MONEY GLOBE XCanadian housing
Quebec housing market: prices, building and jobs
Quebec's new home prices changed +1.3% over a year, and unemployment is 5.7%. Reading: balanced market.
New home prices, 1 year
+1.3%
6 months +0.3%
Housing starts, 1 year
-11%
latest 45.2k (annual rate)
Unemployment
5.7%
+0.4 points in a year
Reading
Balanced market
simple rule on official data
What the numbers say
- Prices up +1.3% over a year.
- Unemployment is steady at 5.7%.
- New building -11% over a year (less new supply coming).
- Nationally: The central bank has raised rates by 0.25 points in six months — this weighs on demand.
Prices are Statistics Canada's New Housing Price Index (new homes only; resale prices by province need a CREA licence). Latest data: 2026-09-01.
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Create a free accountUpdated November 10, 2026, 20:38 UTC. Sources: Statistics Canada, CMHC via Statistics Canada. Educational information only - not financial advice.