ABOUT THIS PUBLICATION
In this report, you will find out what proportion of single-family homes sold could have been acquired by a household earning the median income. Also, discover how this evolved with the latest mortgage tightenings. Acquisition capacity was also measured from the median income in 50 cities in Quebec.
$277,172
Maximum price paid by a household earning the 2015 Median Income
$229,087
maximum price paid by a household earning the median income following the mortgage tigthenings
49%
of houses have been sold at a price lower than $299,087 in 2016
Cote-St-Luc
region where the 2015 median income did not allow to buy any house with an interest rate of 4.84%
Joanie Fontaine M.SC.
Senior Economist
Joanie joined JLR in 2014. As Senior Economist, Joanie specializes in the analysis of statistical data on the real estate market. She publishes studies on the subject that are often well received by the Quebec media and writes for her column on the blog '''Les Affaires'', a French-language newspaper. Joanie was also lecturer at the Université de Sherbrooke, institution where she got her Master of Science in Economics.
