Plans for a New Public Transportation Network could be a HUGE boost for the Montreal Real Estate Market!

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Montreal Housing Market is  'On Fire' As Sales Drop In Toronto, Vancouver and things are just getting better! 

 Montreal was one of Canada's hottest real estate markets last year as low unemployment and economic growth translated into the area's best sales growth in a decade.
Total sales in the Greater Montreal Area increased eight per cent to 44,448 on the strength of condominium sales and good overall activity on the Island of Montreal.
Sales growth exceeded 20 per cent in five of the city's most popular boroughs.
Last week CDPQ infra which is dedicated to the development of infrastructures and their management, announced that they are planning to build the largest public transportation network built in Montreal in the last 50 years: known as the Reseau express metropolitan, or REM.
The project which is set to start construction in April and welcome riders in the summer of 2021 is a regional light rail project which will consist of 26 stations across a 40-mile electrified network. It’s set to be the fourth largest automated light rail project in the world.
This can only mean good things for Montreal's real estate market. This subway station is going to being huge and being close to it will impact the value of a property tremendously.

Source: http://news.buzzbuzzhome.com/2018/02/new-transportation-network-mean-huge-boost-montreal-real-estate-market.html

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