September 7, 2022

The Market Continues to Slow in August Across the Province

5 929 sales were concluded in August across the province, which represents a decrease of 15 per cent compared to August 2021.

According to data compiled by the Quebec Professional Association of Real Estate Brokers (QPAREB), 5 929 transactions were recorded in the province of Quebec in August 2022, a decrease of 15 per cent. Active listings are up 21 per cent and new listings increased by 14 per cent compared to August 2021.

Plexes saw the largest increase in the median price, up by 18 per cent. Single-family homes increase by 9 per cent and condominiums by 6 per cent.

Here are the August 2022 median prices for a single-family home in the 6 CMAs along with the variation from August of last year.

  • Montréal : $525,000 (+5 per cent)
  • Gatineau : $440,000 (+10 per cent)
  • Québec : $335,000 (+8 per cent)
  • Sherbrooke : $350,000 (+12 per cent)
  • Saguenay : $235,000 (+28 per cent)
  • Trois-Rivières : $288,000 (+37 per cent)

For more detailed statistics, click here.


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