Real Estate - News Hub

Commercial space: growth in certain neighborhoods, stagnation in the city center

Commercial space: growth in certain neighborhoods, stagnation in the city center

Representatives of several local business development groups, SDCs, report falling vacancy rates, even as high inflation and rumors of a recession threaten their post-pandemic recovery. (Photo: The Canadian Press) Wellington Street in Montreal’s Verdun neighborhood is booming, with beautiful storefronts lining the lively pedestrian district. With a commercial vacancy rate estimated by the neighborhood’s trade … Read more

Real estate: to revive the market in 2024?

Real estate: to revive the market in 2024?

It’s a Christmas present we didn’t expect, you know the one from that aunt that usually always works. You tear open the paper expecting to be downright disappointed, and then miraculously it’s much better than expected. That’s exactly what happened with mortgage rates reported by brokers last week, are falling, for the first time in … Read more

Real estate: loan rates, banks, property prices… to recover the market in 2024?

Real estate: loan rates, banks, property prices... to recover the market in 2024?

Is good real estate weather coming after the embolism? This is the confidence from Maël Bernier, spokesman for the “meilleurtaux” broker with RTL, who gives freedom to think about it. It has seen mortgage rates fall for several days, which has not happened since January 2022. “We’re getting bank scales, I wouldn’t think I’d say … Read more

GUEST RTL – Real estate: towards easing the debt ceiling to 35%?

GUEST RTL - Real estate: towards easing the debt ceiling to 35%?

The real estate market is in crisis. Getting a loan to buy a home is getting more and more complicated. Economy Minister Bruno Le Maire suggests several ways to restart the machine, such as break the 35% debt rate lock. “I hope it goes that far,” Maël Bernier, spokesperson for Meilleurtaux.com, responds to RTL. “Today … Read more

Criteria, procedures… Everything you need to know about transitional rental housing (LLI)

Real estate: loan rates, banks, property prices... to recover the market in 2024?

In order to restart the construction of houses, the executive wishes to “double the production of transitional rental housing (LLI)” in stressed areas, from now until the end of the five-year period (increase from 15,000 to 30,000 units per year). This Thursday, November 16, in Dunkerque, Élisabeth Borne announced the commitment of the State and … Read more

GUEST RTL – Real estate loan: loan with zero rate extended and expanded, Bruno Le Maire announces

GUEST RTL - Real estate loan: loan with zero rate extended and expanded, Bruno Le Maire announces

Lightening up for buyers as mortgage rates rise? Economy Minister Bruno Le Maire announced this morning to RTL the extension of the so-called “PTZ” system, loans with zero interest. It allows an individual to get a portion of their loan without the slightest interest, subject to means testing. Originally, this state support was supposed to … Read more