Housing shortage: 110,000 more homes needed urgently

An additional 110,149 homes are badly needed across Quebec, reveals a new compilation from the Association of Construction and Housing Professionals of Quebec, which has identified the hardest-hit areas.

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“Some families are currently giving up becoming homeowners due to a shortage of real estate for sale, the excessive bidding that this entails, and skyrocketing prices,” warns Paul Cardinal, director of the economic division of the Association of Building and Housing Professionals. Quebec (APCHQ).

While more than 110,149 homes were known to be missing throughout Quebec, the association estimated needs in various urban areas and in some major agglomerations (See the table below).

Of the 110,149, more than 15,000 are private rental properties and 58,000 are for sale. There are about 37,149 families awaiting HLM (low income housing) or supplemental regular rent.

In total, more than 52% of the 58,000 missing properties for sale are in the Montreal area, or 30,300, as assessed by APCHQ. There is a shortfall of 4,600 properties in the Quebec region and 3,800 in the Gatineau region.

At least 10,000 more per year

According to APCHQ, if we get into a catch-up mode, we will have to build an additional 10,000 homes annually over the next 10 years, hence the urgent need to act.

The current housing shortage is responsible for higher prices in the resale market as well as upward pressure on home rents. The only way to sustainably reduce temperature rise in real estate is to increase supply,” says Paul Cardinal of APCHQ.

Three big hurdles

According to the association, there are three obstacles to the development of supply: labor shortages, and supply problems associated with the epidemic, which leads to higher costs and interest rates.

early June, Newspaper He points out that 24% fewer huts are being built than before and that their prices are rising to the point that some are seeing the end of Quebec suburbs as we know them.

At the same time, intensification is still often laborious in many municipalities.

Damage “Not In My Backyard”

At Pays du Suroît, in Beauharnois, former mayor Bruno Tremblay says he sometimes faced condensation the hard way.

“When I was in the office, we tried very hard to develop our housing offer by increasing the density. Residents are not always satisfied,” he admits one step back.

“I am a firm believer in densification for environmental reasons and for public transportation regulation, but we still have step syndrome in my backyard. It’s tough,” he breathes.

Bruno Tremblay

Francis Hallen

Bruno Tremblay

90 kilometers away, in Varnam, in Istry, the housing shortage is a glaring problem, which has been exacerbated by the health crisis, according to the city council.

Mayor Patrick Melchior explains, “We have a developer who started with an affordable housing program, but the pandemic has caused material costs to skyrocket, so instead of having about thirty affordable housing units, he can only do nine.”

According to him, cities should have more scope to manage housing projects themselves, given their better knowledge of the area.

“We have field experience. Let the government trust us and we will deal with the promoters and projects,” concludes the person who also wears the hat of Governor MRC Brome-Missisquoi.

♦ Last May, housing starts topped 5,525, which is a 9% jump compared to May 2021. This is the first increase after five consecutive monthly declines.

37,149 families awaiting HLM or supplement to regular rentals

  • Lower Saint Lawrence: 446
  • Saguenay Lac Saint-Jean: 402
  • National Capital: 1955
  • Morrissey: 335
  • Esther: 536
  • Montreal: 23.529
  • Ottaway: 1052
  • Abitibi-Témiscamingue: 324
  • North Coast : 84
  • Northern Quebec: 1165
  • Gaspésie-Iles-de-la-Madeleine: 337
  • Chaudiere-Appalaches: 441
  • Laval: 1244
  • Lanodery: 623
  • Laurentians: 709
  • Monterey: 3676
  • Center de Quebec: 291

Shortage of 15,000 private rental housing

  • Montreal area: 9900
  • Quebec region: 1100
  • Gatineau region: 600
  • Sherbrooke area: 800
  • Trois-Rivieres: 100
  • Sagueni area: 200
  • Drummondville: 300
  • Granby: 280
  • Rimouski: 200
  • Saint Hyacent: 150
  • Alma: 50
  • Juliet: 170
  • River Wolf: 80
  • Rowen Noranda: 90
  • Saint George: 80
  • Sorel Tracy: 70
  • Salberry de Valleyfield: 140
  • Victoriaville: 120
  • Rest of Quebec: 570

Shortage of 58000 real estate for sale

  • Montreal area: 30300
  • Quebec region: 4600
  • Gatineau region: 3800
  • Sherbrooke area: 1500
  • Trois-Rivieres: 1000
  • Sagueni area: 700
  • Drummondville: 500
  • Granby: 800
  • Rimouski: 400
  • Saint Hyacinth: 500
  • Alma: 200
  • JULIET 400
  • River Wolf: 200
  • Rowen Noranda: 300
  • Saint George: 200
  • Sorel Tracy: 500
  • Salberry de Valleyfield: 500
  • Victoriaville: 300
  • Rest of Quebec: 11300

Source: Association of Construction and Housing Professionals of Quebec

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