As reported on CBC.ca, some observers of the Montreal real estate market say potential home buyers are holding off until they know who wins the Sept. 4 provincial election.
The market traditionally slows in summer and new regulations concerning mortgages have been imposed but some brokers say buyers are also taking a wait-and-see attitude to protect their investment or maybe get a better price after Sept. 4.
It's the type of news that would rankle the Parti Québécois, which has had warnings of a flight of economic capital and an exodus of anglophones used against it since the 1970s.
Monique Assouline, a real-estate broker who works in Montreal's west end, says she's had both anglophone and francophone clients tell her they're not buying anything until after the election is decided.
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