Policy2.25%Prime4.45%5Y posted6.09%
BOC · Official series

V105 CITY PROFILE · QC

Quebec City

Balanced rental + rising prices · baseline updated February 2026.
Market trends →
Benchmark price$365,000 6.2%
Average 2BR rent$1,2772.4% vacancy
Estimated mortgage$1,897/mobaseline assumption
Population839.3K2021 census baseline

Market scores

Affordability92

Relative purchasing accessibility compared with local incomes.

Rental competition84

Higher scores indicate a tighter rental market.

Investment potential72

Composite yield, growth and market-balance signal.

New construction14

Recent housing construction and permit momentum.

Market activity78

Price movement and buyer-activity conditions.

Buyer demand41

Population, migration and housing-demand pressure.

Housing supply66

How closely housing supply is keeping pace with demand.

Overall score74

Combined market, affordability, supply and demand rating.

Housing economics

Price-to-rent ratio
23.82
Gross rent yield
4.2%
Payment-to-rent ratio
1.486×
Building permits
$199M
Stress-test rate
8.09%
Historical payment median
$2,147