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REAL ESTATE NEWS

Luxury market Quebec
August 23 A renewed sense of political and fi nancial stability has contributed to a serious upswing in luxury home sales in Montréal (Island) during the fi r [...]
Sales Decrease Slightly in Second Quarter While Year-to-Date Sales Increase
July 14 Although second quarter sales decreased slightly by 4 per cent compared to the second quarter of last year, overall year-to-date sales in the province [...]
The seller remains free to refuse a promise to purchase even if it meets all the conditions in the brokerage contract
June 30 The Court of Appeal, the highest court in Québec, recently handed down a major decision for real estate brokerage in a case where the Association des [...]

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actual value
Actual value as determined by the assessor. This value, in thousands of dollars, when multiplied by the tax rate equals the amount of real property taxes payable.
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