Housing crisis: 8 cities where rent prices are exploding in Quebec

While the housing crisis affects all of Quebec, the rise in rents is not felt only in the major urban centres. Here are 8 cities in which the price of rental accommodation has increased significantly:

• Read also: Housing: Québec Solidaire will table a bill to tackle clause F

Gatineau

The city of Gatineau will be the most affected with an average increase of 10.4% in rents for all types of housing combined, according to a study by the Canada Mortgage and Housing Corporation (CMHC).

Shawinigan

The city of Shawinigan, in Mauricie, ranks second in the CMHC ranking with an average increase of 9.2%.

Sherbrooke

The city of Sherbrooke, in Estrie, is coming equally with Shawinigan to complete the top-3 of the standings. The price of rents also experienced an average increase of 9.2%.

Salaberry-de-Valleyfield

In Salaberry-de-Valleyfield, in Montérégie, the average increase in rents was 8.2%.

Saint Hyacinthe

Also in Montérégie, housing prices increased by an average of 8.1% in Saint-Hyacinthe.

Jonquière

The city of Jonquière, in Saguenay, is not left out. It also experienced an average increase in rents of 8.1%.

Sainte Marie

The city of Sainte-Marie, in Chaudières-Appalaches, has observed an average increase in the price of rental housing of 7.9%.

South Chicoutimi

Back in Saguenay, rents rose an average of 7.6% in Chicoutimi-Sud.

Source: Rental market report of the SCHL

See also

Share:

Facebook
Twitter
Pinterest
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.