The Quebec Landlords Association (APQ) launches a contest for the moving period. Owners, participate in large numbers in the contest: “Photo Contest about moving in Quebec: How is your housing after the departure of the tenant?” Win an Ipad (approximate value of $500.00). To participate, post a photo on the contest page at http://www.apq.org/concours-photo.aspx Very easy! The one that gets the most votes wins! You can show your photos from June 26 at noon till July 6 at 23h59. People may vote from June 26 at noon till July 6 at 23h59. Contest rules can be found on the website of the APQ at http://www.apq.org/reglement-concours-photo.aspx Good luck!
According to the Rental Market Survey conducted in the spring by Canada Mortgage and Housing Corporation (CMHC), the average vacancy rate of private buildings with three units and over stood at 2.9 per cent in April in urban centres (10,000 or
more ) of Quebec. The small change in the nominal rate compared to that recorded in the spring of 2013 (-0.2 percentage point) was not significant statistically.
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
The New Housing Price Index (NHPI) rose 0.2% in March, following an identical increase in February.
Be an informed consumer! Be wary of anyone who approaches you with an offer to make “easy money” in real estate. Remember: if a deal sounds too good to be true, it probably is.