Home Sales Strong In Quebec

There were 112,476 residential sales transactions in 2020 in the province of Quebec. This represents a 17 per cent increase compared to transactions in 2019. It was also the highest number of sales ever registered since the real estate brokers’ Centris system began compiling market data in the year 2000, says the Quebec Professional Association of Real Estate Brokers (QPAREB). By property category, single-family homes stood out with a significant 18 per cent increase in sales across the province. Sales of plexes and condominiums also registered strong increases of 17 per cent and 13 per cent, respectively. Among the province’s metropolitan areas, Quebec City (28 per cent), Sherbrooke (22 per cent), and Gatineau (15 per cent) registered the largest increases in sales. Overall, sales in regions outside of the metropolitan areas experienced an even more dramatic increase in sales (31 per cent), all property categories combined. There was an average of 39,848 active listings on the Centris system in Quebec in 2020, a 29 per cent drop compared to 2019. This was the fifth consecutive annual decrease in active listings.