Here are a few highlights:
Real estate funds have been less active this year, but this asset class continues to attract attention with interesting opportunities.
Montreal has seen a resurgence in activity, with a 37% increase in transactions between April 2023 and March 2024, showing renewed vitality for this sector.
More and more owner-occupiers are selling their single-occupancy buildings, attracting other buyer profiles. Value per square foot increased by 5% in the first quarter of 2024.
Impacted by a shortage of manpower and stringent mortgage market conditions, the number of lots sold fell by 13% over the past year.
Significant increase in values. Buildings of all sizes saw an increase in value, with a 10% rise in cost per unit for buildings with 25 units or more.
The year 2023 was marked by a sharp increase in loans disbursed to finance asset acquisitions and re-financings across the province.