Skip to main content

OCTOBER 2013 RENTAL MARKET IN QUEBEC

OCTOBER 2013 RENTAL MARKET IN QUEBEC

The rental apartment vacancy rate in  the province of Quebec’s urban  centres was 3.1  per cent in  October 2013,  relatively  unchanged from  3.0  per cent in  October 2012,  according  to  the  fall  Rental  Market  Survey  results  released  today  by  Canada  Mortgage  and Housing Corporation (CMHC).

“In  general,  the addition of new units to the rental housing supply is  still  slow in several large urban centres  in Quebec.  Meanwhile,  demand  has  remained  sustained  overall.,” said  Kevin Hughes, CMHC’s Regional Economist for the province of Quebec.


On the basis of a sample of structures common to both the  2012 and 2013 surveys, the average rent for  two-bedroom  apartments  increased  by  1.7  per  cent  in  the  province.  This  rate  reflects  those observed for the other bedroom types.

Regionally, most of the province’s 45 urban centres did not see any change in their vacancy rates compared to October 2012.

Nearly half of them did not register any statistically  significant changes, and most of those that did posted increases that were relatively small overall.

About the author

Québec Landlords Association

Join now

Not already member of the APQ ?

Take advantage of all our services by joining now

This site uses cookies in order to provide you with the best possible user experience. By continuing to browse this site, you agree to the use of cookies.