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Top Stories In And Around Montreal

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Montreal Home Prices Just Keep On Going Up — Here's A Breakdown By Area

Time to say goodbye to your dream of owning a home?

Young Montrealers' dreams of homeownership might be slipping further and further beyond reach. Montreal area home prices jumped significantly between the third quarter of 2020 and the third quarter of 2021, according to the latest report from the Quebec Professional Association of Real Estate Brokers (QPAREB).

It recorded a 17% increase in the median single-family home price in Greater Montreal — up to $500,250 — compared to Q3 of 2020.

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Here's How Much Renting A 1-Bedroom Costs In Montreal vs. Other Major Canadian Cities

The range across the country is WILD. 😱

You may find yourself cursing the cost of rent in Montreal, but how does it stack up against other major Canadian cities? A new rent report by Zumper has an answer — and it ranks Montreal as 14th most expensive when renting a one-bedroom home.

According to Zumper, an online rental platform, the median cost of renting a one-bedroom home in Montreal is $1,380 per month.

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Here's The Median Price Of Homes & Condos In Different Parts Of Greater Montreal Right Now

According to new data from Royal LePage.

Real estate company Royal LePage released its latest House Price Survey and Market Survey Forecast, revealing the median price of houses and condos in Greater Montreal over the past three months.

It splits the data into six regions: Montreal Centre, Montreal East, Montreal West, Laval, Montreal North Shore and Montreal South Shore.

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This $17K/Month Montreal Apartment Will Make You Wish You Were A Trust Fund Baby (PHOTOS)

Guess we should have started saving at two months old...

As we've all come to know by now, real estate prices in Montreal have skyrocketed during the pandemic, making it harder than ever to find a cheap apartment in the city.

And if you're wondering just how expensive rental prices can get, we found a Montreal apartment for rent that costs $17,000 a month.

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A New Report Says Buying A Home In Montreal Has Never Been More Expensive

Time to start saving...

The real estate market has exploded in Canada since the beginning of the pandemic, to the point that buying a home in Canada is the most difficult it's been since the 1980s. And when it comes to buying a home in Montreal, this is the first time in history that prices have been this high.

"The RBC Housing Affordability measure recorded its most significant deterioration in more than 30 years," said the Royal Bank of Canada's Housing Trends and Affordability report, released October 7.

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What A $1.5M Golden Square Mile Penthouse In One Of Those Posh Condos Looks Like (PHOTOS)

This Avenue du Docteur-Penfield property is for sale, which means we can peek inside!

If you live in Montreal, chances are you've driven along avenue du Docteur-Penfield in the Golden Square Mile and looked up at the posh-looking buildings, wondering what they're like inside. Now, thanks to a new real estate listing, you can peek inside a $1,499,000 penthouse for sale in the Royal Penfield condominium.

According to the listing, this penthouse was "designed for elegant living on a grand scale."

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