Real Estate in the News: QPAREB Sets the Record Straight

Recent events surrounding the practices of some real estate brokers in Quebec call for a clarification and a reminder that brokers work daily in the interests of their clients.

Press Release - November 5, 2023

Booming market and shortage of listings: Quebec City CMA continues to stand out

Press Release - November 6, 2023

Market Slowdown in October: Sales Take a Hit Due to an Increasingly Challenging Environment

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Quarterly Window on the Real Estate Market – Third Quarter of 2023

The Quarterly Window on the Real Estate Market for the third quarter of 2023 are now available.

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Statement from the QPAREB | Real Estate Brokers Work Every Day in the Interests of Their Clients

L’Île-des-Sœurs, le 7 novembre 2023 – La récente actualité entourant la pratique de certains courtiers immobiliers au Québec impose une mise au point. D’abord, soulignons que l’Association professionnelle des courtiers immobiliers du Québec (APCIQ) déplore tous comportements et actions répréhensibles qui nuisent grandement à l’image de la profession.

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Booming market and shortage of listings: Quebec City CMA continues to stand out

Quebec City, November 6, 2023 – The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its residential real estate market statistics for the month of October 2023. The most recent market statistics for the Quebec City Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database.

The Quebec City CMA posted 729 residential sales during the month of October 2023. This represents an increase of 89 transactions, up 14 per cent compared to October 2022. Note that this is the third highest level of transactional activity for this time of year since the Centris system began compiling market data in 2000.

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Market Slowdown in October: Sales Take a Hit Due to an Increasingly Challenging Environment

L’Île-des-Sœurs, November 6, 2023 – The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its residential real estate market statistics for the month of October 2023. The most recent market statistics for the Montreal Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database.

Residential sales in the Montreal CMA territory totalled 2,675 in October 2023. This is a decrease of 2 per cent or 65 transactions compared to the same period last year. It should be noted that this is the second-lowest level of transactional activity recorded for this time of year since Centris began compiling market data in 2000.

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Working with a broker

A real estate transaction is a complex and detail-oriented process that requires a thorough knowledge of the real estate market. It also requires the ability to manage the commercial, financial and legal aspects of a transaction, and the capacity to negotiate effectively. Real estate brokers are experts in these areas. Their services ensure that you successfully complete all of the steps involved in a transaction, in addition to guaranteeing you the legal protections provided by the Real Estate Brokerage Act.

Become a real estate broker

If you are passionate about real estate and human relations, and want to be your own boss, then the real estate broker profession is probably for you! To find out more, contact the academic advisors at the Collège and they will show you how to get into this profession quickly, thanks to our flexible schedules.

Find a property or a broker on Centris.ca

Centris.ca is Quebec’s real estate industry website for consumers, grouping all properties for sale by a real estate broker under the same address.