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The Bank of Canada has announced its sixth consecutive policy rate cut, continuing its monetary easing strategy in a context where inflation remains under control. This latest reduction aims to support economic growth and encourage investment, particularly in the real estate sector. However,...
When choosing and installing a fireplace in a residence in Quebec, it is essential to consider provincial and municipal regulations that ensure safety, energy efficiency, and environmental impact reduction. This article outlines the main rules in effect and presents the various types of fireplace...
Rebound in Real Estate Sales in November 2024 The month of November 2024 marked a remarkable turning point in the real estate sector with a significant increase in transactional activity. With 920 transactions recorded, this represents a 46% increase compared to November of the previous yea...
True or False: Can a real estate broker represent both a buyer and a seller in a real estate transaction? When it comes to real estate transactions, the question of whether a broker can represent both the buyer and the seller often arises. This practice, known as dual representation, has long bee...
The value of houses is increasing faster in low climate risk areas In the current context of climate change, real estate is a sector that increasingly feels the impact of environmental conditions. Recent observations indicate that the value of houses in areas identified as having low climate risk...
How to Prepare Your Property for Sale During the Holidays Selling a property in the middle of the December holidays can seem like a major challenge with all the festive decorations adorning the house. However, with some clever tips, you can not only maintain the holiday spirit but also present y...
The proposed high-speed train (HST) project connecting Quebec City and Toronto has sparked much discussion and anticipation. One of the most pertinent questions is how this project might affect property values along the proposed route. In this article, we will explore various aspects of this ques...
When a homeowner receives an offer to purchase for their property, it can mark a pivotal moment in the sales process. But what happens if this offer is conditional and other buyers show interest? Can another offer be accepted? Let’s explore this in detail. What is a conditional offer to pu...
The rise in property prices, increased rents, and the shortage of available housing are creating a particularly difficult situation, especially for low-income households. In response to this situation, the CAQ government presented the Quebec Housing Strategy on August 22, proposing solutions...
Water damage and sewer backups, which many Quebecers experienced this weekend with the remnants of Storm Debby, are situations no one wishes to face but can unfortunately happen at any time. Whether it’s a flood, a burst pipe, or a sewer backup, these incidents can cause significant damage ...
Your offer to purchase has been accepted! The financing is secured. All that remains is to visit the notary. However, given that notaries in Quebec are very busy, the appointment date is set much later than expected. This delay disrupts your plans, and you may be tempted to contact the seller to ...
As you prepare to purchase a property, the first step is obtaining a mortgage pre-approval. You've been keeping up with the news and are aware that the long-awaited drop in high interest rates has finally occurred. But does this mean you should opt for a variable rate mortgage instead of ...
Don't Sell Your House Without Knowing Its True Market Value One of the first crucial steps is determining the market value of your property. Unlike the municipal value, the market value represents what the market is willing to pay for your house. It is influenced by the supply and demand of hous...
In the dynamic and often stressful world of real estate, a broker's availability can make all the difference between a smooth buying or selling experience and an exhausting ordeal. Real estate brokers know that to serve their clients well, they must be available at all times. This great availabil...
Quebecers are responding to the recent interest rate cut announced by the Bank of Canada on Wednesday, June 5 at 10:30 AM ET. Since July 2023, the key interest rate had been maintained at 5%, affecting the real estate market, house prices, and transactions throughout the province and the country....
Expected Turning Point for the Real Estate Market For the first time since July 12, 2023, the Bank of Canada has lowered its key interest rate, reducing it from 5% to 4.75%. This decision marks a long-awaited turning point for the real estate market. Although an interest rate of 4.75% remains hi...
Discover this stunning two-story condo in Longueuil If you are looking for your new cozy nest, look no further! Alexandre Doré, a residential real estate broker, presents you with an exceptional opportunity located at 1042 Rue Gendron, Longueuil (Le Vieux-Longueuil). Let's explore togethe...
Looking for a new cozy nest? Let Alexandre Doré, your residential real estate broker, guide you through this gorgeous condo, promising a bright future in Saint-Bruno-de-Montarville. A facade inviting discovery Begin your tour with an exterior view that immediately captures the attention....
When you receive a lease renewal notice, several questions may arise. Here is a guide that will help you understand the lease renewal process, possible amendments, and the implications of a rent increase. Definition of Lease Renewal In Quebec law, lease renewal, also called automatic renewal, o...
Using cutting-edge tools makes a noticeable difference. In the context of crucial decisions related to selling or buying properties, access to comprehensive information, presented clearly, is indispensable. This is why we heavily invest in the latest technologies and spend numerous hours refining...
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