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“Quebec’s residential resale market demonstrated exceptional vitality in 2025 despite an economic environment marked by high uncertainty. The continued decline in interest rates, combined with the extension of the maximum mortgage amortization period from 25 to 30 years, helped support household purchasing power and maintain a high level of transactional activity throughout the year, despite a slight weakening in the fourth quarter. However, this dynamic unfolded in a context of persistently insufficient active listings, particularly for single-family homes, thus intensifying the structural imbalance between supply and demand in several markets,” observes Charles Brant, QPAREB Market Analysis Director.
