Average house price in Quebec, Canada 2018-2023, with a forecast by 2025
The average price for a house in Quebec stood at approximately 487,000 Canadian dollars in 2023 and was set to increase slightly in the next two years. In 2025, the average price is forecast to reach 512,000 Canadian dollars. Meanwhile, the national average house price was forecast to pick up in 2025. Compared to other provinces, Quebec was the third-most expensive province to buy housing in Canada, after British Columbia and Ontario.
Quebec
Located on the eastern side of Canada, Quebec had an estimated population of almost nine million people in 2022. It is the second most populated province in Canada, and the second-largest by land size, as it is three times the size of Texas. The largest city in Quebec is Montreal, which is close to the Vermont border in the United States. The median total family income in Quebec has been steadily rising since 2000.
Housing Prices in Canada
Housing prices in Canada vary province to province. The most expensive average house price was in British Columbia in 2022. Vancouver, the most populated city in British Columbia, is known for its high-priced real estate market. However, housing prices all over Canada have increased in the past couple of years.