The multi-residential market is supported by the stability of interest rates, your market insights

Discover the latest statistics presented by Thierry Samlal, Executive Vice President, PMML’s Capital Markets. Supported by stable interest rates, the multi-residential transaction market in Quebec continued to grow in April 2024. The transaction highlight of the month was the sale of a building in downtown Montreal, priced at a cost per unit of $184,000, which required renovations but demonstrated investor confidence. Other transactions include properties in Ahuntsic, Saint-Hubert, Lévis, Beauport, Joliette, and Limoilou, reflecting a dynamic provincial market with stable prices and opportunities for optimization.