Market Outlook 2017

According to the Quebec Federation of Real Estate Boards (QFREB) forecast for 2017, the median price of a single family home is expected to remain steady at $234,500 (for the province of Quebec) and will rise slightly (1%) in the Montreal Metropolitan Area, moving from $295,000 to $297,000.  This is good news for buyers.

The QFREB has predicted that the number of transactions in the province will decrease by 7%, while a more modest decrease of 5% is forecast for the Montreal Metropolitan area.

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