Discover the latest trends in the real estate market with Mylène Bouchard, your trusted broker to realize your real estate projects with peace of mind.

Real estate investors continue to show increased interest in multi-family properties in Quebec. These investments offer stable long-term returns, especially in a growing rental market. Well-located apartment buildings enjoy high demand from tenants, making them an attractive choice for investors.

Condominiums continue to be a popular choice for many buyers, especially young professionals. With the increasing urbanization and densification of downtown Quebec, we are witnessing a significant expansion of the condo market , offering a practical and modern lifestyle for those seeking proximity to urban amenities.

By staying alert to these trends, investors, buyers and real estate professionals can seize opportunities and successfully navigate this ever-changing market .

Here is a summary of key statistical data concerning the real estate market in Quebec at the start of 2024:

-The benchmark price of single-family homes increased by 4.1% over a one-year period, reaching $517,900.

-The benchmark townhouse/multiplex price also increased, up 2.9% year-over-year to $523,400.

-For condominiums, the reference price recorded an increase of 4.7% over one year, reaching $367,700.

-The composite reference price for all properties increased by 3.7% year-over-year, reaching $462,100.

-Regarding rents, the average cost of an apartment in Quebec saw a significant increase of 11% over one year, reaching $1,953.

Despite the increases, real estate remains a profitable choice when it is well advised.

To sell or buy, contact us.

Article

The architecture of our home plays a vital role in our well-being, directly influencing our physical and emotional comfort.

Well-designed and bright spaces promote a calming atmosphere, creating an environment conducive to relaxation and conviviality at home 🏠.

I can help you find your comfort.

Contact me, I will be happy to assist you in this new beginning.