Griffintown is a district in Montreal which continues to seduce and surprise thanks to the housing boom. Rejuvenated, reinvented and full of life, this upscale neighbourhood is one of the oldest in Montreal and is also one of the most dynamic ones.
Affectionately known as "The Griff" by its first inhabitants, the district has welcomed famous celebrities over the decades. Nowadays, Griffintown is a trendy place where artists, musicians, companies, universities are gathered. This multicultural place is full of fashion restaurants, unprecedented art galleries, or even upscale residential projects.
After a decrease between 2011 and 2014, the real-estate market has risen by 5% regarding the number of properties sold in Montreal in 2016. Thousands of condos have been built in the region of Montreal these last years and many of them are still unoccupied and still on the housing market. According to real-estate experts, 2017 would be characterized by a slowing down of sells due to new mortgage loan measures. However, the growth of the employment market and the low unemployment rate should boost property sells.