120 results for real estate statistics
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Real estate statistics for the 3rd quarter of 2023: The rate hike is cooling things offThe months of July to September clearly show that, after a very active 2nd quarter, the market has toned down, returning to a similar energy level as was seen in the same quarter of 2022.
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Real estate statistics for the 4th quarter of 2023: More options but higher pricesSellers kept the market advantage in the fourth quarter despite a marked increase in new listings.
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Real estate statistics for the 2nd quarter of 2023: A slow, non-linear transitionFor the months of April to June, we clearly see conditions that are similar to those for the same quarter of 2022. This could be a sign that the market is improving, as compared to this year’s 1st quarter.
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Real estate statistics: Understanding the terms behind the numbersLet’s go back to the basics and define the terms used when discussing real estate statistics. This short guide will help you better understand the trends being reported on in our articles in The Real Estate Minute.
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4th Quarter 2022 Real Estate Stats: Growing choice for buyersLooking back, the months of October, November and December 2022 brought us very close to a market that would have buyers and sellers on equal footing. See the statistics for the 4th quarter of 2022 and our forecasts for the beginning of 2023 in this Real Estate Minute.
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Bill 5 on Real Estate Brokerage: The End of Double RepresentationThe Bill 5 is a means of regaining control of the market.It includes two significant amendments to the Real Estate Brokerage Act. Discover them!
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3rd Quarter 2022 Real Estate Stats: The shift toward a balanced market beginsThe most recent quarter is confirming the trends that had been observed previously: a growing inventory of properties, decreasing selling prices and less overbidding. Here’s our snapshot of the 3rd quarter of 2022 and our forecasts for the future in the Quebec market: The Real Estate Minute.
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5 facts you should know about legal protection in real estateMany homeowners mistakenly believe that doing business with a real estate broker will protect them from any number of situations. But in fact, all real estate transactions get exactly the same legal protection.
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1st Quarter 2022 Real Estate Stats: Full Speed Ahead Before a Slowdown?Last year’s trends continued during the 1st quarter of 2022, with a marked increase in property prices, the fastest selling times yet, and a still small inventory. The Real Estate Minute takes stock of the market in Quebec and analyzes the statistics for the 1st quarter of 2022.
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1st Quarter 2023 Real Estate Stats: A fragmented market in the provinceFor a long time, the market moved at the same pace province-wide, but we are now seeing increasing disparities between areas. Here is our analysis of the statistics for the first quarter of 2023 and our forecast of what’s coming next, in The Real Estate Minute.
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2nd Quarter 2022 Real Estate Stats: Heading for a Changing Market in QuebecThe second quarter of 2022 marked a turning point in trends prevailing in the province since 2020. To prepare for what the market has in store for the rest of the year, let’s have a look at the statistical data from April to June 2022 in this Real Estate Minute.
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3 tips for negotiating with a buyer’s real estate brokerYou’ve chosen to sell your house without a go-between? Smart decision! While you’ll be in direct contact with some buyers, others may be represented by a real estate agent (broker) when shopping for their future home. Here’s what you need to know to successfully negotiate with a broker.
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Hiring an appraiser to find out your home’s valueProviding a precise and impartial estimate is the essence of what an appraiser does. So they’re the expert to turn to when it’s time to determine your home’s market value. Learn more about the role of appraisers in real estate and about the reasons to hire one!
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The 2021 real estate market off to a flying startPressure is rising in Quebec’s real estate market and shows no signs of letting up. The latest government restrictions had no impact on activity and the real estate boom seems to be ramping up as Quebec’s moving date, July 1st, approaches.
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3 reasons to sell your home commission-freeSelling your home by yourself is not a decision to be made lightly, but it could be the best option for you. It’s true that selling without an agent requires time, energy and organization. But, with professional support and adapted tools, it’s also likely simpler than you imagine.
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4th Quarter 2021 Real Estate Stats: Property Sellers Are on a RollSelling has never been easier but buying is a whole other story. To give you a clearer view of the situation, here’s the Quebec Real Estate Pulse for the 4th quarter of 2021.
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How to find out how much a home has sold forThe real estate market is always changing, so using verified and verifiable information when comparing prices can help make the sale of your home go smoothly. Here's how you can find out how much properties have sold for.
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How to sell a home in 2024You’re putting your home up for sale in 2024. After the overheated market of the last few years, a new reality means that homeowners must revise some selling strategies.
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What is a real estate bubble?When the real estate market becomes exceptionally strong very quickly, observers may become concerned that a real estate bubble phenomenon is occurring. But what exactly does that mean?
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Why the pandemic shook up the real estate marketReal estate had a spectacular year in 2020 and the market frenzy hasn’t cooled down yet in 2021. Prices are rising, selling times are revving up and over-market bids are turning heads! But why is all this activity happening while Quebec is in the midst of a pandemic?
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How to sell land: Complete guide for sellers in QuebecSelling land means attracting a different type of buyer: visionaries. It can be more complicated or take longer to find the right person. To help you sell, we have prepared a complete guide on selling a lot or land in Quebec.
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The Quick Real Estate MinuteThe latest real estate stats for the Province of Quebec: median selling price, average selling time, inventory of properties, variation of policy interest rate.
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Who pays for what at the notary’s?If you’re getting ready to go to the notary’s office, you are in the final stage of your real estate transaction. But who will have to pay the notary’s invoice? Whether you’re about to buy or sell a property, it’s better to be well-informed to avoid unpleasant surprises.
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How to estimate the value of a home without the municipal assessmentIf you’re thinking of selling your home or refinancing with the bank, you will need to determine the market value of your property by means of a thorough appraisal. Relying only on the last municipal assessment would be a serious mistake that could potentially lose you a lot of money.
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What’s the outlook for the real estate market in 2021?The year 2020 was an exceptional one for real estate. So, early this year, the whole industry waited anxiously to hear how it would be impacted by the stricter health measures announced for January 6. It was with relief that we learned that all activities for the purposes of a real estate transactio
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Overview of the current real estate marketAlthough the real estate market has recently shown signs of slowing, it is still very favourable to sellers. Let’s have a look at the market statistics, focusing on the data from June 2022 compared to the same month in 2019.
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The importance of photos in real estate listingsAs a seller, you only have a few seconds to capture someone’s attention. Here are a few tips to create a photo album that will draw people to your listing.
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Who are the real estate professionals?Buying or selling a home is a wonderful venture, but it requires a little help along the way. There are several industry professionals who will help make sure your real estate project is a success.
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Real estate industry still going strong this fallSeveral months have passed, each similar to the last, since the resumption of real estate activities in May. Even the second wave of COVID-19 infections and several Quebec regions being declared red zones do not seem to have shaken property sellers’ and buyers' confidence.
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A historic 2020 for DuProprio and real estateThe year 2020 will go down in history as one of the busiest ever in Quebec real estate. The roller-coaster ride of constantly changing COVID-19 health measures didn’t dampen buyers’ interest. As a result, several key market indicators went through the roof.
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Is the real estate market still red-hot?For months now, the real estate market has been booming due to a combination of a high demand from buyers and a low inventory of available properties.
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Should you sell or renovate? How to make the best decisionMany people wonder whether they should sell or renovate their home when it no longer suits their needs. Here are a few things to consider.
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Montreal housing market: prices and trendsWill it be easier to break into the Montreal housing market in 2024? Fluctuating interest rates will determine future trends.
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4 steps to sell your homeChanging jobs? Expecting an addition to the family? Kids leaving the nest? It may be time to sell the house and start a new chapter!
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Should you disclose offer amounts to potential buyers?We know the real estate market is under pressure, with properties selling above asking and sellers receiving multiple offers.This has led to a debate on transparency: should the amount of offers be disclosed during real estate transactions?
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Where to live: Everything you need to know about choosing your cityWhere should you live? There are several factors to consider to find the ideal city to live in.
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DuProprio and the Real Estate Brokerage ActParti Québécois member Carole Poirier is reported as saying that “DuProprio does not provide comprehensive consumer protection” and that the Real Estate Brokerage Act (REBA) needs to be reviewed to rectify this.
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DuProprio celebrates two wins against the real estate brokerage industryDuProprio is celebrating two new legal victories against the real estate brokerage industry this year. The recent court cases pitting DuProprio against the QPAREB and the OACIQ are the third and fourth wins for our company, in three different legal proceedings.
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A record summer for real estate and for DuProprioMost experts had predicted that things would get very busy this summer after weeks of lockdown in the spring that caused a standstill in the real estate market.
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Which should come first: Selling your home or buying a new one?When planning to move, many owners wonder: is it better to sell your current home before looking for a new one, or to find a new place before selling? Unfortunately, there’s no one-size-fits-all answer.
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What’s the best time of the year to sell a home?Most people ask themselves this question when thinking of putting their property on the market. Is there really a “best time” to sell? Even if you want to take advantage of those times of year when potential buyers are very active, you should know that every season has advantages.
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Hidden defects: How to identify and prevent them and what to do about themTo avoid trouble down the line, it’s important to identify, prevent and respond to hidden defects when you decide to buy real estate.
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DuProprio.com is the most liked real estate site in Quebec!We’ve known for many years that Quebecers are naturally turning to DuProprio.com when looking for a property. But now we know that our site is the most liked real estate site in Quebec!
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La Facture shines a light on the protection provided by real estate brokersThe brokerage industry has long said that people are better protected when they sell with a real estate broker rather than directly to a buyer. But this isn’t true.
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Overbidding: the reality in Quebec's real estate market during the pandemicSince spring 2020, competition among buyers has been so fierce that overbidding is now the trend throughout the province. This, higher selling prices and faster selling times are all influenced by market conditions, never by whether a property is sold with or without an agent.
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Common-law partners: What you need to know about buying a propertyLet’s take a look at the different scenarios for purchasing property as common-law partners, and for transferring or buying back a share. Get some practical tips for living together harmoniously.
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The difference between a seller’s and a buyer’s marketWhen it comes time to buy or sell a property, buyers and sellers wonder if they’re in a seller’s market or a buyer’s market. The answer provides a good indication of how to proceed with their real estate project.
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DuProprio: 25 years of helping Quebecers sell their homesIt all started in Lévis, Quebec, in 1997, when 21-year-old Nicolas Bouchard founded DuProprio. Armed with a cell phone and a computer, he had no doubt that his service to help homeowners sell without a broker would revolutionize the real estate industry.
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5 reasons why your house might not be sellingWhy isn’t a home selling? Several things could be to blame: the price the neighbourhood, the property’s appearance or market conditions.
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Questions to ask a potential buyerYou’ve put your property on the market and are waiting for potential buyers to contact you. Before scheduling a visit, we recommend asking a few questions. It’s an easy way to find out if the buyers are serious or just curious. This will keep you, and them, from wasting time and energy.
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Brigitte Lafleur: Driven by passion for real estateWith the new year, Brigitte Lafleur will be starting a new real estate project, hot on the heels of selling her luxurious home in Mont-Saint-Hilaire. This was the sixth property she sold with the help of DuProprio.
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CMHC’s rule-tightening will have little impact on the real estate marketThe Canada Mortgage and Housing Corporation (CMHC) has tightened the eligibility criteria for its mortgage loan insurance. The restrictions are an attempt to reduce housing-related debt and prevent problems for certain Canadian households should house prices fall significantly.
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New logo, same promisesTwenty-five years ago, DuProprio’s colourful little house first appeared on “For sale by owner” signs and in the real estate industry. With pride in the road travelled, it is now time for us to revamp our image and, more importantly, reaffirm our commitment.
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Property prices: Ranking of cities with the highest growth since 2020Since 2020, all residential property types gained in value, but single-family homes were most affected, experiencing a price hike of 41% on average in the province. It’s a good time to rank the cities in Quebec that experienced the strongest growth since then.
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How to decide whether you should buy a home or rentIt it better to buy or rent a property in Quebec? The answer: It depends! Read our short guide to learn the questions to ask yourself and the factors to weigh to make an informed decision.
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How to back out of an offer to purchaseFind out what you need to do if you want to back out of a home purchase offer. It is very difficult, but not impossible. Here are your options.
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The offer to purchase: Everything you need to knowAn offer to purchase, also known as a promise to purchase, is a written document in which a person agrees to purchase a property. Learn all that it entails before submitting or accepting an offer!
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Buying a new or existing home: Which is right for you?New or previously owned? When it's time to buy, this is a question that comes up. Each choice has its own pros and cons.
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5 tips for writing a property listing that sells!Writing the description for your listing is an important step in putting a home on the market. But don’t worry, it’s not very complicated. After all, who knows more about your home and neighbourhood than you?
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How long do you have to live in your principal residence before selling?How long do you have to live in a principal residence before selling to avoid paying capital gains tax? A minimum of 12 months or 365 days.
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Making sense of mortgage foreclosures and bankruptcyDo you really know how mortgage foreclosure or bankruptcy works? Let’s look at the question together.
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Selling your home in spring: Pros and consWhen spring comes to Quebec, the snow melts, multicoloured tulips bloom and the terrasses reopen. There’s nothing quite like the joy in the air on those first warm days! So it’s not surprising that plans to buy a property, which had stayed on ice all winter, also reappear in the spring.
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Invest the same amount of time and keep your moneyWhen you sell your home, you have to invest a minimum amount of time, no matter how you sell it. The advantage of selling with the help of DuProprio is that the time you invest also saves you a substantial amount of money.
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New sales record for DuProprio in 2018Boosted by a very active market in 2018, DuProprio has set a new record by helping 20,850 Quebec homeowners sell their property. This is an 8% increase1 over 2017.
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Selling a second home in Quebec: It’s easy!Are you thinking of putting your cottage on the market, but have heard that selling a second home in Quebec is complicated? It’s really not. Armed with the right information and a game plan, you can stop putting it off. Here's what you need to know before you start.
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Buying a multigenerational homeMultigenerational homes, which have long been part of the Quebec real estate landscape, continue to draw interest. For those wanting to buy a house this year, here are the pros and cons of owning a multigenerational home.
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Selling with DuProprio’s help: The preferred option of the Protégez-Vous panelDuProprio is the company most appreciated by Quebecers for its real estate services, according to Protégez-Vous.
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Is your certificate of localisation still valid?A certificate of localisation generally stays valid for 10 years, but certain factors can render it null and void before then.
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What is a preliminary contract?The preliminary contract defines the mutual commitments between the two parties when buying a new build or a property under construction. Find out more!
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How to sell a house fastWondering how to sell a house fast? Regardless of what the real estate market is doing, these tips can help you make a quick sale.
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Buying off plan: How to protect yourselfBuying off plan is a common practice that has several advantages, provided that you know how it works and all that is involved!
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Selling an inherited propertyEstate sales can be quite a complicated process. Here's what you need to know about the legal procedures, the costs to expect, and more!
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The legal warranty: Protection against hidden defectsThe legal warranty in real estate offers the buyer protection in the event of hidden defects. Find out more in our article!
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What is the notary’s role when you buy a house?In Quebec, all real estate transactions have to go through a notary. The buyer usually chooses which one to go to.
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The advantages of selling commission-free in a fast-moving marketThe real estate sector has grown exponentially in last few months. With the number of sold properties consistently exceeding the number of new listings, inventory is at its lowest level for both houses and condos.
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5 tips to promote your property through social networkingMillions of people around the world use social media. You can use these sites to sell your property by following a few basic guidelines. Find out how your Facebook, Twitter and Instagram accounts can attract hundreds of Internet users to your listing.
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The 7 documents to have on hand when selling your homeYou need a few documents when selling a property, be it to provide information to a potential buyer or finalize the transaction at the notary’s office. Here are the documents you should have on hand:
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Selling in a buyers’ marketUnfortunately, when the real estate market favours buyers, it makes things harder for sellers. The main impacts are that homes take longer to sell and the average selling price goes down.
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A 3D virtual tour lets you feel like you’re thereA 3D virtual tour is an ideal way to view a property, especially when you can’t go in person. This tool lets you continue your plans to buy or sell, while respecting the social distancing measures to limit the spread of the coronavirus (COVID-19).
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Buying a duplex: Knowing the ropesBuying a duplex is an investment that offers many advantages, whether it’s to live with loved ones or rent it out.
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How to respond to an offer to purchaseHow to respond correctly to an offer to purchase? This guide will show you the best way to proceed.
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Buying a farm: What you need to know beforehandBefore buying a farm, it’s critical to understand the unique challenges involved in this lifestyle. Here’s what you need to know!
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How credit rating impacts a property purchaseWhether your credit rating is good, average or poor, find out what impact it has on a potential property purchase and what solutions are available to improve your score.
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The DuProprio app is backDuProprio is back with an all-new, revamped and improved mobile application. Download it now on your phone!
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A complete guide to mobile homesBuying a mobile home is a creative way to acquire property in today’s real estate market. Here’s everything you need to know.
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5 factors that impact selling timeSeveral things can affect how much time it takes for a property to sell. Even though each owner has the power to influence the selling time in various ways, some aspects are outside their control.
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3 reasons for organizing an open houseAn open house is an absolute must when you’re putting your home on the market, because it lets you meet multiple potential buyers within a short time.
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Setting your asking price by using comparablesA good asking price is the key to a successful real estate transaction. Analyzing comparables is the method of choice for experts and owners wanting to estimate the value of a property.
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3 renovation ideas to increase your home’s valueTo avoid wasting your time (and money!) on unnecessary improvements, here’s how you can add value to your home while getting the most out of your efforts.
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Buying a house in an overbidding contextBuying a house in a market where properties are selling like hot cakes is not always easy. Buyers—who may need to make offers on several properties before one is accepted—will have to arm themselves with patience.
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Selling over the asking price: how to prepare, negotiate and decideIn a market saturated with buyers and not enough properties for sale, sellers are in a position of power. If their type of property is in high demand, they can expect to receive multiple offers to purchase in a short amount of time.
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Fall shopping: 50 residential projects to tour during the 2022 Open House WeekendsPresented by DuProprio, the Open House Weekends for Fall 2022, which will take place October 15–16 and October 22–23, from 1 to 5 p.m., will offer visitors a range of discovery activities in about 50 residential sales or rental offices in the Great Montreal.
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The new rule for flipped properties in CanadaSince January 1, 2023, flipped properties in Canada have been subject to a new measure aiming to stop speculation and encourage property prices to come down. Discover the implications of this tax, nicknamed “the anti-flipping rule.”
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Common-law partners: What you need to know about selling a propertyWhether you're planning to sell a property owned by you and your partner to move to a new home, or are selling a home after separating, find out the different implications of selling as common-law spouses.
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Divided vs. undivided co-ownership: all the differencesDiscover the differences between divided and undivided co-ownership. Find the information you need and make the right buying decision with our guide!
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The DNCL: A tool to counter phone solicitationFor DuProprio sellers, like all other Canadian consumers, the National Do Not Call List is a truly invaluable tool. However many people aren’t aware of it. Learn what it is and how it can have a positive impact on a day-to-day basis!
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Everything you need to know about buying landBefore buying a parcel of land, it’s important to look over several documents to carefully assess its potential and make an informed decision.
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Everything you need to know about the welcome taxFind out how to calculate the property transfer tax, better known as the “welcome tax,” in a few simple steps.
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How to make a staycation really feel like a vacationWith a little imagination, you have everything at hand to create the perfect holiday destination in your own backyard. Get inspired by these creative ideas from our clients and by the latest trends.
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3 principles to know when setting your asking priceIt can’t be said often enough: setting a good asking price is the key to success when selling real estate. The price must be justified and competitive to get the most from your property sale. And it’s really not that complicated to sort out.
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How to prepare your home to sellIt doesn’t take a magic wand to make your property irresistible to buyers, just a little time. A tidy house that’s in good condition and has a neutral decor will inspire confidence. In just a few days, you can give yourself the best possible odds of enticing potential buyers.
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Filling out the Declaration of the Seller transparently: Why it’s so importantFind out what the obligations of the “Declaration of the Seller” are, how to fill it out transparently and how to protect yourself.
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5 tips for visiting a home efficientlyVisiting a home is a natural step in the process of buying a property. Not only do you have to check whether it’s in good condition, but you also have to determine whether it meets your needs.
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Plan your move like an expertThe best way to make your next move a painless experience is to be well prepared. Turn a difficult day into a productive one with these tips, which will help you work more efficiently, so you can enjoy your new home as quickly as possible.
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5 tips for selling your property in the summerSummer may be vacation time for most people, but the real estate market doesn’t take a break! Hundreds of homes are sold in summer. So, here are our 5 tips to help make yours one of them.
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Green homes: Tips and advice for eco-friendly renovationsWe’re all trying to do our part to help the environment, and there are many ways we can do just that in our homes. There are several quite simple things we can do to make our homes greener.
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7 Factors That Lower the Price of Your HomeThe price of a home is often determined by the simple economic fact of supply and demand. However, those aren’t the only factors playing a role in the price of your house. Never forget that the price a buyer is willing to pay is ultimately based on how much your home is worth.
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3 profitable tips for selling your propertyFor most Quebecers, their home is their most important financial asset. In addition to the emotional value attached to a home, most people also invest a great deal of time and money into it.
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"I've always received great service" – André from Québec CityAndré Delisle of Québec City sold his Sainte-Foy home early this summer, celebrating his fifth sale with the help of DuProprio’s services. The sale was marked by the COVID-19 pandemic, but also his participation in our advertising campaign in the months that followed.
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“I hadn’t expected that!” – Suzanne, from Prévost, QuebecSuzanne Francoeur was a little anxious when she put her house up for sale with DuProprio’s services in September 2020. She wanted to sell her place to move in with her partner. With the encouragement of friends, the young retiree was determined to manage it herself, though the idea made her nervous.
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20 questions to ask when buying a houseFind out if a house really meets your needs and if it is in good condition with these 20 questions to ask during the tour.
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More than one offer: Which to accept?It's possible to receive several bids at the same time. Priority order, acceptance deadline: learn how to manage multiple bids.
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Buying in a flood-prone area: What you need to knowBuying in a flood-prone area is far from straightforward. Here’s all the information you need before buying a waterfront property.
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Everything you need to know about the new-home guaranteeThe new-home guarantee, also known as the residential building guarantee, offers protection from construction defects and flaws.
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What grants are available to renovate my home?Planning renovations to sell your home, upgrade it or make it more energy efficient? You could be eligible for grants from the provincial or federal government. Here’s an updated list as of spring 2024.
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5 ways to know whether you’re an informed buyerWant to buy a house but are waiting for that golden opportunity? That’s great, but telling a great deal from a lemon requires at least a basic understanding of real estate.
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3 things to think about before buying a cottagePurchasing a cottage requires as much forethought and preparation as buying a home. Here are three key points to consider before making the leap.
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What are the expenses involved in buying a home?Whether or not you’re buying your first home, it’s important to understand what costs await, to avoid being caught short. Here are 15 expenses to consider when buying a house in Quebec.
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Tiny homes: An alternative with lots of benefitsWith the many advantages they offer, tiny homes are gradually establishing themselves across Quebec. Here’s a complete reference guide.
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The 4 features of a good asking priceSetting the right asking price is key to ensuring a successful transaction. First, the price has an impact on buyers’ interest in your property. And, second, if you’ve done your homework, this will make the job of negotiating a price with the buyer much easier.
