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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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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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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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According to new data from the Institut de la statistique du Québec, the province gained 105,000 high-paying jobs that are paying $30/hour or more despite a loss of 275,000 salaried jobs that paid less than $20/hour.

Several groups benefitted from this increase in high-paying jobs including people with bachelor's degrees, immigrants, and non-unionized people.

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Quebec's minimum wage is set to increase to $13.50 an hour on May 1, which — as a reminder — is Saturday. 

This is an increase of 40 cents or 3.1% according to the Retail Council of Canada. For tip workers, the minimum wage will increase by 35 cents to $10.80 an hour.

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According to a study by Royal LePage on recreational property values in 2021, buying a chalet in Quebec is more expensive than ever before

A perfect storm of low inventory and high demand will cause recreational home prices to increase by 15% in 2021, to an average price of $291,993. Waterfront property and condominium prices are also forecasted to increase. 

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In the past seven weeks, seven Quebec women have been killed due to gender-based violence, also known as femicide, Deputy Premier Geneviève Guilbault confirmed in a press conference on March 24. 

This article contains graphic content that might not be suitable for some readers.

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Bad news for first-time buyers: Montreal-area home prices are through the roof.

The median price for single-family homes in Montreal soared 28% from February last year to $460,000, "$100,000 more than just 12 months ago," according to a report from the Quebec Professional Association of Real Estate Brokers.

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It's no secret that the pandemic has led to many job losses in Montreal — and basically everywhere else in the world.

But a new study from the Government of Canada shows just how many Montrealers, how old they are and how our stats compare to other cities across the country.

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As of May 2021, the minimum wage in Quebec will increase by 3.1%, for a total of $13.50 hourly — but some say that's not enough. So, how does Quebec's minimum wage compare to the rest of Canada? 

While many provinces in Canada hold different minimum wages for student and adult workers, Quebec establishes a minimum wage for general workers and another wage for workers who make income from tips.

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As humans, we're constantly evolving, which is exactly why new trends in Quebecers' food consumption since the start of the pandemic have been noticed.

MTL Blog spoke with Sysco Grand Montreal's Regional President, Guillaume Dubois, to find out more about these shifts in consumption and what Quebec's restaurant industry has been faced with recently.

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The Quebec Association of Proprietor Pharmacists (AQPP) has released new data on the use of antidepressants in Quebec during COVID-19 — and some of the findings are "worrisome," according to a press release published by the AQPP on February 18.

The association found that antidepressant usage in Quebecers aged 18 to 34 increased by 9.5% from 2019 to 2020. It also found a "considerable increase" in new antidepressant users aged 65 and over. 

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