Land sales have increased in the suburbs of the Greater Montreal Area

Your market insights, Land and Multifamily New Construction Sales for the province of Quebec – February 2024.

Data shows that interest rates are stabilizing, which is fuelling enthusiasm for real estate development in a housing shortage context. Land sales have increased in rural areas, particularly near Montreal, with transactions involving developers, municipalities, and private investors purchasing lands of all sizes, signalling a dynamic real estate market in several regions of Quebec.

Discover the latest market statistics for lands, presented by Thierry Samlal, Executive Vice President of PMML Capital Markets.