Half of Quebec City Condos Selling Above List Prices
La moitié des condos à Québec se vendent au-dessus des prix affichés
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AI Article Summary
In Quebec City, nearly half of the condominiums sold in April fetched prices above their initial list prices, according to the Quebec Professional Association of Real Estate Boards. This surge in sales, attributed to falling interest rates and buyer confidence, marked a 12% year-over-year increase in total sales. While condos saw the most significant rise with a 21% increase, single-family homes and income properties also experienced noteworthy sales growth. This trend persists despite various economic and geopolitical uncertainties, mirroring the housing market dynamics during the COVID-19 pandemic.