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MTL Home Prices Are Projected To Increase By A Bigger % Than Any Other Major Canadian City

A new report from Royal LePage suggests that while Montreal's real estate market might start to cool down, home prices are still projected to increase more overall than any other market in Canada.

The company recorded a 21.7% year-over-year increase in the "aggregate price of a home" ("a weighted average of the median values of all housing types collected") in the Montreal area in the second quarter of 2021, bringing it to $514,000.

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Montreal Was Ranked The 20th Best Canadian Spot To Buy Real Estate & A Random Town Is 1st

Thinking about buying your first home? Well good news, Greater Montreal, which includes places like Longueuil, Laval and Brossard, just ranked #17 for Zoocasa and MoneySense's "Where to buy real estate in Canada: 2021" report.

And it doesn't stop there, the city of Montreal ranked #20 — so it seems as though we're living in a real estate heaven.

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Here's What A $1M House Looks Like In 7 Different Cities In Quebec

Who hasn't dreamed of winning the lottery and buying a mansion? But anything can happen! And even if you never win the lottery, there's still a possibility that you might one day buy a million-dollar house in Quebec. 

Whether it's near Quebec City, the Outaouais, the Laurentians or Montreal, there is plenty of choice when it comes to finding a home in the seven figures. And they're way more fun to peruse than $1,000/month rental apartments. 

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This Rustic-Chic Home For Sale 1 Hour From Montreal Will Make You Want To Leave The City

If you've ever considered leaving the city and buying a home in a gorgeous country setting, then this little rustic-chic house for sale in the Laurentians — just one hour from Montreal — is probably going to be the property that pushes you to do it. 

Not only is it a beautiful property on a lovely 13,000-square- foot wooded lot, but at an asking price of $299,000, it will also cost you less than the average Montreal condo. 

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These Luxury Montreal Condos Have Incredible Amenities & Some Of The Best Views Of The Old Port

When it comes to spending more time indoors and working from home, making the space you inhabit as comfortable and well-designed as possible is key.

For some, that means living in a central location, being surrounded by breathtaking views or having access to tons of great amenities — or all three. 

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This Adorable Quebec Home For Sale For $260,000 Has No Walls Around The Bathroom (PHOTOS)

This charming Quebec home takes the term "open concept" to a new level.

The $259,900 cottage for sale in Sainte-Adèle offers a loft-style layout and wooden construction, "typical of les Pays d'en Haut," explained owner Daniel Paradis.

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This 19-Room Quebec Home For Sale Under $200,000 Is Actually An Old General Store (PHOTOS)

This Quebec home for sale could be a deal for anyone looking to get out of the city and own a treasured piece of local history.

The home, an hour outside Quebec City in the Chaudière-Appalaches town of Sainte-Agathe-de-Lotbinière, used to function as the neighbourhood general store, realtor William Boutin told MTL Blog.

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6 Tenant Rights That Every Montreal Renter Should Know About

The months leading up to Quebec's July 1 "Moving Day" are a popular time for apartment lease renewals in Montreal. That's why it's all the more important to be aware of your rights as a tenant right now. 

To make matters more complicated, a statement from the City of Montreal says that the number of available units has decreased significantly over the years with the vacancy rate in Montreal slightly above 3%, compared to 1.6% last year.

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This Plain-Looking Quebec Home For Sale Under $400K Is Hiding A Stunning Interior (PHOTOS)

The province's real estate market has some hidden gems, and this Quebec home for sale in Saint-Jérôme is one of them. 

While this $399,000 home may look rather plain on the outside, a magazine-worthy interior is hidden inside.

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This Montreal Apartment Building Has Super Cool Amenities & It’s Close To Everything

Most apartments in Montreal have a certain reputation. Charming spiral staircases in spring become ice-covered treks by winter. Once-amusing wonky floors make you feel seasick, and your landlord still hasn't replied about the hot water problem.

If you're a longtime Montrealer or someone who is calling the city home for the first time, consider this an intervention. It doesn't have to be this way!

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This 6-Bedroom Quebec Home For Sale Costs Less Than A Typical Montreal Condo (PHOTOS)

This home for sale in Shawinigan looks like it belongs in a 1940s cartoon. 

The six-bedroom (!) house is on the market for $245,000. For the record, that's less than the price of a typical Montreal condo.

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The Median Price For A Family Home On The Island Of Montreal Is Now Close To $700,000

The median price for a single-family home on the Island of Montreal reached $690,000 in the first few months of 2021, a new report by the Quebec Professional Association of Real Estate Brokers (QPAREB) shows.

At the same time last year, the median price for a single-family home on the Island was $542,000 — an increase of 27%.

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