Québec 2025 - Rental housing at the heart of investments

The Quebec real estate market is entering a new phase: that of rental housing. With a persistent shortage of affordable housing and historically low vacancy rates, the need for new rental units is more pressing than ever.

Strong Growth in Housing Starts

In 2025, nearly 52,000 new housing starts are projected in Quebec, the majority of which will be dedicated to rental apartments. This represents an increase of nearly 10% compared to 2024, an impressive growth demonstrating that the market is adapting to the real needs of the population.

Most Promising Segments

• Affordable and mid-range housing: demand is soaring in this segment as many households can no longer afford homeownership.

• Multi-residential buildings: duplexes and projects with several dozen units are attracting investors seeking stable and predictable income.

• Partnerships with the government: housing support programs for social or affordable housing pave the way for subsidies and tax incentives.

What this means for the investor

Projects targeting affordable rental or mid-range options will be the big winners in the coming years. The housing scarcity, combined with sustained demand, ensures stability and attractive returns, even in a context of still high interest rates.

? In 2025, Quebec is no longer just a market for homeowners: it's a renter's market, and investors who capitalize on this trend will be in a position of strength.