Great News for Real Estate: the Bank of Canada lowers the key interest rate by 50 basis points
The Bank of Canada’s Policy Shifts: Key Investment Opportunities for Non-Residents in Québec and Montreal On October 23, 2024, the Bank of Canada announced a 50-basis-point rate cut, lowering its key interest rate to 3.75%. This move aims to revitalize a slowing...
Bank of Canada reduces policy rate by 25 basis points
The Bank of Canada announced on June 5, 2024, that it is lowering the key interest rate by 25 basis points to 4.75%. Following this announcement, the Canadian currency remained stable against the US dollar. This rate cut could have several significant effects on the real estate market and the Canadian currency…
Several exceptions exist to allow non-Canadians to purchase real estate in Canada.
Exceptions: **Rural and Semi-Urban Properties**Non-Canadians can purchase residential properties located outside metropolitan areas, offering opportunities in picturesque and growing regions. **Real Estate Development**Foreign real estate developers may acquire...
Your questions answered about the proposed capital gains tax changes
The federal government's 2024 budget includes significant new spending on projects and programs — and it's relying on revenue from a change to the capital gains inclusion rate to help pay for it. So what is this inclusion rate and how does the change affect taxpayers?...
Canada ranked 2nd best country in the world for 2023
Ranked just behind Switzerland, Canada moved from third to second place out of 87 countries this year as the best country in the world.
Montreal ranked as the best city in the world for students
Montreal is the best city in the world to study in, according to a report by education website The Helpful Professor. The report notes that “Montreal is a great city to study in due to its many educational opportunities and its vibrant cultural scene.” It also...
Housing supply picture improving but Canada still needs 3.5 million more new homes by 2030, CMHC says
Report shows slight improvement to housing gap since last year.
Profusion Immobilier May 2023: Our best month ever in terms of number of listings
With the recent jump in inflation and the 25 basis point hike in the key rate on June 7, 2023, the real estate market remains resilient. Great news for the real estate markets in the greater Montreal area! The recovery of the real estate market in the metropolitan...
More earned media reach than any brand in the luxury real estate space
Profusion Immobilier | Forbes Global Properties benefit from an unparalleled brand halo effect and global brand awareness through ForbesTHE MOST POWERFUL ALLIANCEIN LUXURY REAL ESTATE IN THE WORLDPART DE VOIX DE L'INDUSTRIE 78% Forbes / Forbes Global Properties 12%...
Leader in Luxury Real Estate Since 2008
Profusion Immobilier is the leading independent luxury brokerage agency in Quebec. Our fabulous Profusion team participates in 1 out of 5 luxury transactions across all 34 municipalities / boroughs on the island of Montreal. With only 80 brokers, Profusion Immobilier...
Agent Poll Sheds Light on 2023 Buyer Trends
Consumer habits have changed rapidly over the last few years. Whether the Coronavirus pandemic, fluctuating markets or reality television is to blame, luxury home buyers aren’t exempt from this change in perspective that has now led to a change in buyer habits. Check...
M sur la Montagne : Ultimate Luxury in Montreal
M sur la Montagne is an exceptional residential experience in the heart of Montreal. Located in a 16-acre private park, this transformed historical monument houses 87 luxurious condos. Within the prestigious Golden Square Mile, this complex offers spectacular views of...