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The Quick Real Estate Minute The Quick Real Estate Minute

The Quick Real Estate Minute

Last updated on July 11, 2024

June 2024
Province of Quebec

Median selling price

The selling price in the middle of the series of transactions, when placed in ascending order. Calculated by type of property, it is not affected by extremes like the average selling price can be.

Selling prices for single-family homes, condos and plex in Quebec
Source: Real Estate Radar at JLR.ca

Average selling time

The average number of days between the date the property is initially listed (or the date the real estate brokerage contract is signed) and the date of the sale, that is, the date the offer to purchase is accepted and all the conditions have been met or withdrawn.  

Selling time for single-family homes, condos and plex in Quebec
Source: DuProprio and the QPAREB (Detailed Monthly Statistics)

Inventory of properties

The number of properties available on the real estate market for the entire province, counted on the last day of the month.

Inventory of properties in Quebec
Source: DuProprio and the QPAREB (Detailed Monthly Statistics)

Variation of policy interest rate

policy interest rate variation since March 2022
Source: bankofcanada.ca

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