{"id":22862,"date":"2016-08-19T17:13:43","date_gmt":"2016-08-19T17:13:43","guid":{"rendered":"https:\/\/realta.cp03.id-3.net\/inforealta-vol-8-no-2-urban-real-estate-legend\/"},"modified":"2022-01-25T14:54:17","modified_gmt":"2022-01-25T14:54:17","slug":"inforealta-vol-8-no-2-urban-real-estate-legend","status":"publish","type":"post","link":"https:\/\/dev.realta.ca\/en\/inforealta-vol-8-no-2-urban-real-estate-legend\/","title":{"rendered":"inforealta Vol. 8 | no 2 Urban Real Estate Legend"},"content":{"rendered":"<h1 class=\"p1\"><img class=\"alignnone\" src=\"https:\/\/dev.realta.ca\/wp-content\/uploads\/2022\/01\/header-EN-1.jpg\" alt=\"header-EN\" \/><\/h1>\n<h1 class=\"p1\"><span class=\"s1\">Urban Real Estate Legend:<br \/>\n<\/span><span class=\"s1\">Foreign Buyers Are Invading Montreal!<\/span><\/h1>\n<p class=\"p1\"><span class=\"s1\">Let\u2019s stick to the facts. According to a recent study by the Canada Mortgage and Housing Corporation, only 0.9% of all residential properties sold in Greater Montreal in 2015 were purchased by foreign buyers. That\u2019s less than 1%! In other words, 99 out of 100 buyers were from Canada. And the vast majority of these buyers were from Montreal itself, where a reputable agency like REALTA is firmly established.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">So there you have it. Another urban real estate legend debunked by the facts \u2013 undermining in the same swoop the argument put forth by so-called \u201cinternational\u201d agencies that they alone can help you profit from this foreign buying frenzy.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The CMHC study also revealed us that Montreal\u2019s few foreign investors are not more numerous when it comes to sales of recent condominium or larger building, either. Speculation (the rapid resale of a property in less than a year) is also just as rare among foreign buyers as it is among local buyers.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The conclusion is clear: to sell a residential property in Greater Montreal, you have to know local buyers and be able to reach them. And that takes time and experience. This is precisely REALTA\u2019s bread and butter \u2013 our trademark and main area of expertise.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Come and see us. It would be our pleasure to give you a demonstration of what we have to offer.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Fran\u00e7ois Bissonnette<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">President<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Urban Real Estate Legend: Foreign Buyers Are Invading Montreal! Let\u2019s stick to the facts. According to a recent study by the Canada Mortgage and Housing Corporation, only 0.9% of all residential properties sold in Greater Montreal in 2015 were purchased by foreign buyers. That\u2019s less than 1%! In other words, 99 out of 100 buyers [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[37],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>inforealta Vol. 8 | no 2 Urban Real Estate Legend | DEV ! Realta<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"inforealta Vol. 8 | no 2 Urban Real Estate Legend | DEV ! Realta\" \/>\n<meta property=\"og:description\" content=\"Urban Real Estate Legend: Foreign Buyers Are Invading Montreal! Let\u2019s stick to the facts. According to a recent study by the Canada Mortgage and Housing Corporation, only 0.9% of all residential properties sold in Greater Montreal in 2015 were purchased by foreign buyers. That\u2019s less than 1%! In other words, 99 out of 100 buyers [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dev.realta.ca\/en\/inforealta-vol-8-no-2-urban-real-estate-legend\/\" \/>\n<meta property=\"og:site_name\" content=\"DEV ! Realta\" \/>\n<meta property=\"article:published_time\" content=\"2016-08-19T17:13:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-01-25T14:54:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dev.realta.ca\/wp-content\/uploads\/2022\/01\/inforealta_logob.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/dev.realta.ca\/#organization\",\"name\":\"REALTA, Agence immobili\u00e8re\",\"url\":\"https:\/\/dev.realta.ca\/\",\"sameAs\":[],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/dev.realta.ca\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/dev.realta.ca\/wp-content\/uploads\/2021\/12\/realta_favicon.svg\",\"contentUrl\":\"https:\/\/dev.realta.ca\/wp-content\/uploads\/2021\/12\/realta_favicon.svg\",\"width\":250,\"height\":250,\"caption\":\"REALTA, Agence immobili\u00e8re\"},\"image\":{\"@id\":\"https:\/\/dev.realta.ca\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dev.realta.ca\/#website\",\"url\":\"https:\/\/dev.realta.ca\/\",\"name\":\"DEV ! 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