QFREB News

Bank of Canada maintains its key interest rate at 1.25 per cent
The Bank of Canada (BoC) announced today that it will maintain its key interest rate at 1.25 per cent. As the BoC points out, the slowdown in economic growth in the first quarter of 2018 is largely due to weak performance in the housing and export markets. While...
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Canadian Home Sales Drop Significantly in March
According to the Canadian Real Estate Association (CREA), monthly home sales were down 22,7 per cent in March 2018 compared to the same month of last year. This was the lowest level of sales for a month of March in four years. The average price for all residential...
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Québec’s Consumer Confidence Increase in April
According to the Conference Board of Canada, in April, 40 per cent of Québec consumers felt that the time was right to make a major purchase, such as a property. This represents a higher proportion than the five-year average of 34.45 per cent and an increase of 3...
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Housing Starts Decreased Slightly in Québec in the First Quarter of 2018
According to preliminary data from the Canada Mortgage and Housing Corporation (CMHC), there were 6,839 housing starts in Québec centres with 10,000 or more inhabitants during the first quarter of 2018. This represents a drop of 1 per cent compared to the same period...
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An Increase of the Employment in Québec for the First Quarter of 2018
According to Statistics Canada’s Labour Force Survey, 4,269,900 jobs (seasonally adjusted) were held in Québec during the first quarter of 2018, which represents 4,800 more jobs than in the previous quarter. Moreover, compared to the first quarter of last year, this...
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An Increase of the Employment in Québec
According to Statistics Canada's Labour Force Survey, 4,279,600 jobs (seasonally adjusted) were held in Québec in March 2018, which represents 16,000 more jobs than the previous month. Also, compared to March of last year, this number represents an increase of 85,000...
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Québec’s Consumer Confidence Level Held Steady in March
According to the Conference Board of Canada, in March, 37 per cent of Québec consumers felt that the time was right to make a major purchase, such as a property. This represents the same proportion as last month, but is higher than the five-year average of 34.35 per...
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Canadian Home Sales Drop Significantly in February
According to the Canadian Real Estate Association (CREA), monthly home sales were down 16.9 per cent in February 2018 compared to the same month of last year. This was the lowest level of sales for a month of February in five years. CREA's Chief Economist states "The...
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A Slight Increase of the Unemployment Rate in Québec
According to Statistics Canada's Labour Force Survey, 4,263,600 jobs (seasonally adjusted) were held in Québec in February 2018, which represents 2,900 less jobs than the previous month. Also, compared to February of last year, this number represents an increase of...
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Housing Starts Upward Trend Held Steady in February
According to preliminary data of the Canada Mortgage and Housing Corporation (CMHC), 2,437 housing starts were registered in Québec centres with 10,000 or more inhabitants in February. This number represents a 13 per cent increase compared to February of last year....
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