Saint-Jean-sur-Richelieu

Skyline Industrial REIT reports a strong 2023 with $388.68 million in transactions and outlines key focuses for 2024

Retrieved on: 
Tuesday, January 9, 2024

In 2023, the REIT completed eight transactions, adding three new assets to the portfolio and selling 15 non-core assets (in five separate transactions).

Key Points: 
  • In 2023, the REIT completed eight transactions, adding three new assets to the portfolio and selling 15 non-core assets (in five separate transactions).
  • On February 10, 2023, the REIT sold a single-tenant industrial building located at 500 Saint-Louis Street in Saint-Jean-sur-Richelieu, Quebec.
  • On September 13, 2023, the REIT sold a single-tenant industrial freezer storage building located at 7801 Boulevard Henri-Bourassa E, Montreal, Quebec , for $22.6 million.
  • Heading into 2024, Skyline Industrial REIT remains grounded in its unwavering commitment to the principles that have defined its success to date.

Despite Slow Transactional Activity, the Montreal Real Estate Market Stays the Course

Retrieved on: 
Wednesday, December 6, 2023

L’ÎLE-DES-SOEURS, Quebec, Dec. 06, 2023 (GLOBE NEWSWIRE) -- The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its residential real estate market statistics for the month of November 2023. The most recent market statistics for the Montreal Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database.

Key Points: 
  • Despite weak sales since the start of fall, the accumulation of properties for sale on the market is very gradual.
  • L’ÎLE-DES-SOEURS, Quebec, Dec. 06, 2023 (GLOBE NEWSWIRE) -- The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its residential real estate market statistics for the month of November 2023.
  • The most recent market statistics for the Montreal Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database.
  • It should be noted that this is the second-lowest level of transactional activity recorded for this time of year since Centris began compiling market data in 2000.

Market Slowdown in October: Sales Take a Hit Due to an Increasingly Challenging Environment

Retrieved on: 
Monday, November 6, 2023

L’ÎLE-DES-SŒURS, Quebec, Nov. 06, 2023 (GLOBE NEWSWIRE) -- The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its residential real estate market statistics for the month of October 2023. The most recent market statistics for the Montreal Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database.

Key Points: 
  • The most recent market statistics for the Montreal Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database.
  • This is a decrease of 2 per cent or 65 transactions compared to the same period last year.
  • “While there are fewer active buyers in the market, there continues to be latent interest in buying a property.
  • Secondly, the North Shore of Montreal (607 sales), Laval (235 sales), Vaudreuil-Soulanges (105 sales) and Saint-Jean-sur-Richelieu (52 sales) experienced respective declines of 12 per cent, 17 per cent, 19 per cent and 30 per cent.

Sales Stabilize and Listings Rise: A Rebalancing of the Real Estate Market Continues in September

Retrieved on: 
Thursday, October 5, 2023

L'ÎLE-DES-SŒURS, Quebec, Oct. 05, 2023 (GLOBE NEWSWIRE) -- The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its residential real estate market statistics for the month of September 2023.

Key Points: 
  • L'ÎLE-DES-SŒURS, Quebec, Oct. 05, 2023 (GLOBE NEWSWIRE) -- The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its residential real estate market statistics for the month of September 2023.
  • The most recent market statistics for the Montreal Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database.
  • “The Montreal CMA market continued to stabilize in September, with transactional activity comparable to that of a very quiet month of August.
  • Condominiums and small income properties reached 1,068 sales and 276 sales respectively, both growing by 13 per cent.

Confirmed Buyer Rebound in July for the Island of Montreal with Plexes Leading the Way

Retrieved on: 
Friday, August 4, 2023

The rise in sales of plexes and single-family homes sets the Island of Montreal apart from other metropolitan areas.

Key Points: 
  • The rise in sales of plexes and single-family homes sets the Island of Montreal apart from other metropolitan areas.
  • The most recent market statistics for the Montreal Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database.
  • This is an increase of 1 per cent or 45 transactions compared to the same period last year.
  • In addition to being comparable to 2022, this level of transactional activity was above the historical average for this time of year.

Montreal Census Metropolitan Area (CMA): Buyers Are Back In Force, Encouraged by the Stabilization of the Market

Retrieved on: 
Monday, June 5, 2023

The most recent market statistics for the Montreal Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database.

Key Points: 
  • The most recent market statistics for the Montreal Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database.
  • “The month of May clearly marks a return of buyers to the market encouraged by the stabilization of interest rates and prices.
  • “The Island of Montreal market posted an astonishing performance with a drop in sales of only 5 per cent compared to last year.
  • The metropolitan area of Saint-Jean-sur-Richelieu is notable for a slight increase in the median price (1 per cent).

Montreal Market Rebounding Slowly Due To Lack of Listings as Prices Confirm Their Uptrend

Retrieved on: 
Thursday, May 4, 2023

The marked drop in new listings for a month of April largely contributed to this upward movement in prices, thus affecting transactional activity.

Key Points: 
  • The marked drop in new listings for a month of April largely contributed to this upward movement in prices, thus affecting transactional activity.
  • The most recent market statistics for the Montreal Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database.
  • This is not necessarily due to a lack of buyer confidence in the market, since interest rates are stabilizing and prices are clearly indicating an upward movement.
  • In addition to high prices, it is also due to the lack of properties for sale on the market, as evidenced by the historic drop in listings for a month of April.

Montreal’s Downward Trend in Sales Coming to an End as Prices Regain Strength

Retrieved on: 
Thursday, April 6, 2023

L’ÎLE-DES-SŒURS, Québec, April 06, 2023 (GLOBE NEWSWIRE) -- The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its residential real estate market statistics for the month of March 2023. The most recent market statistics for the Montreal Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database.

Key Points: 
  • Median prices, although still down from last year, are beginning to trend positively on a consecutive monthly basis.
  • The 28 per cent drop when compared to the same period last year pushes sales down to a new low for a month of March.
  • Although sales are still down, it should be noted that this is the first month, since September 2022, with a decline below the -30 per cent mark.
  • Even though sales are still down, the slowing of this decline is a positive sign that the market is stabilizing.

Advancements will Explore Developments in Green Technologies for Military and Aviation

Retrieved on: 
Thursday, December 22, 2022

JUPITER, Fla., Dec. 22, 2022 /PRNewswire-PRWeb/ -- An upcoming segment of Advancements with Ted Danson will focus on how technological advances in green technology are eliminating challenges across several landscapes.

Key Points: 
  • JUPITER, Fla., Dec. 22, 2022 /PRNewswire-PRWeb/ -- An upcoming segment of Advancements with Ted Danson will focus on how technological advances in green technology are eliminating challenges across several landscapes.
  • This segment will explore the complex challenges facing the military domain and commercial aviation sector while trying to adopt greener solutions to become more sustainable and follow this green shift.
  • As an internationally recognized systems integrator, Rheinmetall Canada creates technologically advanced, fully customized solutions for the global defense, security, and aviation markets.
  • About Advancements and DMG Productions:
    Advancements is an information-based educational television series that explores recent developments taking place across several industries and economies.

Window on the Real Estate Market for the Montreal CMA: Property Prices Are Holding Up in the Face of a Drop in Sales

Retrieved on: 
Monday, December 5, 2022

The most recent market statistics for the Montreal Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database.

Key Points: 
  • The most recent market statistics for the Montreal Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database.
  • The result is a certain resistance in prices.”
    In November 2022, the Montreal CMA recorded 2,716 residential sales, 38 per cent less than in November 2021.
  • 41 per cent for Laval (245 sales) and, again, 41 per cent for the Island of Montreal (984 sales).
  • The Quebec Professional Association of Real Estate Brokers (QPAREB) is a non-profit association that brings together more than 14,000 real estate brokers and agencies.