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Quebec Real Estate Market Returns to Strong Growth in First Quarter

Retrieved on: 
Wednesday, April 10, 2024
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L’ÎLE-DES-SŒURS, Quebec, April 10, 2024 (GLOBE NEWSWIRE) -- The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its residential real estate market statistics for the province of Quebec , based on the real estate brokers’ Centris provincial database.

Key Points: 
  • L’ÎLE-DES-SŒURS, Quebec, April 10, 2024 (GLOBE NEWSWIRE) -- The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its residential real estate market statistics for the province of Quebec , based on the real estate brokers’ Centris provincial database.
  • Province-wide residential sales reached 21,337 in the 2024 first quarter, up by 17 per cent compared to the same quarter in 2023.
  • The number of active listings reached 36,666 province-wide, up by 20 per cent compared to the 2023 first quarter.
  • Active listings for the Quebec City CMA fell by 4 per cent compared to the same quarter of last year.

J.P. Morgan Private Bank Introduces South and Midwest Regions

Retrieved on: 
Wednesday, May 24, 2023
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NEW YORK, May 24, 2023 /PRNewswire/ -- J.P. Morgan Private Bank today announced the addition of the South and Midwest Regions to increase the business's dedicated regional leadership, encourage talent mobility, and position the Private Bank for significant continued growth. The two new divisions are part of the Private Bank's broader Central Region, which includes more than 700 employees and approximately $300 billion in client assets, and is led by Chief Executive Officer of the Central Region, Elaine Agather.

Key Points: 
  • NEW YORK, May 24, 2023 /PRNewswire/ -- J.P. Morgan Private Bank today announced the addition of the South and Midwest Regions to increase the business's dedicated regional leadership, encourage talent mobility, and position the Private Bank for significant continued growth.
  • "The Private Bank has ambitious growth plans across the country, and the Central Region is an important part of those plans," said David Frame , Chief Executive Officer, J.P. Morgan U.S.
  • The South Region is led by Pete Chilian , Region Head, and Clinton Warren , Region Head of Investments & Advice.
  • The Private Bank has seen steady growth across these states, having doubled in assets over the last five years.

Quarterly Window on the Real Estate Market: The Quebec real estate market ends the year on a high note with strong price increases

Retrieved on: 
Tuesday, January 11, 2022
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The fourth quarter closed the year on a strong note, a year marked by an unprecedented imbalance in the Quebec real estate market in favour of sellers.

Key Points: 
  • The fourth quarter closed the year on a strong note, a year marked by an unprecedented imbalance in the Quebec real estate market in favour of sellers.
  • Sales of single-family homes saw an 8 per cent decline, hampered by an insufficient number of properties on the market to meet the strong demand.
  • Across the province, the median price of a single-family home jumped by 24 per cent from 2020 to reach $365,000.
  • The Quebec Professional Association of Real Estate Brokers (QPAREB) is a non-profit association that brings together more than 13,300 real estate brokers and agencies.