New Houses for Sale in Montérégie

Buying a house in Montérégie offers many advantages. The region is known for its balance between the tranquility of rural life and the proximity to urban centers like Montreal. Properties are generally more spacious and affordable compared to those in the city. Montérégie is rich in green spaces, parks, vineyards, and orchards, making it an ideal place for outdoor and nature enthusiasts. Additionally, the region has an efficient road network, including Highway 10 and Highway 20, making travel to Montreal and other regions of Quebec easier.

Several cities in Montérégie are particularly popular among real estate buyers:

• Brossard: As part of Montreal's South Shore, this city is ideal for those looking for urban living without the drawbacks of a big city. Brossard offers a wide range of services and entertainment thanks to Quartier DIX30, the largest outdoor shopping complex in Canada. The arrival of the REM will make commutes to Montreal even faster, a major advantage for professionals. Brossard's residential neighborhoods are modern, safe, and multicultural, making it an attractive choice for families and young couples.
• Saint-Hyacinthe: An innovative city known for its thriving agri-food sector. Buying here offers a lower cost of living and a peaceful city close to the countryside. The median house price offers excellent value for money in a serene environment.
• Saint-Jean-sur-Richelieu: Beyond its famous International Balloon Festival, the city boasts a historic downtown with local shops, quaint cafes, and riverside walks. Neighborhoods like Saint-Luc offer modern houses closer to Montreal.
• Granby: Ideal for families, it features many green spaces, and house prices are more affordable than the regional average in Montérégie.

The real estate market in Montérégie is experiencing a unique dynamic that reflects the characteristics of the region. According to recent data from the Quebec Professional Association of Real Estate Brokers (APCIQ) as of October 2023, the median price of a single-family home in Montérégie is about CAD 450,000. This represents an increase of approximately 8% from the previous year, indicating sustained market growth.
The price increase is attributed to several factors specific to Montérégie:

• Attractiveness of rural and semi-urban areas: The pandemic has increased the desire of many buyers for larger living spaces away from the urban density of Montreal. Montérégie offers this balance between tranquility and accessibility.
• Local economic development: Cities like Saint-Hyacinthe, known as the "Agri-Food Technopole," are booming thanks to innovation in the agri-food sector. This creates jobs and attracts professionals, increasing housing demand.
• Major infrastructure projects: The improvement of the Metropolitan Transport Network (RTM) and investments in highways facilitate travel to Montreal, making Montérégie even more attractive for commuters. Unlike some regions where the market is saturated, Montérégie still has a diverse inventory of properties, especially with the many new houses being built. For investors, Montérégie presents an interesting potential for value appreciation. The combination of growing demand, still competitive prices compared to Montreal, and ongoing infrastructure projects suggests that the market will continue to grow. Montérégie combines the benefits of a rich natural environment, a thriving economy, and accessibility to major urban centers, all at a median price of around CAD 450,000 for a single-family home, which remains more affordable than the Montreal market.