August 5, 2021

Quebec registers a drop in residential sales in July

A total of 7,567 residential sales transactions were concluded across Quebec in July, a 32% decrease compared to July 2020.

 

According to data compiled by the Quebec Professional Association of Real Estate Brokers (QPAREB ), 7,567 residential sales transactions were recorded in the province of Quebec in July 2021, a 32 per cent decrease compared to July of last year. Active listings fell by 33 per cent and new listing dropped by 29 per cent compared to July of last year.

In terms of median price, the largest increase was for single-family homes at 21 per cent, followed closely by condominiums at 19 per cent. The median price of plexes grew by 5 per cent.

Here are the July 2021 median prices for a single-family home in the province’s six CMAs, along with the variation as compared to July of last year.

  • Montreal: $500,500 (+18%)
  • Gatineau: $410,000 (+28%)
  • Quebec City: $315,000 (+15%)
  • Sherbrooke: $298,750 (+13%)
  • Saguenay: $206,000 (+2%)
  • Trois-Rivières: $229,950 (+29%)

Click here to view detailed statistics.

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