Residential sales increased by 7 per cent in the Montréal area last month, making it the most active month of October in eight years. Continue reading
A temporary refundable tax credit for eco-friendly home renovation has been introduced.
The tax credit is intended for individuals who have a qualified contractor carry out eco-friendly renovation work on their principal place of residence or cottage under a contract entered into after October 7, 2013, and before November 1, 2014.
The amount of the tax credit corresponds to 20% of the portion of an individual’s eligible expenses that exceeds $2,500, up to a maximum tax credit of $10,000 per eligible dwelling.
for more information visit the Revenue Quebec web page
Condominiums Were Big Winners Again in August 2011
According to MLS® system data, sales in the Montréal Metropolitan Area increased by 5 per cent in August 2011 compared to August of 2010. This third consecutive increase in sales in the Montréal area was fuelled by the vitality of condominium sales, which increased by 9 per cent in August. Continue reading
Residential real estate prices more than doubled in Québec between 2000 and 2010. Camille Laberge, an economist at the Québec Federation of Real Estate Boards, explains why and compares Québec’s situation with that of other Canadian provinces. Continue reading
Michel Beauséjour, FCA, Chief Executive Officer of the GMREB, presents the MLS® statistics for the Montréal Metropolitan Area for the month of February 2010, during which sales increased by 45 per cent compared to February 2009 but only by 1 per cent compared to February 2008. Continue reading
Michel Beauséjour, FCA, Chief Executive Officer of the GMREB, presents the MLS® statistics for the Montréal Metropolitan Area for the month of January 2010, during which condominium sales increased by 98 per cent compared to January 2009 and by 20 per cent compared to the January 2007 sales peak. Continue reading