Lower vacancy rates and stable rents
Based on the CMHC’s recent report on the rental market, the vacancy rate for apartments in Quebec fell from 4.4% in October 2016 to 3.4% in October 2017.
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Based on the CMHC’s recent report on the rental market, the vacancy rate for apartments in Quebec fell from 4.4% in October 2016 to 3.4% in October 2017.
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The CMHC released its vacancy forecast in the most recent edition of the Housing Market Outlook report.
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The proportion of households that rent in Quebec was just over 50% until 1971, then gradually declined to 39.8% in 2006 before reaching 38.7% in 2011.
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The median price of plexes (two to five units) sold in Quebec in the third quarter of 2017 was $380,000, which is 6% higher than the same period in 2016. According to the Barometer QFREB for the third...
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