canada announced a substantial cut in its key interest rate to 3.75%. This 50-point cut will help reduce inflationary pressures and bring us progressively closer to the desired 2% target.

The Impact of the Key Interest Rate Drop on the Quebec Real Estate Market

This further reduction in the key interest rate will have an impact on the economy as a whole, as well as on the Quebec real estate market. More specifically, mortgage rates are set to fall, which will be of great benefit to homebuyers. This change could make home ownership easier.

As for sellers, lower interest rates will encourage them to sell their properties. Indeed, with a greater number of potential buyers able to obtain mortgage loans, this could enable them to sell their property more quickly.

Source : Banque du Canada

In short, this significant reduction will benefit buyers and sellers alike. According to some economists, further changes are likely in the coming months. We invite you to keep up to date with the latest real estate news by following our various articles on the subject.

Sources

Banque du Canada. https://www.banqueducanada.ca/grandes-fonctions/politique-monetaire/taux-directeur/

La Presse. https://www.lapresse.ca/affaires/marches/2024-10-22/taux-directeur-de-la-banque-du-canada/une-baisse-de-75-points-apparait-sur-les-radars.php#

Le Devoir. https://www.ledevoir.com/economie/814337/baisse-taux-directeur-quel-impact-marche-immobilier

Le Journal de Montréal. https://www.journaldemontreal.com/2024/10/22/grosse-baisse-des-taux-dinteret-a-venir

L’article Drop in Key Interest Rate to 3.75%: An Opportunity for Buyers and Sellers! est apparu en premier sur Courtier Immobilier Montréal Yanick E Sarrazin.

Provident Fund, Maintenance Booklet and Inspector Certification for the Real Estate Sector: Bill 16

Courtier Immobilier Montreal — Wed, 09 Oct 2024 16:42:00 +0000

On December 5, 2019, the provincial government adopted a major reform of the Régie du logement, marked by Bill 16. This initiative aims to regulate several aspects of the real estate sector, including building and divided co-ownership inspections, while revising the name and amending the Act respecting the Régie du logement and the Act respecting the Société d’habitation du Québec. It also makes changes to various legislative provisions relating to municipal affairs. The main objective of these reforms is to strengthen the protection of home buyers, co-owners, tenants and landlords. Although the bill was passed in December 2019, its implementation is spread over a three-year period, allowing for a gradual roll-out of the various regulatory measures.

In this article, our Montreal real estate brokers present the new measures underway and those to come.

Future Measures

Real estate regulations governing contingency funds

According to a survey conducted in 2015 by the Regroupement des gestionnaires et copropriétaires du Québec, the Association des professionnels de la construction et de l’habitation du Québec, and the Fédération des chambres immobilières du Québec, it appears that the majority of condominium administrators feel that the amount available in the contingency fund is insufficient. To remedy this situation, a new real estate regulation will require boards of directors to conduct a study every five years to assess the sums to be allocated to the contingency fund. Annual contributions to the fund will be based on the results of this study. The analysis must be produced by an accountant, engineer, chartered appraiser, architect or professional technologist.

This study will be mandatory from the first day following the first 3 years of the new standard’s implementation. In fact, the two main mortgage lenders, National Bank and Desjardins, recently announced that they will no longer finance buyers of divided co-ownerships without a contingency fund.

Condominiums required to keep a maintenance logbook

In Canada, there are currently no regulations requiring condominium boards of directors to keep a maintenance logbook. However, Bill 16, proposed by the provincial government, aims to impose this obligation on boards of directors. The building’s maintenance book will have to be updated every five years (or 10 years for buildings with 8 condos or less). The logbook must identify major maintenance work on the building’s common areas, the dates on which it was carried out, and the inspections performed. This information must be updated annually. The maintenance book must be produced by a professional such as an engineer, chartered appraiser, architect or professional technologist. In addition, syndicates of co-ownership will be required to maintain an up-to-date property condition certificate, and to provide a copy to any co-owner who requests it. These new regulations should come into force by the end of the year.

Creation of a public directory of home inspector certificate holders

At the moment, the profession of home inspector is not governed by any specific regulations. No training or license is required to exercise this profession. However, the new reform underway will introduce a new certificate for building inspectors, to be issued by the Régie du bâtiment du Québec. A public register will also be set up to identify holders of this certification. This initiative is designed to boost buyer confidence by giving them access to qualified building inspection professionals.

Measures in progress

Creating certificates of location

This new bill requires real estate developers to provide syndicates of divided co-ownership with certificates of location, as well as all available plans and specifications.

Protecting buyers' deposits

Builders and developers must protect deposits paid by purchasers of fractional co-ownership. This obligation applies to preliminary contracts signed on or after January 10, 2020. Down payments requiring protection may be secured by a guarantee plan, insurance or a surety bond. Moreover, if a unit has not been delivered by the due date, developers and builders will be required to return the deposit to residential buyers. The date may refer to a specific date or to a period extending over several months (for example, autumn 2024). On the other hand, a clause in a preliminary contract could provide for the possibility of this date being changed due to unforeseen circumstances, if all parties agree.

Governance

Boards of directors must inform co-owners of their decisions within a reasonable period of 30 days. In addition, board members will have to consult the general meeting of co-owners before setting a special assessment or hypothecating the syndicate’s claims. In the event of disagreement, the court may set aside decisions made by the board of directors.

We invite you to keep abreast of the new measures introduced by the provincial government. These provisions are designed to strengthen the protection of home buyers, co-owners, tenants and landlords. Contact our real estate brokers today to learn more about Bill 16.

Sources :

Condos: No Contingency Fund, No Mortgage. https://www.journaldemontreal.com/2024/09/19/condos-pas-de-fonds-de-prevoyance-pas-dhypotheque

Divided and Undivided Co-ownership: How to Differentiate them? https://yanicksarrazin.com/immobilier/information-immobiliere/copropriete-divise-et-indivise-comment-les-differencier/

How to choose your Home Inspector? https://yanicksarrazin.com/immobilier/information-immobiliere/comment-choisir-son-inspecteur-en-batiment/

Quebec gets tough on Condo Maintenance. https://www.journaldemontreal.com/2024/09/13/quebec-se-montre-plus-severe-pour-lentretien-des-condos. https://www.journaldemontreal.com/2024/09/13/quebec-se-montre-plus-severe-pour-lentretien-des-condos

Measures applicable to divided co-ownership (condos) for owners and builders. https://www.quebec.ca/habitation-territoire/achat-vente/condos-coproprietes/mesures-coproprietes

Modernization of housing legislation. https://cdn-contenu.quebec.ca/cdn-contenu/adm/min/affaires-municipales/publications/habitation/BRO_PL16_DocumentBref.pdf

L’article Provident Fund, Maintenance Booklet and Inspector Certification for the Real Estate Sector: Bill 16 est apparu en premier sur Courtier Immobilier Montréal Yanick E Sarrazin.

Drop in Key Interest Rate to 4.50%: A Second Boost for the Montreal Real Estate Market

Courtier Immobilier Montreal — Wed, 24 Jul 2024 20:27:42 +0000

Montreal, July 24, 2024 – As anticipated, the Bank of Canada announced today a second reduction of its key interest rate, bringing it down to 4.50%. This 25 basis points decrease aims to reduce inflationary pressures, allowing inflation to approach its target of 2% in the coming months.

Impact on the Market

This rate cut is a breath of fresh air for many buyers who have been waiting for an opportunity to enter the market. With reduced borrowing costs and more accessible mortgage qualification thresholds, real estate activity is expected to increase significantly.

For sellers, a decrease in interest rates makes the market favorable for selling their property. With a larger number of potential buyers able to qualify for mortgages, the increased demand can lead to quicker sales.

Also read : Mortgages : understanding them better for a real estate purchase

Source : Banque du Canada

In summary, this reduction in the key interest rate is a beacon of hope for the Montreal market, providing more favorable conditions for achieving real estate goals in a period marked by high borrowing costs.

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L’article Drop in Key Interest Rate to 4.50%: A Second Boost for the Montreal Real Estate Market est apparu en premier sur Courtier Immobilier Montréal Yanick E Sarrazin.

Interest Rate Decrease to 4.75%: Good News for the Montreal Real Estate Market

Courtier Immobilier Montreal — Thu, 06 Jun 2024 20:34:10 +0000

Montreal, June 6, 2024 – Yesterday, the Bank of Canada announced the reduction of its key interest rate to 4.75%, a verdict that suggests a renewed sense of hope for many buyers eyeing the Montreal market. This long-awaited decrease brings significant relief to potential buyers and energizes the real estate sector in Montreal.

Impact on the Montreal Real Estate Market

According to economists, this 25-point decrease aims to alleviate inflationary pressures and support the Canadian economy, which has shown signs of slowing down. The Bank of Canada has also hinted at potential further rate cuts later this year, which could further energize the real estate market.

Source : Banque du Canada

For buyers, this rate reduction potentially means lower borrowing costs, which could make purchasing a property more accessible. On the sellers’ side, a decrease in interest rates makes the market favorable for selling their property.

In essence, this decrease in the key interest rate offers opportunities to both buyers and sellers, while reflecting the efforts of the Bank of Canada to support the national economy.

Sources :

La Banque du Canada diminue son taux directeur de 25 points de base, à 4,75 %
https://www.banqueducanada.ca/grandes-fonchttps://ici.radio-canada.ca/nouvelle/2078260/taux-directeur-banque-canada-juin-2024tions/politique-monetaire/taux-directeur/

Plusieurs banques annoncent qu’elles baissent leurs taux d’intérêt préférentiels
https://www.lapresse.ca/affaires/2024-06-05/baisse-du-taux-directeur/plusieurs-banques-annoncent-qu-elles-baissent-leurs-taux-d-interet-preferentiels.php

Baisse du taux directeur: quel impact sur le marché immobilier?
https://www.ledevoir.com/economie/814337/baisse-taux-directeur-quel-impact-marche-immobilier

Check out our real estate information

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L’article Interest Rate Decrease to 4.75%: Good News for the Montreal Real Estate Market est apparu en premier sur Courtier Immobilier Montréal Yanick E Sarrazin.

Real Estate News - Courtier Immobilier Montréal Yanick E Sarrazin

Key interest rate maintained at 2.75%: A favorable environment for the real estate market!

5 financial incentives for your renovation projects

Hydro-Québec's Logisvert program

The federal government's CAMT program

Quebec government's Rénoclimat

The federal government's Canada Green Housing Loan

Municipal programs

The key interest rate is cut to 3%: A great opportunity for buyers and sellers!

Further reduction in key rate in the face of US economic threats

Impact on the Quebec real estate market

Source : Bank of Canada

Real estate statistics December 2024: Montreal real estate market on the rise

Overview of the Montreal real estate market

*Based on APCIQ real estate market statistics

Single-family homes

Divided and undivided co-ownerships

Plexes (2 to 5 units)

Real estate statistics – November 2024: The Montreal real estate market is booming

Analysis of real estate statistics for Montreal neighborhoods

Plateau-Mont-Royal

Single-family homes

Condominiums

Plexes (2-5 units)

Rosemont-La-Petite-Patrie

Single-family homes

Condominiums

Plexes (2-5 units)

Villeray-Saint-Michel-Parc-Extension

Single-family homes

Condominiums

Plexes (2-5 units)

HOMA

Single-family homes

Condominiums

Plexes (2-5 units)

Outremont

Single-family homes

Condominiums

Plexes (2-5 units)

Southwest

Single-family homes

Condominiums

Plexes (2-5 units)

Overview of the Montreal real estate market

Single-family homes

Condominiums

Plexes (2-5 units)

Real estate statistics – October 2024: Montreal real estate market in full swing

Single-family homes

Condominiums

Plex (2-5 units)

Drop in Key Interest Rate to 3.75%: An Opportunity for Buyers and Sellers!

Table des matières

The Impact of the Key Interest Rate Drop on the Quebec Real Estate Market

Provident Fund, Maintenance Booklet and Inspector Certification for the Real Estate Sector: Bill 16

Table des matières

Future Measures

Real estate regulations governing contingency funds

Condominiums required to keep a maintenance logbook

Creation of a public directory of home inspector certificate holders

Measures in progress

Creating certificates of location

Protecting buyers' deposits

Governance

Drop in Key Interest Rate to 4.50%: A Second Boost for the Montreal Real Estate Market

Drop in Key Interest Rate to 4.50%: A Second Boost for the Montreal Real Estate Market

Impact on the Market

Real Estate Trends: An Overview of the First Quarter of 2024

Tranquilli-T: A program offered by RE/MAX real estate brokers

The conversion of a duplex or triplex (plex) into a cottage (single-family house): a project gaining popularity

Interest Rate Decrease to 4.75%: Good News for the Montreal Real Estate Market

Interest Rate Decrease to 4.75%: A Breath of Hope in the Montreal Real Estate Market

Impact on the Montreal Real Estate Market

Sources :

Check out our real estate information

Real Estate Trends: An Overview of the First Quarter of 2024

Tranquilli-T: A program offered by RE/MAX real estate brokers

The conversion of a duplex or triplex (plex) into a cottage (single-family house): a project gaining popularity