ABOUT THIS PUBLICATION
The market of luxury properties has been expanding for some time now in Quebec. Each year, serveral properties are purchased for over 1M$. In this study, see how the number of sales and prices of luxurious single-family homes and condominiums have evolved and find out where these luxiourius properties are located.
The statistics come from records compiled by JLR from the Quebec Land Register.
+50%
Increase in the number of sales of properties of more than 1M$ in 2020
$1,350,000
Median Price Paid for a luxurious single-family home in 2020 in Quebec
$1,239,400
Median price of luxury condominiums sold in Quebec in 2020
3%
of properties of more than 1M$ have been puchased by foreign buyers
Katherine Torres M.SC.
Economist
Katherine joined JLR in 2020. As part of her day to day activities at JLR, she analyzes the various components of the real estate market and publishes statistical studies using the data found in JLR’s extensive database. Throughout her career, she worked for various financial institutions, where she specialized in investment and risk. Katherine holds a Master of Science in Financial Economics.
