The strong performance of the job market, the increase in disposable income, the high level of consumer confidence and the low interest rates are behind the strong demand currently experienced by the Québec residential real estate market. Read the document.
The QFREB presented its 2018 results and unveiled its 2019 forecast for Quebec’s residential real estate market at its 8th annual Fenêtre sur le marché conference, presented in cooperation with Desjardins. The Quebec residential real estate market already achieved record sales in 2017, and that record will be shattered in 2018 with the Centris system exceeding the 86,000 transaction mark. Read more.
In a context of high household indebtedness, many observers are concerned about the potential impact of higher interest rates on the ability of some households to repay their mortgages. Read the document
The QFREB has released its most recent residential real estate market statistics for the province of Québec, based on the real estate brokers’ Centris provincial database. In total, 18,798 residential sales were concluded in the third quarter of 2018, a 5 per cent increase compared to the third quarter of last year. Read the communiqué
The QFREB Barometers for the third quarter of 2018 are now available on our website. These publications provide an overview of the residential real estate market across the province and in each of its six metropolitan areas.
According to preliminary data from the Canada Mortgage and Housing Corporation (CMHC), there were 4,090 housing starts in Québec centres with 10,000 or more inhabitants in November 2018. This represents a 1 per cent increase compared to November of last year. The...read more
According to Statistics Canada’s Labour Force Survey, 4,279,900 jobs (seasonally adjusted) were held in Québec in November 2018, which represents 25,800 more jobs than the previous month. Compared to November of last year, this number represents an increase of 16,400...read more
With 6,675 transactions registered by Québec's real estate brokers in November, the province's real estate market once again showed its vitality. In fact, sales increased by 5 per cent compared to November of last year. All three property categories registered an...read more