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2017: A VINTAGE YEAR FOR MONTRÉAL REAL ESTATE

Despite the mortgage tightening measures that were introduced in the fall of 2016, the Montréal area real estate market performed well beyond expectations in 2017, as sales by real estate brokers increased by 8 per cent, making it the second best year on record.
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Tax Credit for Eco – Friendly Home Renovation (EcoRenov)

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

MLS® Statistics – August 2011

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 →

Sales in Montréal Area Reach 2008 Levels

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 →