{"id":3313,"date":"2016-07-08T10:59:14","date_gmt":"2016-07-08T14:59:14","guid":{"rendered":"http:\/\/genestmarinacci.com\/?p=3313"},"modified":"2016-08-08T14:52:31","modified_gmt":"2016-08-08T18:52:31","slug":"montreals-luxury-real-estate-market-rise","status":"publish","type":"post","link":"https:\/\/genestmarinacci.com\/en\/montreals-luxury-real-estate-market-rise\/","title":{"rendered":"Montreal&#8217;s luxury real estate market is on the rise"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>If\u00a0in Quebec, summertime rhymes with moving, it&#8217;s also a great time to take a closer look at the local luxury real\u00a0estate market, more especially in great urban centers like Montreal where the\u00a0market is currently thriving.\u00a0<\/strong><\/p>\n<p style=\"text-align: justify;\">At the end of last June, the real estate data provider\u00a0JLR studied the specifics of the high-end real estate market and published the\u00a0<em><a href=\"http:\/\/bit.ly\/29cQJ3J\" target=\"_blank\">Luxury properties in Qu\u00e9bec (Les propri\u00e9t\u00e9s de luxe au Qu\u00e9bec<\/a>)<\/em> report. The suggested\u00a0data showed that Montreal&#8217;s luxury real estate market has been steadily growing between 2009 and 2015.<\/p>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/bit.ly\/296CWsI\" target=\"_blank\"><img decoding=\"async\" class=\"alignleft\" src=\"http:\/\/genestmarinacci.com\/wp-content\/uploads\/2016\/07\/croissance-immobilier-de-luxe.jpg\" alt=\"croissance immobilier de luxe\" \/>In a summary of the study<\/a>\u00a0published in the very reputable francophone magazine <em>Les affaires<\/em>, columnist Joanie Fontaine explains that, throughout the province, a luxury property is usually listed above 500 000$. In Montr\u00e9al, things tend to be slightly different\u00a0since the 500 000$ price bracket represents\u00a033% of the territory&#8217;s sales. That percentage being too high\u00a0to be considered \u00ab high end \u00bb, the term \u00ab luxury \u00bbis reserved for residences sold for more than one million dollars.<\/p>\n<p style=\"text-align: justify;\">In 2015, these very exclusive properties represented 1,9% of the real estate transactions made in the greater Montreal area. Joanie Fontaine also states that \u00ab the 1M$ properties sales reached a particularly high point marked by a 9% growth in 2015.\u00a0[&#8230;] We also note\u00a0that\u00a0the same year, the number of luxury real estate transactions grew by 4%. \u00bb<\/p>\n<p style=\"text-align: justify;\">Clearly, Montreal&#8217;s luxury real estate market has been on the rise for quite a while and it seems to be astonishingly stable. Therefore, it appears to be the right moment to put in motion any\u00a0plan you\u00a0might have had\u00a0to invest in real estate. <a href=\"http:\/\/bit.ly\/29lufyY\" target=\"_blank\"><strong>Genest &amp; Marinacci, Real Estate Brokers<\/strong><\/a>, will be happy <a href=\"http:\/\/bit.ly\/29lufyY\" target=\"_blank\">to help you choose a residence<\/a> that will meet both your expectations and needs.<\/p>\n<p style=\"text-align: justify;\"><em>Sources: Les affaires, JLR<\/em><\/p>\n<p><em>Chart source: JLR<\/em><\/p>\n<p><em>Photo source:\u00a0Genest &amp; Marinacci, Real Estate Brokers<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If\u00a0in Quebec, summertime rhymes with moving, it&#8217;s also a great time to take a closer look at the local luxury real\u00a0estate market, more especially in great urban centers like Montreal where the\u00a0market is currently thriving.\u00a0 At the end of last June, the real estate data provider\u00a0JLR studied the specifics of the high-end real estate market&#8230; <br \/><a href=\"https:\/\/genestmarinacci.com\/en\/montreals-luxury-real-estate-market-rise\/\">Continue to read<\/a><\/p>\n","protected":false},"author":2,"featured_media":3288,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[195],"tags":[286,289,290,291,292],"class_list":["post-3313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-montreals-luxury-real-estate","tag-genest-marinacci-real-estate-brokers","tag-montreal-luxury-real-estate","tag-montreal-luxury-real-estate-market","tag-montreal-real-estate","tag-montreal-real-estate-market"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Montr\u00e9al&#039;s luxury real estate market is on the rise<\/title>\n<meta name=\"description\" content=\"It&#039;s a great time to take a closer look at urban areas, more especially Montreal, where the luxury real estate market is currently thriving.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/genestmarinacci.com\/en\/montreals-luxury-real-estate-market-rise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Montr\u00e9al&#039;s luxury real estate market is on the rise\" \/>\n<meta property=\"og:description\" content=\"It&#039;s a great time to take a closer look at urban areas, more especially Montreal, where the luxury real estate market is currently thriving.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/genestmarinacci.com\/en\/montreals-luxury-real-estate-market-rise\/\" \/>\n<meta property=\"og:site_name\" content=\"Genest &amp; 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