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MLS Residential Statistics - The Third Quarter of 2012 Residential Sales Transactions in The Province of Qu�bec, Canada- Qu�bec Federation of Real Estate Boards (QFREB)

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MLS Residential Statistics - The Third Quarter of 2012 Residential Sales Transactions in The Province of Qu�bec, Canada- Qu�bec Federation of Real Estate Boards (QFREB) Powered By Docstoc
					                                                                       Juin 2011



                                          Province   Province of Québec



                         Census Metropolitan Areas   Gatineau
                                                     Montréal
        janvier        Janvier                       Québec City
              février Février                        Saguenay
               mars Mars                             Sherbrooke
                  avril Avril                        Trois-Rivières
                  mai Mai
                 juin Juin
               juillet Juillet
                                  Agglomerations     Drummondville
                août Août                            Granby
        septembre Septembre                          Joliette
             octobre Octobre                         Mont-Tremblant
         novembre Novembre                           Rimouski
         décembre Décembre                           Rouyn-Noranda
        Q1
                   e
                  4 trimestre de                     Sainte-Adèle
        Q2             Q2                            Sainte-Agathe-des-Monts
        Q3             Q3                            Saint-Hyacinthe
        Q4             Q4                            Saint-Jean-sur-Richelieu
                                                     Saint-Lin-Laurentides
                                                     Saint-Sauveur
                                                     Salaberry-de-Valleyfield
                                                     Shawinigan
                                                     Sorel-Tracy
                                                     Val-d'Or
                                                     Victoriaville

                                                     Definitions and explanatory notes


Québec Federation of Real Estate Boards                                                  www.qfreb.ca
                                                                                                 Third quarter of 2012


                                               Statistics Summary



                                                                Sales                 Median price (single-family)
                                                                         Variation                           Variation
Province of Québec                                   15,212                   -6%          $217,500                2%

Metropolitan Areas
  Gatineau                                               841                 -11%          $231,950                4%
  Montréal                                             7,175                  -7%          $277,750                3%
  Québec City                                          1,288                 -14%          $239,000                5%
  Saguenay                                               303                  -4%          $170,000                1%
  Sherbrooke                                             343                   0%          $182,500                4%
  Trois-Rivières                                         208                   0%          $149,000                4%

Agglomerations
  Drummondville                                          111                 -12%          $155,000                 6%
  Granby                                                 160                  13%          $193,000                 6%
  Joliette                                                84                  12%          $174,000                 5%
  Mont-Tremblant                                          84                  -2%          $202,450                -6%
  Rimouski                                                93                 -18%          $172,059                 2%
  Rouyn-Noranda                                           81                  -2%          $210,000                10%
  Sainte-Adèle                                            89                  -9%          $205,000                -4%
  Sainte-Agathe-des-Monts                                 56                  10%          $178,250               -13%
  Saint-Hyacinthe                                        101                   3%          $205,000                 1%
  Saint-Jean-sur-Richelieu                               202                 -11%          $229,250                 7%
  Saint-Lin-Laurentides                                   69                  17%          $174,950                10%
  Saint-Sauveur                                          166                  11%          $252,000                10%
  Salaberry-de-Valleyfield                                92                  12%          $166,509                -1%
  Shawinigan                                              87                  -5%          $120,000                 0%
  Sorel-Tracy                                             97                   1%          $155,000                -5%
  Val-d'Or                                                63                  40%          $182,000                 0%
  Victoriaville                                           82                  -2%          $135,250                11%


** Insufficient number of transactions to produce reliable statistics.                                                   Back


Note: The rates of change are calculated in relation to the same quarter of the previous year.
Definitions and Explanatory Notes


The QFREB offers more detailed statistics and in-depth analyses
in its MLS® Barometer - Residential Market publications.




Source: QFREB by Centris ®
                                                                                                                  Q3 - 2012


                                                 Province of Québec

Summary of MLS® Activity
                                                        Total Residential
                                                                 Q3 - 2012                         2012 Cumulative
Sales                                                          15,212          -6%                 62,575             4%
New Listings                                                   35,132          -2%                124,959             3%
Active Listings                                                62,996           7%                 65,024            10%
Volume                                              $3,931,918,817             -3%         $16,252,178,057            8%


Detailed Statistics per Property Category
                                                          Single-Family
                                                                 Q3 - 2012                         2012 Cumulative
Sales                                                          10,895          -4%                 43,796             4%
Active Listings                                                42,979           5%                 44,864             8%
Median Price                                                $217,500            2%               $225,000             4%
Average Days (days)                                                 98            8                    93               6

                                                          Condominium
                                                                 Q3 - 2012                         2012 Cumulative
Sales                                                           3,045         -10%                 13,359             3%
Active Listings                                                14,240          20%                 14,168            18%
Median Price                                                $215,000            3%               $210,000             2%
Average Days (days)                                               107            13                    96               9

                                                       Plex (2 to 5 units)
                                                                 Q3 - 2012                         2012 Cumulative
Sales                                                           1,175         -15%                   5,080            0%
Active Listings                                                 5,089           2%                   5,262            4%
Median Price                                                $350,000            9%               $345,000             5%
Average Days (days)                                                 86            4                    85               8

** Insufficient number of transactions to produce reliable statistics.                                                    Back

Note: The rates of change are calculated in relation to the same quarter of the previous year.

Definitions and Explanatory Notes

The QFREB offers more detailed statistics and in-depth analyses
in its MLS® Barometer - Residential Market publications.


Source: QFREB by Centris ®
                                                                                                                    Q3 - 2012


                                         Gatineau Metropolitan Area
                                                                             ↑                                  ↓     ↔

Summary of MLS® Activity
                                                        Total Residential
                                                                 Q3 - 2012                           2012 Cumulative
Sales                                                             841           -11%                   3,136            2%
New Listings                                                    1,786            5%                    6,162            10%
Active Listings                                                 2,349           19%                    2,276            17%
Volume                                                 $203,336,751             -8%             $752,818,169            6%


Detailed Statistics per Property Category
                                                          Single-Family
                                                                 Q3 - 2012                           2012 Cumulative
Sales                                                             663           -10%                   2,495            3%
Active Listings                                                 1,822           15%                    1,777            15%
Median Price                                                $231,950             4%                $230,000             3%
Average Days (days)                                                 66             4                     64               4

                                                          Condominium
                                                                 Q3 - 2012                           2012 Cumulative
Sales                                                             119           -8%                     417             -1%
Active Listings                                                   359           67%                     335             46%
Median Price                                                $168,000            12%                $167,000             8%
Average Days (days)                                                 62             6                     63               1

                                                       Plex (2 to 5 units)
                                                                 Q3 - 2012                           2012 Cumulative
Sales                                                               57          -28%                    221             3%
Active Listings                                                   163            2%                     158             -7%
Median Price                                                $255,000             0%                $262,275             5%
Average Days (days)                                                 62           -18                     77              13

** Insufficient number of transactions to produce reliable statistics.                                                      Back

Note: The rates of change are calculated in relation to the same quarter of the previous year.

Definitions and Explanatory Notes

The QFREB offers more detailed statistics and in-depth analyses
in its MLS® Barometer - Residential Market publications.


Source: QFREB by Centris ®
                                                                                                                  Q3 - 2012


                                         Montréal Metropolitan Area
                                                                             ↑                                ↓     ↔

Summary of MLS® Activity
                                                        Total Residential
                                                                 Q3 - 2012                         2012 Cumulative
Sales                                                           7,175           -7%                32,660             4%
New Listings                                                   16,813           -1%                61,247             3%
Active Listings                                                25,499            8%                27,095             10%
Volume                                              $2,327,959,121              -4%        $10,318,963,980            7%


Detailed Statistics per Property Category
                                                          Single-Family
                                                                 Q3 - 2012                         2012 Cumulative
Sales                                                           4,167           -6%                19,281             5%
Active Listings                                                13,317            2%                14,725             6%
Median Price                                                $277,750             3%              $273,000             3%
Average Days (days)                                                 80             6                   77               4

                                                          Condominium
                                                                 Q3 - 2012                         2012 Cumulative
Sales                                                           2,290           -9%                10,228             3%
Active Listings                                                 9,692           20%                  9,719            18%
Median Price                                                $230,000             2%              $225,000             3%
Average Days (days)                                               100             12                   91               9

                                                       Plex (2 to 5 units)
                                                                 Q3 - 2012                         2012 Cumulative
Sales                                                             711           -13%                 3,128            0%
Active Listings                                                 2,422            1%                  2,579            4%
Median Price                                                $425,000             5%              $415,000             4%
Average Days (days)                                                 77             7                   76              10

** Insufficient number of transactions to produce reliable statistics.                                                    Back

Note: The rates of change are calculated in relation to the same quarter of the previous year.

Definitions and Explanatory Notes

The QFREB offers more detailed statistics and in-depth analyses
in its MLS® Barometer - Residential Market publications.


Source: QFREB by Centris ®
                                                                                                                  Q3 - 2012


                                           Québec City Metropolitan Area
                                                                             ↑                                ↓     ↔

Summary of MLS® Activity
                                                        Total Residential
                                                                 Q3 - 2012                         2012 Cumulative
Sales                                                           1,288           -14%                5,775             4%
New Listings                                                    2,739           -1%                 9,942             4%
Active Listings                                                 4,491           10%                 4,595             15%
Volume                                                 $334,448,231             -7%         $1,475,813,562            10%


Detailed Statistics per Property Category
                                                          Single-Family
                                                                 Q3 - 2012                         2012 Cumulative
Sales                                                             897           -12%                3,981             5%
Active Listings                                                 2,681            7%                 2,817             10%
Median Price                                                $239,000             5%              $238,100             4%
Average Days (days)                                                 89             4                   83               5

                                                          Condominium
                                                                 Q3 - 2012                         2012 Cumulative
Sales                                                             313           -16%                1,431             3%
Active Listings                                                 1,515           21%                 1,461             26%
Median Price                                                $198,000             7%              $195,000             7%
Average Days (days)                                               113             20                  100              18

                                                       Plex (2 to 5 units)
                                                                 Q3 - 2012                         2012 Cumulative
Sales                                                               77          -29%                  360             -5%
Active Listings                                                   285           -9%                   308             6%
Median Price                                                $296,000            10%              $280,000             8%
Average Days (days)                                                 83             6                   84              11

** Insufficient number of transactions to produce reliable statistics.                                                    Back

Note: The rates of change are calculated in relation to the same quarter of the previous year.

Definitions and Explanatory Notes

The QFREB offers more detailed statistics and in-depth analyses
in its MLS® Barometer - Residential Market publications.


Source: QFREB by Centris ®
                                                                                                                    Q3 - 2012


                                        Saguenay Metropolitan Area
                                                                              ↑                                 ↓     ↔

Summary of MLS® Activity
                                                        Total Residential
                                                                 Q3 - 2012                           2012 Cumulative
Sales                                                             303            -4%                   1,158            7%
New Listings                                                      481            0%                    1,948            8%
Active Listings                                                   826            13%                    861             11%
Volume                                                  $55,227,587              0%             $215,331,513            13%


Detailed Statistics per Property Category
                                                          Single-Family
                                                                 Q3 - 2012                           2012 Cumulative
Sales                                                             259            0%                     976             6%
Active Listings                                                   651            14%                    673             11%
Median Price                                                $170,000             1%                $178,000             7%
Average Days (days)                                                 85             0                     81              -3

                                                          Condominium
                                                                 Q3 - 2012                           2012 Cumulative
Sales                                                               23             **                     71             9%
Active Listings                                                     89           12%                     98             22%
Median Price                                                         **            **               $158,000             4%
Average Days (days)                                                  **            **                     97               6

                                                       Plex (2 to 5 units)
                                                                 Q3 - 2012                           2012 Cumulative
Sales                                                               21             **                    110             7%
Active Listings                                                     85           7%                      89             9%
Median Price                                                         **            **               $186,250             8%
Average Days (days)                                                  **            **                     76              -7

** Insufficient number of transactions to produce reliable statistics.                                                      Back

Note: The rates of change are calculated in relation to the same quarter of the previous year.

Definitions and Explanatory Notes

The QFREB offers more detailed statistics and in-depth analyses
in its MLS® Barometer - Residential Market publications.


Source: QFREB by Centris ®
                                                                                                                    Q3 - 2012


                                      Sherbrooke Metropolitan Area
                                                                             ↑                                  ↓     ↔

Summary of MLS® Activity
                                                        Total Residential
                                                                 Q3 - 2012                           2012 Cumulative
Sales                                                             343            0%                    1,362            0%
New Listings                                                      761            2%                    2,656            1%
Active Listings                                                 1,507           12%                    1,529            10%
Volume                                                  $78,006,127              4%             $292,601,738            0%


Detailed Statistics per Property Category
                                                          Single-Family
                                                                 Q3 - 2012                           2012 Cumulative
Sales                                                             268            2%                    1,038            -1%
Active Listings                                                 1,059            8%                    1,091            9%
Median Price                                                $182,500             4%                $189,000             3%
Average Days (days)                                               113             14                     98               7

                                                          Condominium
                                                                 Q3 - 2012                           2012 Cumulative
Sales                                                               40          -26%                    182             -4%
Active Listings                                                   265           27%                     259             18%
Median Price                                                $168,158            16%                $153,000             3%
Average Days (days)                                               142             23                    122             -13

                                                       Plex (2 to 5 units)
                                                                 Q3 - 2012                           2012 Cumulative
Sales                                                               34             **                    138             15%
Active Listings                                                   170           11%                     165             1%
Median Price                                                $211,000               **               $217,750             13%
Average Days (days)                                                 63             **                     79             -13

** Insufficient number of transactions to produce reliable statistics.                                                      Back

Note: The rates of change are calculated in relation to the same quarter of the previous year.

Definitions and Explanatory Notes

The QFREB offers more detailed statistics and in-depth analyses
in its MLS® Barometer - Residential Market publications.


Source: QFREB by Centris ®
                                                                                                                    Q3 - 2012


                                    Trois-Rivières Metropolitan Area
                                                                              ↑                                 ↓     ↔

Summary of MLS® Activity
                                                        Total Residential
                                                                 Q3 - 2012                           2012 Cumulative
Sales                                                             208             0%                    819             8%
New Listings                                                      348            -16%                  1,388            1%
Active Listings                                                   651             0%                    721             9%
Volume                                                  $31,280,345              -3%            $128,299,293            7%


Detailed Statistics per Property Category
                                                          Single-Family
                                                                 Q3 - 2012                           2012 Cumulative
Sales                                                             153            -4%                    633             5%
Active Listings                                                   447            -1%                    500             6%
Median Price                                                $149,000              4%               $150,000             1%
Average Days (days)                                               104              22                    93              13

                                                          Condominium
                                                                 Q3 - 2012                           2012 Cumulative
Sales                                                               22              **                    65             44%
Active Listings                                                   100            52%                    101             53%
Median Price                                                         **             **              $130,000             8%
Average Days (days)                                                  **             **                   113              -5

                                                       Plex (2 to 5 units)
                                                                 Q3 - 2012                           2012 Cumulative
Sales                                                               32           -3%                    117             7%
Active Listings                                                     99           -20%                   113             -5%
Median Price                                                $138,350              8%               $147,000             8%
Average Days (days)                                               113              11                   108              16

** Insufficient number of transactions to produce reliable statistics.                                                      Back

Note: The rates of change are calculated in relation to the same quarter of the previous year.

Definitions and Explanatory Notes

The QFREB offers more detailed statistics and in-depth analyses
in its MLS® Barometer - Residential Market publications.


Source: QFREB by Centris ®

				
DOCUMENT INFO
Description: MLS Residential Statistics - The Third Quarter of 2012 Residential Sales Transactions in The Province of Qu�bec - Qu�bec Federation of Real Estate Boards (QFREB). According to the real estate brokers' provincial database, there were 15,212 residential sales transactions in the province of Qu�bec. in the third quarter of 2012, indicated the Qu�bec Federation of Real Estate Boards (QFREB). This represents a 6 per cent decrease compared to the third quarter of 2011 and the first drop in sales after four consecutive quarterly increases. Sales fell for all three property categories across the province. Single-family home sales registered the smallest decrease at 4 per cent, with 10,895 homes sold. The decrease in condominium and plex sales was more significant, as sales for these property categories fell by 10 and 15 per cent, respectively, with 3,045 and 1,175 transactions. "At this time of the year in 2011, the Qu�bec real estate market was fuelled by condominiums," explained Paul Cardinal, Market Analysis Manager at the QFREB. "Thanks to a 10 per cent increase in condominium transactions, residential sales increased in Qu�bec. This year, there were fewer condominium buyers in the urban centres of Montr�al, Qu�bec City, Gatineau and Sherbrooke," he added. The number of residential properties for sale in Qu�bec by a real estate broker continued to grow for a ninth consecutive quarter. While the supply of plexes and single-family homes posted modest increases of 2 and 5 per cent, respectively, in the third quarter of 2012 compared to the same period last year, the number of condominiums for sale was 20 per cent higher. Prices continued to increase in the third quarter of 2012 for all property categories. The median price of single-family homes in Qu�bec rose by 2 per cent to reach $217,500.