QFREB News
Residential sales Increased Sharply in Canada in May

Residential sales Increased Sharply in Canada in May

According to the Canadian Real Estate Association (CREA), monthly home sales were up 6.7 per cent in May 2019 compared to the same month of last year. “Home price trends and market balance continues to differ significantly among Canadian housing markets,” said Jason...
Québec Consumer Confidence Level still Robust in June

Québec Consumer Confidence Level still Robust in June

According to the Conference Board of Canada, the proportion of Quebecers who feel that the time is right to make a major purchase, such as a property, increased to 45 per cent in June. This represents a 1 percentage point gain compared to last month which is above...
Housing Starts are Up in Québec in May 2019

Housing Starts are Up in Québec in May 2019

According to preliminary data from the Canada Mortgage and Housing Corporation (CMHC), there were 4,156 housing starts in Québec centres with 10,000 or more inhabitants in May 2019. This represents a 23 per cent increase compared to May of last year. The Gatineau...
Unemployment remains low in Quebec in May

Unemployment remains low in Quebec in May

According to Statistics Canada’s Labour Force Survey, 4,327,900 jobs (seasonally adjusted) were held in Québec in May 2019, which represents 11,600 fewer jobs than the previous month. Compared to May of last year, this number represents an increase of 60,100 jobs. The...
Bank of Canada Maintains Overnight Rate Target at 1.75 Per Cent

Bank of Canada Maintains Overnight Rate Target at 1.75 Per Cent

The Bank of Canada announced today that it is maintaining its target for the overnight rate at 1.75 per cent. Recent data have reinforced Governing Council’s view that the slowdown in late 2018 and early 2019 was temporary, although global trade risks have increased....
Québec Consumer Confidence Level decreased in May, still Robust

Québec Consumer Confidence Level decreased in May, still Robust

According to the Conference Board of Canada, the proportion of Quebecers who feel that the time is right to make a major purchase, such as a property, decreased to 44 per cent in May. This represents a 3 percentage points loss compared to last month but remains above...