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Price increases accelerate across the Quebec City area: the median price of plexes surges and that of condominiums reaches the level of the last peak in 2013

Quebec City Real Estate Market: Free-Fall of Single-Family Home Inventory Slows the Market s Overactivity

Quebec City Real Estate Market: Free-Fall of Single-Family Home Inventory Slows the Market s Overactivity Quebec Professional Association of Real Estate Brokers (QPAREB) CANADA QUEBEC CITY, Feb. 03, 2021 (GLOBE NEWSWIRE) 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 January, based on the real estate brokers’ Centris provincial database. “The Quebec City area set a new sales record in January, as transactions jumped by 16 per cent compared to January of last year. However, this was the first month since June 2020 that the increase in sales was well below the 40 per cent mark, said Charles Brant, director of market analysis at the QPAREB. “This easing can be explained by two main factors: active listings have fallen by nearly two-thirds in the past 12 months in the single-family home categ

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