June 23, 2020

A Region to Discover: Bas-Saint-Laurent

[A Region to Discover is a new way to showcase the different regions of Quebec by presenting economic and real estate data, tourist attractions and more. A different region will be featured every month.]

Overview of the region

According to data from the Institut de la statistique du Québec, the population of the Bas-Saint-Laurent region was 197,322 in 2019. The unemployment stood at 5.4 per cent in January 2020. The region is becoming increasingly dynamic and benefits from a diversified economy, as small- and medium-sized businesses bring stability to the region. The main cities in the Bas-Saint-Laurent region are Rimouski (57,419 inhabitants), Rivière-du-Loup (34,710 inhabitants) and Matane (20,860 inhabitants). (Source: https://www.stat.gouv.qc.ca/statistiques/profils/region_01/region_01_00_an.htm)

Tourist attractions in the region

One of the wonders of the Bas-Saint-Laurent region is, without a doubt, its sunsets. The proximity of the shoreline and the islands scattered throughout the river make this daily spectacle even more impressive. How could you not fall under its charm? Well established on the south shore of the river, the geography of Bas-Saint-Laurent is characterized by the Appalachians that cross it from east to west, bordered by the Matapédia and Témiscouata valleys.

In harmony with nature

Life in Bas-Saint-Laurent allows you to get away without having to go very far. Venture out to Pohénégamook beach to enjoy one kilometre of fine sand, to the Île aux Lièvres where a day is not enough to explore all its attractions, or to the Portes de l'Enfer canyon with its 300 steps to reach the Rimouski River and its giant wooden labyrinth. There is no shortage of outdoor activities.

A rich heritage

For history buffs, the Pointe-au-Père maritime site allows you to visit and even sleep aboard a real submarine. The wreck of the famous Empress of Ireland is also located there and its museum is open to visitors. Culture plays an important role in Bas-Saint-Laurent, integrating itself throughout the territory and stretching across the region.

Picturesque places

Whether it’s the village of Kamouraska with its ancestral homes and general store, the community of Île Verte, which lives at the mercy of the tides, or the frescoes, arts and heritage circuit in the town of Mont-Joli, living in Bas-Saint-Laurent allows you to discover the "world’s good life reserve", as described by its tourist office.

Welcoming artisans

There are many Bas-Saint-Laurent products available and they are easy to access through the Saveurs du Bas-Saint-Laurent network. The region abounds in agri-food discoveries that combine tradition, originality and know-how. Chocolate factories, cheese stores, farms, fisheries, maple groves, sea gardens, gourmet markets... There are many choices available. Inhabitants of the region can buy their products directly from artisan producers and processors. It’s the perfect way to buy local.

The real estate market in Bas-Saint-Laurent

Statistics for May 2020

The residential real estate market in the Bas-Saint-Laurent region registered a 26 per cent decrease in sales in May 2020 compared to May of last year. To learn more about real estate activity in May and the impact of the COVID-19 pandemic, read our press release (in French). The median price of single-family homes was unchanged compared to May of last year. The number of active listings fell by 21 per cent and the number of new listings dropped by 37 per cent compared to May of 2019. Residential real estate market statistics for the Bas-Saint-Laurent region based on data from the real estate brokers’ Centris provincial database.

Statistics for the first quarter of 2020

The first quarter of 2020 was marked by a 27 per cent increase in sales in the Bas-Saint-Laurent region. The number of new properties for sale fell by 13 per cent for a total of 698 properties, while the number of active listing dropped by 9 per cent. In terms of prices, the median price of single-family homes stood at $165,000, an increase of 15 per cent compared to the first quarter of 2019. For more first quarter statistics for the Bas-Saint-Laurent region, click here.

Zooming in on Rimouski

In the first quarter of 2020, a total of 166 residential sales were concluded in the agglomeration of Rimouski, a 41 per cent decrease compared to the first quarter of 2019. The median price of single-family homes increased by 7 per cent, as half of all transactions were concluded at more than $187,000. In terms of residential supply, the number of active listings fell by 21 per cent in the first quarter of 2020. Are you thinking of buying or selling a property in the Bas-Saint-Laurent region? See the properties for sale and contact a real estate broker.

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