The multi-family housing market is often excluded from the analysis of the residential market. Here is a detailed portrait of this market for the province of Quebec. Find out about the number of sales and the median price for properties with 2 to 5-unit in the Province and by CMAs. This study also presents the elements to be monitored next year and an outlook for the market during and after the pandemic crisis.
The sales statistics come from records compiled by JLR from the Quebec Land Register.
+74%
Increase in Sales of 2 to 5-unit During the First 4 Months of 2021
+3% to +8%
Variation of Median Price of Multiplexes in 2020 compared to 2019
$480,000
Median Price of Properties with 4 to 5 Units Sold between January and April 2021
+11%
Increase in the Median Price of Duplexes in Montreal Compared to the First 4 Months of 2020
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.
