The Quebec election has real-estate agents on both sides of the Quebec-Ontario border agreeing on one thing: the market is on hold as homebuyers await the outcome.
Realtors say a Parti Quebecois majority on April 7 likely wouldn’t result in the kind of mass exodus that followed the party’s first election victory in 1976.
Thousands of Quebecers, mainly anglophones, fled the province after the Rene-Levesque-led PQ stunned the rest of Canada by surging to a majority win.
Read more: http://montreal.ctvnews.ca
PRICE DROP #4 – 111 Glen Road – ROSEDALE
It’s a good house with what looks like a fairly recent renovation. But the location isn’t the best. It is on a busy stretch of road and there are 2 bus stops out front.
So….it was over priced.
It didn’t sell and the price was dropped in November to $4,855,500 and again in January to $4,755,000.
Then, a little over a week ago, I noticed that there were 2 listings for this house….
And they were $555,501 apart.
I was confused.
Now, I am even more confused.
Because this house can now be purchsed for $3,800,000 by ‘Power of Sales”.