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Market Insight, Multi-Family, Province of Quebec, January Edition 2024 | Thierry Samlal

Thierry Samlal, Executive Vice President, PMML Capital Markets, presents the multi-residential statistics for the Province of Québec for the month of January 2024.

The Québec multi-family market in January 2024 was dynamic, with strong demand and abundant supply. Investors were spurred by refinancing, increasing liquidity. They adopted aggressive approaches in property management, supporting market values. Stability in short-term interest rates encourages continued acquisitions, but maintaining a balance between supply and demand remains crucial.