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	<title>market &#8211; Courrier Laval news</title>
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	<description>Courrier Laval informs readers about current events.</description>
	<lastBuildDate>Fri, 09 Dec 2022 13:52:14 +0000</lastBuildDate>
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	<title>market &#8211; Courrier Laval news</title>
	<link>https://courrierlavalnews.com</link>
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	<item>
		<title>Gunshots Injure Someone Near the Adonis Market</title>
		<link>https://courrierlavalnews.com/gunshots-suspect-victim-adonis-laval/</link>
					<comments>https://courrierlavalnews.com/gunshots-suspect-victim-adonis-laval/#respond</comments>
		
		<dc:creator><![CDATA[Nicholas Pereira]]></dc:creator>
		<pubDate>Fri, 09 Dec 2022 13:52:14 +0000</pubDate>
				<category><![CDATA[Various & Miscellaneous Facts]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Adonis]]></category>
		<category><![CDATA[Adonis market]]></category>
		<category><![CDATA[area]]></category>
		<category><![CDATA[areas]]></category>
		<category><![CDATA[bullet]]></category>
		<category><![CDATA[Chomedey]]></category>
		<category><![CDATA[Chomedey Boulevard]]></category>
		<category><![CDATA[exchange area]]></category>
		<category><![CDATA[firearm]]></category>
		<category><![CDATA[firearms]]></category>
		<category><![CDATA[goods]]></category>
		<category><![CDATA[gun]]></category>
		<category><![CDATA[gunshots]]></category>
		<category><![CDATA[injured]]></category>
		<category><![CDATA[injuries]]></category>
		<category><![CDATA[injury]]></category>
		<category><![CDATA[Laval]]></category>
		<category><![CDATA[life]]></category>
		<category><![CDATA[lower body]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[meeting area]]></category>
		<category><![CDATA[Service de police de Laval]]></category>
		<category><![CDATA[SPL]]></category>
		<category><![CDATA[suspect]]></category>
		<category><![CDATA[suspects]]></category>
		<category><![CDATA[Victim]]></category>
		<category><![CDATA[zone]]></category>
		<guid isPermaLink="false">https://courrierlavalnews.com/?p=87430</guid>

					<description><![CDATA[<p>The Service de police de Laval (SPL) arrested a suspect linked with gunshots that injured a person Monday night, in the parking lot of the Adonis Laval food market, in Chomedey. The victim was initially going there as part of an exchange of goods. The person was hit in the lower body, and taken to [...]</p>
<p>L’article <a rel="nofollow" href="https://courrierlavalnews.com/gunshots-suspect-victim-adonis-laval/">Gunshots Injure Someone Near the Adonis Market</a> est apparu en premier sur <a rel="nofollow" href="https://courrierlavalnews.com">Courrier Laval news</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>The Service de police de Laval (SPL) arrested a suspect linked with gunshots that injured a person Monday night, in the parking lot of the Adonis Laval food market, in Chomedey.</strong></p>
<p>The victim was initially going there as part of an exchange of goods.</p>
<p>The person was hit in the lower body, and taken to a hospital. The SPL confirmed there&#8217;s no fear for the life of the victim despite serious.</p>
<p>The police received a first call in connection with the conflict at 6:40 p.m. because of the gunshots heard. Once there, the SPL arrested a 34-year-old suspect, who was still being held on the morning of Dec. 6.</p>
<p>The SPL is still looking for another suspect linked with the events.</p>
<h3>Trading Place</h3>
<p>A neutral meeting area was inaugurated in November 2021, at the SPL Headquarters, which is located at 2911, Chomedey Boulevard.</p>
<p>Available at all times and filmed 24 hours a day, the meeting area allows citizens to trade goods safely.</p>
<p>At the time of that zone&#8217;s inauguration, the SPL was already considering the creation of at least two other exchange areas on the territory, in particular in Chomedey and Pont-Viau.</p>
<p>&nbsp;</p>
<p><em>translated by Alec Brideau</em></p>
<p>L’article <a rel="nofollow" href="https://courrierlavalnews.com/gunshots-suspect-victim-adonis-laval/">Gunshots Injure Someone Near the Adonis Market</a> est apparu en premier sur <a rel="nofollow" href="https://courrierlavalnews.com">Courrier Laval news</a>.</p>
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		<item>
		<title>Real Estate Market: The Fall in Sales Worsened in October</title>
		<link>https://courrierlavalnews.com/real-estate-market-sales-october/</link>
					<comments>https://courrierlavalnews.com/real-estate-market-sales-october/#respond</comments>
		
		<dc:creator><![CDATA[Stéphane St-Amour]]></dc:creator>
		<pubDate>Wed, 09 Nov 2022 14:55:51 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Census Metropolitan Area]]></category>
		<category><![CDATA[CMA]]></category>
		<category><![CDATA[Conditions]]></category>
		<category><![CDATA[households]]></category>
		<category><![CDATA[Laval]]></category>
		<category><![CDATA[listings]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[months]]></category>
		<category><![CDATA[Montreal’s census metropolitan area]]></category>
		<category><![CDATA[North Shore]]></category>
		<category><![CDATA[october]]></category>
		<category><![CDATA[purchase]]></category>
		<category><![CDATA[QPAREB]]></category>
		<category><![CDATA[Quebec Professional Association of Real Estate Brokers]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[real estate brokers]]></category>
		<category><![CDATA[real estate market]]></category>
		<category><![CDATA[registrations]]></category>
		<category><![CDATA[residential]]></category>
		<category><![CDATA[sales]]></category>
		<category><![CDATA[shore]]></category>
		<category><![CDATA[territory]]></category>
		<category><![CDATA[year]]></category>
		<guid isPermaLink="false">https://courrierlavalnews.com/?p=87259</guid>

					<description><![CDATA[<p>The residential real estate market in Montreal&#8217;s Census Metropolitan Area (CMA) experienced a particularly difficult month of October, with a 35 per cent decline in transactions compared to the same period last year. In absolute numbers, it&#8217;s a &#8220;significant drop&#8221; of 1,501 sales, according to the Quebec Professional Association of Real Estate Brokers (QPAREB). The [...]</p>
<p>L’article <a rel="nofollow" href="https://courrierlavalnews.com/real-estate-market-sales-october/">Real Estate Market: The Fall in Sales Worsened in October</a> est apparu en premier sur <a rel="nofollow" href="https://courrierlavalnews.com">Courrier Laval news</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>The residential real estate market in Montreal&#8217;s Census Metropolitan Area (CMA) experienced a particularly difficult month of October, with a 35 per cent decline in transactions compared to the same period last year.</strong></p>
<p>In absolute numbers, it&#8217;s a &#8220;significant drop&#8221; of 1,501 sales, according to the Quebec Professional Association of Real Estate Brokers (QPAREB).</p>
<p>The 2,770 sales, listed in the Centris provincial database of real estate brokers, are representing the lowest level of activity recorded since 2014 for the month of October.</p>
<h4>General decline</h4>
<p>Although below the average for Montreal&#8217;s CMA, Laval is still behind by 29 per cent, its sales having dropped from 407 to 289 in 12 months.</p>
<p>Of all sectors, the North Shore is the one that&#8217;s doing the best, despite a 26 per cent decline in transactions.</p>
<h4>Analyzing</h4>
<p>&#8220;The rise&#8217;s amplitude in interest rates in the space of a few months, and the inflationary context eating into the purchasing power of households are obviously the main causes,&#8221; explained by press release director of the market analysis service of the QPAREB, Charles Brant.</p>
<p>Brant also noted &#8220;a more cautious attitude of households and investors, who would have the financial capacity to make their purchase project possible, but prefer to wait for a stabilization of the situation, and a market conditions that will be more favorable to them&#8221;.</p>
<h4>Registrations Up</h4>
<p>In this context of a more significant slowdown in sales, the increase in the number of active listings continued for a sixth consecutive month across Montreal&#8217;s CMA.</p>
<p>Registrations reached a total of 16,269 in October, up seven per cent from the previous month. Compared to the 10,840 properties on the market at the same date last year, the increase is around 50 per cent.</p>
<p>In Laval, registrations increased by 45 per cent between October 2021 and 2022, going from 903 to 1,310.</p>
<p>However, when comparing the first 10 months of the current year with the same period in 2021, the inventory&#8217;s increase is rather 10 per cent in the whole metropolitan area, and three per cent for Laval&#8217;s territory.</p>
<p>&nbsp;</p>
<p><em>translated by Alec Brideau</em></p>
<p>L’article <a rel="nofollow" href="https://courrierlavalnews.com/real-estate-market-sales-october/">Real Estate Market: The Fall in Sales Worsened in October</a> est apparu en premier sur <a rel="nofollow" href="https://courrierlavalnews.com">Courrier Laval news</a>.</p>
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		<title>Construction Sites Up Despite a Weaker Month of July</title>
		<link>https://courrierlavalnews.com/residential-construction-industry-housing-rental/</link>
					<comments>https://courrierlavalnews.com/residential-construction-industry-housing-rental/#respond</comments>
		
		<dc:creator><![CDATA[Stéphane St-Amour]]></dc:creator>
		<pubDate>Sat, 20 Aug 2022 20:20:43 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[CMHC]]></category>
		<category><![CDATA[construction]]></category>
		<category><![CDATA[greater metropolitan area]]></category>
		<category><![CDATA[house]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[housing units]]></category>
		<category><![CDATA[Laval]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[region]]></category>
		<category><![CDATA[rental market]]></category>
		<category><![CDATA[residential construction industry]]></category>
		<guid isPermaLink="false">https://courrierlavalnews.com/?p=86785</guid>

					<description><![CDATA[<p>Despite a slump recorded last month, the residential construction industry has been doing very well since the start of the year in Laval. As of July 31, the foundations of 1,508 housing units had been sunk into Laval soil, up 13 per cent compared to the 1,334 housing units started during the same period last [...]</p>
<p>L’article <a rel="nofollow" href="https://courrierlavalnews.com/residential-construction-industry-housing-rental/">Construction Sites Up Despite a Weaker Month of July</a> est apparu en premier sur <a rel="nofollow" href="https://courrierlavalnews.com">Courrier Laval news</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>Despite a slump recorded last month, the residential construction industry has been doing very well since the start of the year in Laval.</strong></p>
<p>As of July 31, the foundations of 1,508 housing units had been sunk into Laval soil, up 13 per cent compared to the 1,334 housing units started during the same period last year.</p>
<p>The city-region stands out from the four other geographic sectors of the greater metropolitan area, which are 21 per cent behind the housing starts recorded a year earlier. Montreal, the North Shore and the South Shore, as well as Vaudreuil-Soulanges – for its portion included in the territory of Montreal&#8217;s Census Metropolitan Area (CMA) – totaled 14,711 dwellings, compared to the 18,597 registered at the end July.</p>
<p>Here are some data released this week by the Canada Mortgage and Housing Corporation (CMHC).</p>
<h4>Dominant Rental Market</h4>
<p>The rental market dominates with 82 per cent of the new housing in Laval in 2022. In absolute numbers, we&#8217;re talking about 1,240 of the 1,508 units registered during the first seven months of the current fiscal year.</p>
<h4>Month to Forget</h4>
<p>If Laval&#8217;s market has dominated the greater metropolitan area since the beginning of the year, it was quite the opposite last month.</p>
<p>In July, Laval only saw 35 new housing units getting started, which is five times less than the 161 started on the same date last year. Meanwhile, elsewhere in Montreal&#8217;s CMA, the CMHC identified 2,074 construction sites compared to 2,449 in July 2021, representing a 15 per cent drop of the activity level.</p>
<p>Let&#8217;s remind that in 2021, Laval saw its housing stock grow by 2,270 new homes, built or started.</p>
<p>&nbsp;</p>
<p><em>translated by Alec Brideau</em></p>
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<p>L’article <a rel="nofollow" href="https://courrierlavalnews.com/residential-construction-industry-housing-rental/">Construction Sites Up Despite a Weaker Month of July</a> est apparu en premier sur <a rel="nofollow" href="https://courrierlavalnews.com">Courrier Laval news</a>.</p>
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		<title>The Redevelopment of The Vieux-Pen will be Possible from 2024</title>
		<link>https://courrierlavalnews.com/redevelopment-vieux-pen-penitentiary-laval/</link>
					<comments>https://courrierlavalnews.com/redevelopment-vieux-pen-penitentiary-laval/#respond</comments>
		
		<dc:creator><![CDATA[Stéphane St-Amour]]></dc:creator>
		<pubDate>Tue, 26 Jul 2022 17:01:37 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[abandoned]]></category>
		<category><![CDATA[heritage]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[Old Penitentiary]]></category>
		<category><![CDATA[redevelopment]]></category>
		<category><![CDATA[Saint-Vincent-de-Paul]]></category>
		<category><![CDATA[transfer]]></category>
		<category><![CDATA[value]]></category>
		<category><![CDATA[Vieux-Pen]]></category>
		<guid isPermaLink="false">https://courrierlavalnews.com/?p=86683</guid>

					<description><![CDATA[<p>Abandoned for more than 30 years, the Old Penitentiary of Saint-Vincent-de-Paul will be transferred to the Canada Lands Company (CLC) by 2024, the Correctional Service of Canada (CSC) announced last month. Once the transfer completed to the federal Crown corporation, it will initiate discussions with stakeholders interested in the redevelopment of this heritage site. “[…] [...]</p>
<p>L’article <a rel="nofollow" href="https://courrierlavalnews.com/redevelopment-vieux-pen-penitentiary-laval/">The Redevelopment of The Vieux-Pen will be Possible from 2024</a> est apparu en premier sur <a rel="nofollow" href="https://courrierlavalnews.com">Courrier Laval news</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>Abandoned for more than 30 years, the Old Penitentiary of Saint-Vincent-de-Paul will be transferred to the Canada Lands Company (CLC) by 2024, the Correctional Service of Canada (CSC) announced last month.</strong></p>
<p>Once the transfer completed to the federal Crown corporation, it will initiate discussions with stakeholders interested in the redevelopment of this heritage site.</p>
<p>“[…] the CLC will be mandated to either develop the site itself, or sell it at fair market value,&#8221; said the office of the Liberal member of Alfred-Pellan, Angelo Iacono. “It remains obvious that the future owners will have, on those five hectares, enough to revitalize the neighbourhood of Saint-Vincent-de-Paul.&#8221;</p>
<h3>Ongoing Evaluations</h3>
<p>Until then, the property disposal process, which began in 2018, is continuing its agreement with Public Services and Procurement Canada, Justice Canada and the CLC.</p>
<p>“[…] the CSC will continue to work on implementing several due diligence measures, notably by carrying out the survey and the environmental, archaeological and heritage assessments by the end of 2023.”</p>
<p>The CSC will also ensure the appropriate heritage considerations and obligations are transferred to the new owner, the Vieux-Pen having been designated a national historic site in 1990.</p>
<p>The federal agency also specifies that it will “consult with representatives of other government levels and stakeholders, including Indigenous groups, to gauge public interest” in this 150-year-old former prison facility.</p>
<p>&nbsp;</p>
<p><em>translated by Alec Brideau</em></p>
<p>L’article <a rel="nofollow" href="https://courrierlavalnews.com/redevelopment-vieux-pen-penitentiary-laval/">The Redevelopment of The Vieux-Pen will be Possible from 2024</a> est apparu en premier sur <a rel="nofollow" href="https://courrierlavalnews.com">Courrier Laval news</a>.</p>
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