In this January market update, Mikael Kurkdjian, Senior VP, Chartered Real Estate Broker and PMML Partner, reviews the latest multifamily transactions and 12-month trends across Quebec.

Key topics include:

- Major January deals in Gatineau, Montreal, and Quebec City

- Pricing differences between new builds and older assets

- Provincial performance: 2,677 transactions and $7.1B in volume

- Regional breakdown: Montreal, Montérégie, Laval, Estrie, Outaouais, and Quebec City

- Cap rates ranging from ~3.96% to ~5.43% depending on the market

🎯 Overall, Quebec’s multifamily market remains stable, with strong demand and opportunities driven by asset type and location.

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