Multi-Family Housing Market

Portrait of 2 to 5-Unit Properties for the First 5 months of 2020

Rapport JLR

ABOUT THIS PUBLICATION

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.

 

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Highlights

-4%

Decrease in Sales of 2 to 5-unit During the First 5 Months of 2020 

+4% to +7%

Variation of Median Price of Multiplexes in 2019 compared to 2018

$500,000

Median Price of Properties with 4 to 5 Units Sold between January and May 2020

+11%

Increase in the Median Price of Duplexes in Montreal Compared to the First 5 Months of 2019

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To be informed on the Quebec real estate market trends

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To convey the right information to your customers.

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To help you make the right decisions.

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To get accurate, complete and reliable data.

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