Quebec’s provincial real estate market performed well in 2009, with sales increasing by 3 per cent over 2008 for a total of 79,185 MLS® sales transactions, according to the Quebec Federation of Real Estate Boards (QFREB).

“Quebec’s real estate market, with three consecutive quarterly increases in sales, finished the year on a positive note even though sales decreased by 19 per cent in the first three months of the year,” said Michel Beausejour, FCA, Chief Executive Officer of the QFREB. “Despite the economic downturn, sales increased by 3 per cent in 2009 compared to 2008, showing that Quebec’s real estate market is quite stable.”

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Tags: Michel Beausejour, Montreal, QFREB, Quebec, Quebec Federation of Real Estate Boards, Real Estate, Saguenay, Sherbrooke, Trois-Rivieres