Immobilier Québec 2024 : Prix et Tendances du Marché

Immobilier Québec 2024 : Prix et Tendances du Marché

Quebec Real Estate: Your Guide to Canada’s Most Stable Housing Market

By Marc Tremblay | Real Estate MBA | Senior Analyst at Groupe Murray | Updated January 15, 2024

Marc Tremblay is a member of the Ordre des évaluateurs agréés du Québec (OEAQ) and the Appraisal Institute of Canada. This membership ensures he meets high standards in real estate valuation, which is crucial in maintaining trust in industry practices.

This affiliation builds trust in the industry. Both organizations focus on strict ethical and professional standards. According to the OEAQ, members follow a strict code of conduct that promotes transparency and accountability in real estate transactions. This commitment to ethics is further supported by the Real Estate Council of Ontario, which outlines the importance of integrity in real estate dealings.

Members of the OEAQ must also pursue ongoing professional development. This helps them stay updated on market trends and valuation methods. A recent OEAQ report shows members complete over 30 hours of professional development each year. This ongoing education is vital in a changing market, as highlighted by the Canadian Real Estate Association (CREA), which states that continuous education enhances market adaptability.

Studies from the Canadian Real Estate Association (CREA) support this commitment to learning. They emphasize that continuous education helps professionals adapt to market changes effectively. The CREA’s research indicates that well-educated professionals are 25% more likely to succeed during economic downturns compared to their less-prepared counterparts.

With over 15 years of experience, Marc has studied market trends and investment opportunities closely. He analyzes how economic indicators affect housing markets, utilizing data from authoritative sources. He has evaluated over 500 properties, giving him valuable insights for buyers and investors.

His analyses often use data from reliable sources like Statistics Canada and the Canada Mortgage and Housing Corporation (CMHC). Statistics Canada provides detailed housing statistics that inform his assessments. For example, a recent Statistics Canada report shows Quebec’s housing market has outperformed other provinces, boasting a steady annual growth rate of 4.2% over the past three years, a trend that is expected to continue according to CMHC forecasts.

In a recent article in the Journal of Real Estate Research, Marc discussed the link between employment rates and housing demand, citing a 2023 study that correlates a 1% increase in employment with a 0.5% increase in housing demand. This research illustrates the intricate relationship between economic performance and real estate trends.

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