Québec Budget - Few Measures that Promote Homeownership, Notes the QFREB

The QFREB would have liked the Québec government to adopt measures to improve homeownership and consumer protection. The budget released yesterday by the Legault government contrasts with the one tabled by Ottawa on Tuesday. Click here to read the brief.

A RESOLUTELY PROGRESSIVE FEDERATION

The Québec Federation of Real Estate Boards is determined to adapt and evolve in order to meet the priorities and issues of real estate brokerage – particularly those of its members. It has worked hard in protecting and promoting the profession.

For several months now, the QFREB has been undertaking efforts to survey its 13,000 member brokers, such as at the real estate summit held last fall.

FEDERAL BUDGET: QFREB WELCOMES THE HOME OWNERSHIP MEASURES ANNOUNCED BY THE FEDERAL GOVERNMENT

The QFREB commends the many real estate and housing measures announced yesterday by Canadian Finance Minister Bill Morneau, in particular the enhancement of the Home Buyers’ Plan (HBP) and a CMHC incentive making it easier to purchase a first home. Click here to read the brief.

Residential Resale Market: Quebecers' Buying Intentions Remain Strong

On February 8, the QFREB revealed the results of a survey that focused on buying and selling intentions in Québec’s real estate sector, carried out by the firm Léger. In this edition of the Word from the Economist we will analyze this survey and highlight its key points.

Buying Intentions Remain Unchanged in the Residential Market: The 18-34 Age Group Still Want to Become Homeowners

The APCHQ, the QFREB and the Fonds immobilier de solidarité FTQ released the results of a survey conducted by the firm Léger. The survey indicates that despite tighter mortgage rules, rising interest rates and increasing property prices, 23% of Québec households intend to buy a residential property within the next five years. Read more

QFREB NEWS

A RESOLUTELY PROGRESSIVE FEDERATION

The Québec Federation of Real Estate Boards is determined to adapt and evolve in order to meet the priorities and issues of real estate brokerage – particularly those of its members. It has worked hard in protecting and promoting the profession. For several months...

read more

Québec Consumer Confidence Level Increased in March

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, stood at 44 per cent in March. This represents an increase of 4 percentage points compared to last month and a...

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The residential sales in Canada dropped sharply in February

According to the Canadian Real Estate Association (CREA), monthly home sales were down 9.1 per cent in February 2019 compared to the same month of last year to the lowest level since November 2012. The month-over-month decline was the largest recorded since the B-20...

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