Montreal housing prices are still on the rise | Rozenblat Realty Group
Montreal housing prices are still on the rise
There is definitely an accelerated growth in price and demand, especially in Cote Saint Luc, Hampstead & Westmount.
Welcome to what is called a “SELLERS MARKET”.
Are homes selling at in record timing and top dollar because of foreign investors? Definitely! However, its not just foreign buyers driving the market up,
Montreal was long due for a market upgrade.
We were seriously lagging behind other major metropolitans like Toronto and Vancouver.
While there are concerns over Montreal eventually imposing a 15% tax on foreign investors, Quebec Finance Minister Carlos Leitao told The Canadian Press that “he has no plans in the near term to introduce a foreign buyer’s tax on Montreal homes”.
So if your looking to sell your home for top dollar, there is no better time then now.
Call Anita Benabou Rozenblat for a free evaluation at 514-502-6627