During a life, some owners will live in many properties and others will stay in the same house for several years. But what is the average holding time of a house or condominium in Quebec? In this publication, discover what the median holding period for a single-family home and a condominium is for a household in Quebec. By analyzing the holding period of people who sold their property between 2015 and 2017, JLR was able to establish the moment where 50% of buyers in 2018 will have resold their property..
The data is obtained from the records compiled by JLR from the Quebec Land Register.
OVER 50%
of buyers will have sold their house in the first 12 years after the purchase
9 YEARS
MEDIAN HOLDING PERIOD OF CONDOMINIUMS
7%
possibility of reselling after 5 years of house ownerships
16 years
Longest median holding period for a region
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.
