{"id":408803,"date":"2021-01-05T11:50:53","date_gmt":"2021-01-05T16:50:53","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=408803"},"modified":"2021-01-05T11:50:53","modified_gmt":"2021-01-05T16:50:53","slug":"strong-end-to-the-year-on-the-quebec-city-real-estate-market-with-another-record-increase-in-sales-and-prices","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/strong-end-to-the-year-on-the-quebec-city-real-estate-market-with-another-record-increase-in-sales-and-prices\/","title":{"rendered":"Strong End to the Year on the Quebec City Real Estate Market With Another Record Increase in Sales and Prices"},"content":{"rendered":"<h2>\nCentris Residential Sales Statistics \u2013 December 2020<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"justify\">QUEBEC CITY, Jan.  05, 2021  (GLOBE NEWSWIRE) &#8212; The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its residential real estate market statistics for the <strong>Quebec City Census Metropolitan Area (CMA)<\/strong> for the month of December, based on the real estate brokers\u2019 Centris provincial database.<\/p>\n<p align=\"justify\">\u201cA record number of 900 sales were concluded in December, largely surpassing the record that was set in 2019 for the same period. At this frenetic pace, market conditions continue to tighten rapidly in favour of sellers, resulting in price increases that have not been seen in 10 years, with the exception of condominiums,&#8221; said Charles Brant, director of market analysis at the QPAREB.<\/p>\n<p align=\"justify\">\n        <strong>December highlights<\/strong>\n      <\/p>\n<ul>\n<li>Residential sales up by 44 per cent in December, a new record in terms of the number of transactions.\n<\/li>\n<li>Record-setting sales increases in all areas of the Quebec City CMA, especially the Northern Periphery with an impressive increase of 66 per cent. This was followed by the Agglomeration of Quebec City (+45 per cent) and the South Shore (+25 per cent).\n<\/li>\n<li>All property categories posted record sales increases for a month of December: plexes (+ 61\u00a0per cent), condominiums (+53\u00a0per cent) and single-family homes (+38\u00a0per cent).\n<\/li>\n<li>Active listings registered a historic decline for a ninth consecutive month for single-family homes (54\u00a0per cent) and plexes (-41\u00a0per cent). Active condominium listings fell by 25 per cent.\n<\/li>\n<li>Median prices reached new highs: $367,500 for plexes (+25 per cent) and $283,000 for single-family homes (+11 per cent). Condominiums, whose market conditions are more balanced, continued their slow catch-up, registering a median price of $190,000 (-3 per cent).\u00a0<\/li>\n<\/ul>\n<p align=\"justify\">Additional information:<\/p>\n<p align=\"justify\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lNrZwxTr269ZJXNyzm20V_hW3raJhc77ljX_Tt2ELp361HK5zNoChE0LtHhv-c_I74NLYYR0Yvf1PhU0WILaYq2PdpmDcXfqhGM6e_8ZCMZ-3fZ08pOIifKweXGMH9ogDM60Nfc3ozAA4N4kCZZX_aU4t0v25MJ-rG_Rd-eHhUp0ppuaIE5grE96lZTbrJhmiQYooyixnmWp3idT8urvvg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Quarterly statistics \u2013 Barometer for the province of Quebec<\/a><br \/>\n        <br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=IQrJMbHotQJGThr-9WxKMrYfJ2h0YMyXfSQsWR65ARCyIxrEo8nDVEAwOSGJHMhezFlQZRMsIrWqTWL1yOHZbx0kg-UsGHgRSLR9Oa9llsiP2NHmWDHbS_jhV9MOfmAFdyVZl07MbNgUcNEAtNJ0DIHeBD_N6nrRmxgwbUxlD2AXfByxWmHkhu1Ve1omwDSJXTPj8MZsKdVUKzw6qM37LnDds7DihCkKE3ySmhZHLRM=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Detailed and cumulative (2020) statistics for the province and regions<\/a>\n      <\/p>\n<p align=\"justify\">If you would like additional information from the Market Analysis Department, such as specific data or regional details on the real estate market, please <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=tTBAAyvwPcKssbLCb0bQCM6y3mCEAFHdxnbE7aJ3nhEMpGbdzvsAVDMUT6hNaa6JNu1WpNWRrXe_h2ME6NM8iQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">write to us<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>About the Quebec Professional Association of Real Estate Brokers <\/strong>\n      <\/p>\n<p align=\"justify\">The Quebec Professional Association of Real Estate Brokers (QPAREB) is a non-profit association that brings together more than 13,000 real estate brokers and agencies. It is responsible for promoting and defending their interests while taking into account the issues facing the profession and the various professional and regional realities of its members. The QPAREB is also an important player in many real estate dossiers, including the implementation of measures that promote homeownership. The Association reports on Quebec&#8217;s residential real estate market statistics, provides training, tools and services relating to real estate, and facilitates the collection, dissemination and exchange of information. The QPAREB is headquartered in Quebec City and has its administrative offices in Montreal. It has two subsidiaries: Centris Inc. and the Coll\u00e8ge de l&#8217;immobilier du Qu\u00e9bec. Follow its activities at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ysKRZs2GGpOauC6k7h1H9Glx1I7Vo1AvdGKIr3XOHwcbTOhY57RPc86CTZ23jLcaJsYYS_h8tRjCkB2qTAjfKA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">qpareb.ca<\/a> or via its social media pages: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=NZ6vJS-KqpO4YeZJn4rlMRNuKc698URuOard9PhItFRHjrYf5Y-Et-5yvJVI8-JwOOA2QxsLKMY_URbwa9abI-CWWJCWqMnPbbaxI9iuG2g=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Facebook<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=XVabzdqfUEoH9vFid9yr25T6bc3kW94R6x5egezinFPHbyzuBB8Ey43qI6gD51ToVpcMV24jtCRM4GjNKLphHcd3yzvgZj4ypwDIB-o40yc=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">LinkedIn<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Z7DCWTQKyQFn4gHdyIsjmMtPpc7bHuoDloq8Gm7krON7aMty-ZYwOst2SlkwEa1jyQbtSeQblmAMWxcv0QkNyA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Twitter<\/a> and\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=G_6OlYqvb6SUYin-88rB5WK-DFY57x1zpK251npVJQyMWlDXtpxmsaGrJDIRTLwxFotjyBIf05oeOecQ1U34y0L-KqcJVEs7grsImoxzgZA=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Instagram<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>About Centris<\/strong>\n      <\/p>\n<p align=\"justify\">Soci\u00e9t\u00e9 Centris provides real estate industry stakeholders with access to real estate data and a wide range of technology tools. Centris tools are used by close to 14,000 real estate brokers, as well as other industry professionals. Centris also operates <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=7A_GUHkMTNpMawX8t2wwN78OG_MtKz9alqG5LIwpD6vR3rDMHMsxmvJizIYCn5N8_ES8-vkbMX3ZZOZJEibDRg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Centris.ca<\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=MKrbI2GM5tzlAWSGhCkEklCPcnwREsjtvHsH0gdp7e_hWRY_N0egrI8P8hhl6MsAcCuOlsa6MmVfpWplx-uK6A==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">,<\/a> the most visited real estate website in Quebec.<\/p>\n<p align=\"justify\">For more information:<\/p>\n<p align=\"justify\">\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wi8kMqDcFaWTikPzj04YMKKuETEuPE5BxMnvpWJ8_dC7IQyBOHbMwAaISf5RcMFdbfPpuEL5VCMWE9J7NPU_siRU-2Yn4QM5JKMGeqj2SRZdVYGd4UFCLftavdIR60i-\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Image bank<\/a>\u00a0(credit QPAREB) available free of charge.<\/p>\n<p align=\"justify\">\n        <strong>Marjolaine Beaulieu<\/strong><br \/>\n        <br \/>Publicist<br \/>Communications and Marketing<\/p>\n<p align=\"justify\">1-888-762-2440 or<br \/>514-762-2440, ext. 238<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jnYUkm9jzNOF5g5n4nPfcbxr0v5mAq6YMMJayUofpXEW-brJLoRiAAzdJU2x_Fh4ODPx-6-6NTNtzvmv3xB6XA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">media@qpareb.ca<\/a><\/p>\n<p>A table accompanying this announcement is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=AUn3CaqXDx_HIHRpUNrZl1eJOZtyMlZLov_AqdD3RFl9l7DCym56I3WcTQBQ2WMSmA70BP7dZ3j0SJrNU29B1nBXFfQhTH08SjvyiFnkj4AIGGNxAioCho1yJTp6bjVb5hrE2VJd1vMdTwFGDUPNo5NtVJAHiaOrTkZX98K3t-Ja9e4klOsxOv8w4Nabh19NsN_kCgaFeX9uz6_mS9eWdEgGb1lRRs0qF3vSMiPIytJnsl6Tq-8uomHqq1LpGgIVdjd0c2os5mJ4B_iD7RUXWw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/fa38e842-5e4a-4390-9e9c-62b4d6616001<\/a><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMDkxMCMzOTA1NDQzIzUwMDA2NzMwNw==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/f758ca9f-a9c2-4af0-8422-b2a1db1a3813\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Centris Residential Sales Statistics \u2013 December 2020 QUEBEC CITY, Jan. 05, 2021 (GLOBE NEWSWIRE) &#8212; The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its residential real estate market statistics for the Quebec City Census Metropolitan Area (CMA) for the month of December, based on the real estate brokers\u2019 Centris provincial database. \u201cA record number of 900 sales were concluded in December, largely surpassing the record that was set in 2019 for the same period. At this frenetic pace, market conditions continue to tighten rapidly in favour of sellers, resulting in price increases that have not been seen in 10 years, with the exception of condominiums,&#8221; said Charles Brant, director of market analysis at the QPAREB. December &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/strong-end-to-the-year-on-the-quebec-city-real-estate-market-with-another-record-increase-in-sales-and-prices\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Strong End to the Year on the Quebec City Real Estate Market With Another Record Increase in Sales and Prices&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-408803","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Strong End to the Year on the Quebec City Real Estate Market With Another Record Increase in Sales and Prices - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/strong-end-to-the-year-on-the-quebec-city-real-estate-market-with-another-record-increase-in-sales-and-prices\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Strong End to the Year on the Quebec City Real Estate Market With Another Record Increase in Sales and Prices - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Centris Residential Sales Statistics \u2013 December 2020 QUEBEC CITY, Jan. 05, 2021 (GLOBE NEWSWIRE) &#8212; The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its residential real estate market statistics for the Quebec City Census Metropolitan Area (CMA) for the month of December, based on the real estate brokers\u2019 Centris provincial database. \u201cA record number of 900 sales were concluded in December, largely surpassing the record that was set in 2019 for the same period. At this frenetic pace, market conditions continue to tighten rapidly in favour of sellers, resulting in price increases that have not been seen in 10 years, with the exception of condominiums,&#8221; said Charles Brant, director of market analysis at the QPAREB. December &hellip; Continue reading &quot;Strong End to the Year on the Quebec City Real Estate Market With Another Record Increase in Sales and Prices&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/strong-end-to-the-year-on-the-quebec-city-real-estate-market-with-another-record-increase-in-sales-and-prices\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-05T16:50:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMDkxMCMzOTA1NDQzIzUwMDA2NzMwNw==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/strong-end-to-the-year-on-the-quebec-city-real-estate-market-with-another-record-increase-in-sales-and-prices\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/strong-end-to-the-year-on-the-quebec-city-real-estate-market-with-another-record-increase-in-sales-and-prices\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Strong End to the Year on the Quebec City Real Estate Market With Another Record Increase in Sales and Prices\",\"datePublished\":\"2021-01-05T16:50:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/strong-end-to-the-year-on-the-quebec-city-real-estate-market-with-another-record-increase-in-sales-and-prices\\\/\"},\"wordCount\":578,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/strong-end-to-the-year-on-the-quebec-city-real-estate-market-with-another-record-increase-in-sales-and-prices\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODEyMDkxMCMzOTA1NDQzIzUwMDA2NzMwNw==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/strong-end-to-the-year-on-the-quebec-city-real-estate-market-with-another-record-increase-in-sales-and-prices\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/strong-end-to-the-year-on-the-quebec-city-real-estate-market-with-another-record-increase-in-sales-and-prices\\\/\",\"name\":\"Strong End to the Year on the Quebec City Real Estate Market With Another Record Increase in Sales and Prices - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/strong-end-to-the-year-on-the-quebec-city-real-estate-market-with-another-record-increase-in-sales-and-prices\/","og_locale":"en_US","og_type":"article","og_title":"Strong End to the Year on the Quebec City Real Estate Market With Another Record Increase in Sales and Prices - Market Newsdesk","og_description":"Centris Residential Sales Statistics \u2013 December 2020 QUEBEC CITY, Jan. 05, 2021 (GLOBE NEWSWIRE) &#8212; The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its residential real estate market statistics for the Quebec City Census Metropolitan Area (CMA) for the month of December, based on the real estate brokers\u2019 Centris provincial database. \u201cA record number of 900 sales were concluded in December, largely surpassing the record that was set in 2019 for the same period. At this frenetic pace, market conditions continue to tighten rapidly in favour of sellers, resulting in price increases that have not been seen in 10 years, with the exception of condominiums,&#8221; said Charles Brant, director of market analysis at the QPAREB. December &hellip; Continue reading \"Strong End to the Year on the Quebec City Real Estate Market With Another Record Increase in Sales and Prices\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/strong-end-to-the-year-on-the-quebec-city-real-estate-market-with-another-record-increase-in-sales-and-prices\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-05T16:50:53+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMDkxMCMzOTA1NDQzIzUwMDA2NzMwNw==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/strong-end-to-the-year-on-the-quebec-city-real-estate-market-with-another-record-increase-in-sales-and-prices\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/strong-end-to-the-year-on-the-quebec-city-real-estate-market-with-another-record-increase-in-sales-and-prices\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Strong End to the Year on the Quebec City Real Estate Market With Another Record Increase in Sales and Prices","datePublished":"2021-01-05T16:50:53+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/strong-end-to-the-year-on-the-quebec-city-real-estate-market-with-another-record-increase-in-sales-and-prices\/"},"wordCount":578,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/strong-end-to-the-year-on-the-quebec-city-real-estate-market-with-another-record-increase-in-sales-and-prices\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyMDkxMCMzOTA1NDQzIzUwMDA2NzMwNw==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/strong-end-to-the-year-on-the-quebec-city-real-estate-market-with-another-record-increase-in-sales-and-prices\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/strong-end-to-the-year-on-the-quebec-city-real-estate-market-with-another-record-increase-in-sales-and-prices\/","name":"Strong End to the Year on the Quebec City Real Estate Market With Another Record Increase in Sales and Prices - 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