📊 Quebec Multifamily Market Update : Transactions, Trends & Pricing Pressure

In this update, Mikael Kurkdjian, Senior VP & Chartered Real Estate Broker reviews major recent deals, including:

• A $70M portfolio in Montreal

• A 163-unit trophy asset near McGill

• A $55M REIT sale in Villeray

📊 Over the past year:

• 2,722 transactions

• $7.2B in volume

• Median price: $168K/unit

• Cap rates around 4.3%

💡 With rising prices and compressed cap rates, investors are adapting with new strategies including creative financing.

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