The inventory continues to decrease in Quebec.
According to data compiled by the Quebec Professional Association of Real Estate Brokers (QPAREB), 9,688 transactions were recorded in the province of Quebec in April 2022, a decrease of 20 per cent. Active listings are down 17 per cent and new listings declined by 14 per cent compared to April 2021.
Single-family homes saw the largest increase in the median price, up by 22 per cent. Plexes and condominiums follow closely with a 16 per cent increase respectively.
Here are the April 2022 median prices for a single-family home in the 6 CMAs along with the variation from April of last year.
- Montreal: $580,000 (+16 per cent)
- Gatineau: $498,400 (+21 per cent)
- Quebec City: $345,000 (+10 per cent)
- Sherbrooke: $360,000 (+20 per cent)
- Saguenay: $254,500 (+21 per cent)
- Trois-Rivières: $295,000 (+34 per cent)
For more detailed statistics, click here.