A reminder for all the landlords that the deadline to generate RL-31 slip (Releve 31) is February 29, 2024.
Un rappel à tous les propriétaires que la date limite pour générer un relevé 31 (RL-31) est le 29 février 2024.
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It seems that high mortgage interest rates in Canada will stick around for a while. BOC is planning to keep its interest rate at 5% until April 2024 and will gradually decrease it over the second half of 2024. #BOC#mortgage#InterestRate#InterestRates#RealEstate#canada
Real estate has traditionally been a slow industry to innovate but it has been embracing the power of AI quite rapidly for predictive analytics, 3D-modelling, smart-home devices, property management and mortgage approval.
Canada’s housing affordability crisis, hikes in interest rates, record immigration, and strong labour markets continue to boost demand for rental housing resulting in surging rents coast to coast.
Canadians are smarter than their Government.
Build more housing! It was the most popular solution for Nanos poll respondents: 23% selecting it as the No 1 way to reduce housing costs. 22% called for more subsidized housing, 21% said the priority should be lowering mortgage rates
According to the analysis conducted by Oxford Economics, Montreal is still an affordable housing market compared to rest of Canada.
Most unaffordable cities are Vancouver, Toronto, followed by Victoria. One the opposite site of the scale are Saint John, Regina and Edmonton.
Are you a property owner in Quebec or Ontario and considering selling it soon?
Keep it for a few more years if you can. It is forecasted that the housing market will be soft in 2024 but it will bounce back in 2025 with falling interest rates and removal of ban on foreign buyers.
Falling rents pose a risk for home prices.
Will the rents continue to fall or will they go back to pre-COVID-19 prices once we go back to our “normal” lives?
#rent#rentalprice#rental#rentals#montreal#crisedulogement
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Our only competitor is Google 😉💪
The traffic to our website has skyrocketed since we built our rental listing page less than 1 month ago.
We now rank among the most visited 4000 websites in Canada (in front of 2 billion + other websites)
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