Housing Affordability The Gap Widens Between Quebec Regions, According to a New QPAREB Study

Image for article Housing Affordability The Gap Widens Between Quebec Regions, According to a New QPAREB Study
News Source : Financial Post

News Summary

  • All of Quebec’s regions have seen a deterioration in single-family home affordability over the past 10 years.
  • Household incomes have increased by only 15 to 25 per cent, after taxes and adjusted for inflation.
  • The continuing rise in prices leaves little hope that affordability will improve anytime soon.
  • In Montreal, nearly half of a family's income is used to cover mortgage payments.
  • This difference may influence households considering whether to settle on the island or in the surrounding areas, says Hélène Bégin, QPAREB Senior Economist.
LLEDESSURS, Quebec, Nov. 27, 2025 (GLOBE NEWSWIRE) All of Quebecs regions have seen a deterioration in singlefamily home affordability over the past 10 years. Yet, according to a new comprehensiv [+5028 chars]

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