Ville-Marie is an upscale neighbourhood situated in the center of Montreal. Therefore, this place gathers the main tourist attractions of the city but also the major malls, companies' headquarters and even the historical center.
Ville-Marie was the name of the first settlement created in 1642 which developed the city of Montreal.
The district keeps welcoming new inhabitants, mainly from China and France, which made it becoming even more multicultural. Ville-Marie has a dynamic, attractive and vibrant life.
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.