{"id":197,"date":"2007-10-01T19:27:49","date_gmt":"2007-10-01T19:27:49","guid":{"rendered":"http:\/\/www.montreal-realestate.ca\/english\/2007\/10\/what-drives-the-real-estate-market\/"},"modified":"2019-02-24T20:13:02","modified_gmt":"2019-02-24T20:13:02","slug":"what-drives-the-real-estate-market","status":"publish","type":"post","link":"https:\/\/www.montreal-realestate.ca\/english\/what-drives-the-real-estate-market\/","title":{"rendered":"What drives the Real Estate Market?"},"content":{"rendered":"

Whether you\u2019re already a homeowner or about to become one, owning property is one of the most important investments you\u2019ll make in your lifetime. Therefore, you should be aware of the four main factors that influence the real estate market, which are population growth, interest rates, income and sociodemographic trends. It stands to reason that everyone needs somewhere to live and that\u2019s why the strength of the real estate market is directly linked to demographic growth. Whether it\u2019s as a result of immigration, migration or natural population growth, the higher the population increase, the higher the demand for housing and thus, the stronger the market.Interest rates also play an important role in the real estate market. When rates are lower, generally the market is stronger as lower rates mean less cost to finance a property. This in turn, encourages consumers to become owners, or to buy large or more luxurious properties or renovate.<\/p>\n

When property values are increasing, it\u2019s generally a true reflection of a household\u2019s ability to pay. There fore, the market\u2019s strength is closely connected to job creation and a household\u2019s disposable income.<\/p>\n

And finally, there are certain sociodemographic trends which have an impact on the real estate market. For example, when households get smaller, meaning more and more people have chosen to live alone as has been the case over the past decades, more properties fine buyers.<\/p>\n

In conclusion, keep in mind that if there\u2019s high demand, it usually means higher prices. In other words, when there supply of available property for a given area is limited, prices will always be higher. Remember the law of economics, that price is always a reflection of supply and demand.
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I wrote this article because I love real estate. If you would you like me to work for you, call me 514-402-8444<\/a> or EMAIL ME<\/u><\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

Whether you\u2019re already a homeowner or about to become one, owning property is one of the most important investments you\u2019ll make in your lifetime.<\/p>\n","protected":false},"author":2,"featured_media":2229,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","sfsi_plus_gutenberg_text_before_share":"","sfsi_plus_gutenberg_show_text_before_share":"","sfsi_plus_gutenberg_icon_type":"","sfsi_plus_gutenberg_icon_alignemt":"","sfsi_plus_gutenburg_max_per_row":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-197","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-investing"],"yoast_head":"\nWhat drives the Real Estate Market? - Montreal Real Estate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.montreal-realestate.ca\/english\/what-drives-the-real-estate-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What drives the Real Estate Market? 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