montreal real estate stats

Montreal Real Estate Stats 4th Quarter 2016

Montreal Real Estate Stats 4th Quarter 2016

After a healthy and strong Montreal real estate market in 2016, this last quarter is looking to be a bit weaker here in the last quarter. Here are some of the preliminary numbers courtesy of the QFREB Market Analysis Department:

Housing Starts Decreased in Québec in the Fourth Quarter of 2016

According to preliminary data from the Canada Mortage and Housing Corporation (CMHC), there were 8,783 housing starts in Québec centers with 10,000 or more inhabitants during the fourth quarter of 2016. This represents a drop of 5 per cent compared to the same period in 2015. However, the census metropolitan area (CMA) of Gatineau, Saguenay and Trois-Rivières posted an increase in housing starts.

 

Bonnie Meisels
buymontrealrealestate@gmail.com
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