Real estate news

 

According to the Canada Mortgage and Housing Corporation (CMHC), 425 foreign investors acquired a property in Greater Montréal during the first six months of 2017, an increase of nearly 30% over the previous year. Same period last year. This increase can be explained, among other things, by the enthusiasm of the Chinese for the metropolis.
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Now popular and mediatized, real estate flips have existed for a very long time. The principle of buying a good and reselling it for profit is at the very heart of trade. Applied to real estate, this will allow you to generate more cash quickly compared to the purchase of rental properties, and by the same, could allow you a...

According to a CMHC study, the number of foreign buyers has been increasing in the Montréal metropolitan area since the beginning of the year, mainly due to an increased presence of buyers from China. From January to April 2017, 236 residential transactions were carried out by foreigners, an increase of 37% compared to the first four months of...