Sales Decrease in Quebec in August
A total of 7,062 residential sales transactions were concluded across Quebec in August, a 31% decrease compared to August of last year.
According to data compiled by the Quebec Professional Association of Real Estate Brokers (QPAREB ), 7,062 residential sales transactions were recorded in the province of Quebec in August 2021, a 31 per cent decrease compared to August of last year. Active listings also fell by 31 per cent and new listing dropped by 23 per cent compared to August of last year.
In terms of median price, the largest increase was for condominiums at 19 per cent, followed closely by single-family homes at 18 per cent. The median price of plexes grew by 10 per cent.
Here are the August 2021 median prices for a single-family home in the province’s six CMAs, along with the variation as compared to August of last year.
- Montreal: $500,000 (+17%)
- Gatineau: $400,000 (+24%)
- Sherbrooke: $312,000 (+20%)
- Quebec City: $310,000 (+13%)
- Trois-Rivières: $210,000 (+27%)
- Saguenay: $183,750 (-2%)
Click here to view detailed statistics.