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Québec’s Consumer Confidence Level Decreased in June

Québec’s Consumer Confidence Level Decreased in June

According to the Conference Board of Canada, in May, 41 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 34.77 per cent and a decrease of 1...

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Canadian Home Sales Drop Significantly in May

Canadian Home Sales Drop Significantly in May

According to the Canadian Real Estate Association (CREA), monthly home sales were down 16.2 per cent in May 2018 compared to the same month of last year. The average price for all residential MLS® properties sold in Canada in May 2018 was slightly over $496,000, down...

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Unemployement Rate Decreases in Québec

Unemployement Rate Decreases in Québec

According to Statistics Canada's Labour Force Survey, 4,270,500 jobs (seasonally adjusted) were held in Québec in May 2018, which represents 5,000 more jobs than the previous month. Also, compared to May of last year, this number represents an increase of 65,000 jobs....

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Increase in Housing Starts in Québec in May 2018

Increase in Housing Starts in Québec in May 2018

According to preliminary data from the Canada Mortgage and Housing Corporation (CMHC), there were 3,421 housing starts in Québec centres with 10,000 or more inhabitants in May 2018. This represents a jump of 15 per cent compared to May of last year. The Gatineau (+70...

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The Real Estate Market Remained Very Active in May

The Real Estate Market Remained Very Active in May

The real estate market continued its momentum in May. Data from the real estate brokers' Centris provincial database show that sales across Québec increased by 2% compared to May of last year. As has been the case for several months now, condominiums were favoured by...

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Québec’s Consumer Confidence Level Increased in May

Québec’s Consumer Confidence Level Increased in May

According to the Conference Board of Canada, in May, 42 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 34.65 per cent and an increase of 2...

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Canadian Home Sales Drop Significantly in April

Canadian Home Sales Drop Significantly in April

According to the Canadian Real Estate Association (CREA), monthly home sales were down 13.9 per cent in April 2018 compared to the same month of last year. The average price for all residential MLS® properties sold in Canada in April 2018 was slightly over $495,000,...

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A Decrease of the Unemployment Rate in Quebec

A Decrease of the Unemployment Rate in Quebec

According to Statistics Canada's Labour Force Survey, 4,265,800 jobs (seasonally adjusted) were held in Québec in April 2018, which represents 13,800 less jobs than the previous month. Also, compared to April of last year, this number represents an increase of 72,800...

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Strong Increase in Housing Starts in Québec in April 2018

Strong Increase in Housing Starts in Québec in April 2018

According to preliminary data from the Canada Mortgage and Housing Corporation (CMHC), there were 4,270 housing starts in Québec centres with 10,000 or more inhabitants in April 2018. This represents a jump of 36 per cent compared to April of last year. The...

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