Expired plexes · 23 cities · Centris 2016-2026
One page per city, same definitions, same source: plex listings expired without a sale, the failure rate against sales, the same rate for houses alongside, average days against median days, year by year since 2016, and what it tells a plex seller about the starting price.
Across the 23 cities tracked, 2,819 plex (2 to 5 unit) listings expired without a sale in 2025, against 5,042 in 2016 (-44%) and 2,794 at the 2020 trough. The plex failure rate (expired ÷ listing endings) went from 45% in 2016 to 24% in 2021, 28% in 2025 and 34% in 2026 (Jan. to Sep.); for houses it was 40%, 13%, 19% and 23%. Plexes expire more often than houses in 21 of 23 cities, with a median gap of 9 points; against condos (41% in 2026), they are the worst of the three products in 7 cities. Average days for a sold plex fell from 115 to 38 (median of cities). The highest plex failure rates in 2026: Gatineau (48%), Sorel-Tracy (41%), Montreal (39%); the lowest: Granby (21%), Rimouski (21%), Val-d'Or (15%). Source: Centris (Matrix), compiled October 7, 2026.
Plex listings expired without a sale in 2016 and 2025; plex failure rate (expired ÷ expired + sales) in 2016, 2021, 2025 and 2026 (Jan. to Sep.); house and condo failure rates in 2026 (Jan. to Sep.) for scale; average days for a sold plex in 2016 and 2026.
| City | Expired 2016 | Expired 2025 | Plex failure 2016 | 2021 | 2025 | 2026 | House failure 2026 | condo failure 2026 | Avg. days 2016 / 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Gatineau | 395 | 222 | 60% | 25% | 35% | 48% | 41% | 60% | 100 / 37 |
| Sorel-Tracy | 76 | 42 | 61% | 19% | 32% | 41% | 33% | n/a | 167 / 38 |
| Montreal | 2,145 | 1,438 | 40% | 26% | 31% | 39% | 30% | 44% | 87 / 54 |
| Saint-Hyacinthe | 71 | 47 | 44% | 22% | 34% | 39% | 26% | 38% | 111 / 34 |
| Terrebonne | 29 | 26 | 41% | 16% | 21% | 35% | 18% | 25% | 95 / 53 |
| Victoriaville | 35 | 15 | 47% | 18% | 21% | 35% | 10% | n/a | 104 / 50 |
| Saint-Jean-sur-Richelieu | 101 | 49 | 55% | 19% | 25% | 34% | 25% | 26% | 140 / 50 |
| Drummondville | 62 | 25 | 42% | 10% | 16% | 33% | 27% | n/a | 124 / 38 |
| Laval | 286 | 134 | 51% | 24% | 27% | 30% | 23% | 40% | 99 / 59 |
| Lévis | 73 | 62 | 49% | 32% | 24% | 29% | 17% | 33% | 104 / 31 |
| Mirabel | 17 | 37 | 33% | 20% | 28% | 29% | 26% | 29% | 91 / 53 |
| Saint-Jérôme | 121 | 101 | 49% | 22% | 31% | 29% | 20% | 34% | 116 / 50 |
| Longueuil | 239 | 141 | 44% | 20% | 24% | 27% | 19% | 32% | 82 / 43 |
| Rouyn-Noranda | 32 | 18 | 43% | 19% | 22% | 27% | 11% | 25% | 89 / 66 |
| Trois-Rivières | 200 | 64 | 50% | 17% | 19% | 27% | 26% | 50% | 126 / 33 |
| Joliette | 25 | 18 | 40% | 25% | 28% | 25% | 14% | n/a | 124 / 34 |
| Saguenay | 177 | 37 | 60% | 33% | 17% | 24% | 16% | 32% | 148 / 31 |
| Sainte-Thérèse | 22 | 33 | 32% | 20% | 32% | 24% | 15% | 22% | 115 / 34 |
| Sherbrooke | 247 | 89 | 59% | 21% | 25% | 24% | 16% | 37% | 137 / 59 |
| Quebec City | 547 | 167 | 51% | 25% | 18% | 22% | 12% | 17% | 111 / 34 |
| Granby | 93 | 30 | 50% | 17% | 22% | 21% | 20% | 31% | 137 / 38 |
| Rimouski | 34 | 16 | 52% | 26% | 27% | 21% | 11% | 33% | 115 / 35 |
| Val-d'Or | 15 | 8 | 19% | 16% | 16% | 15% | 8% | n/a | 119 / 44 |
In 2016, nearly one plex listing in two ended without a sale: 45% across the 23 cities, with 5,042 contracts ended, while houses stood at 40%. The frenzy absorbed almost everything (24% failure in 2021, 2,794 expired at the 2020 trough, -45% from 2016), then the rate hikes put buildings back on the shelf faster than anything else (41% in 2023, the worst of the three products that year): a plex is bought on its yield, and the yield melted with the rate while sellers kept the 2022 multiplier. 2025 stood at 28%, and 2026 (Jan. to Sep.) stands at 34%, up in 16 of 23 cities. Houses stand at 23% and condos at 41%: plexes expire more often than houses in 21 of 23 cities, they are the worst of the three products in 7, and the gap with houses is widest in Victoriaville (+25 pts), Terrebonne (+17 pts), Rouyn-Noranda (+16 pts). Average days tell the same decade: 115 days in 2016, 63 in 2021, 38 in 2026. The cities where plex failure is most frequent in 2026: Gatineau (48%), Sorel-Tracy (41%), Montreal (39%); the most efficient: Granby (21%), Rimouski (21%), Val-d'Or (15%).
An "expired" listing is a brokerage contract that reached its end without a sale; cancellations and early withdrawals are not counted here, which makes this number a floor. The failure rate relates expired listings to all listing endings of the year (sales plus expiries); it does not say how many of those plexes eventually sold after a relisting. The house and condo columns apply the same definition to the Single-family and Condominium categories, taken from our expired listings and condos that do not sell pages. Only cities with at least twenty plex sales a year are kept: below that, a failure rate moves ten points on three listings. 2026 stops in September. Each city page adds the share of new listings that expire within the year and what the rate changes for a plex seller.
All series come from the Statistics module of Centris (Matrix), queried on October 7, 2026 with the same parameters for the 23 cities: Income property category, whole municipality (boroughs or sectors combined for Montreal, Quebec City, Laval, Longueuil, Gatineau, Lévis, Sherbrooke, Saguenay, Terrebonne, Repentigny), expired listings and average days on market by year over ten years; plex sales come from the September 16 query, new listings from October 7, houses from October 1 and condos from October 7. Only aggregates are published. The same cities have their plexes for sale and inventory, plex prices over ten years and price per unit and multiplier pages.
Because they are bought on numbers, by fewer people, and the numbers changed faster than the asking prices. A house has hundreds of buyers who buy it to live in; a plex has a few dozen investors and owner-occupants who divide the price by the rents, subtract taxes, insurance and the mortgage at today's rate, and do not buy if the result does not hold. When rates doubled in 2022-2023, the price those calculations justified dropped at once, but sellers kept the 2022 multiplier: the building stayed listed until the contract ran out. Rents rising since 2024 are closing the gap, slowly.
It takes at least twenty plex sales a year for a failure rate to mean something; cities below that threshold are not published. A broker from the team can pull the same statistics for any municipality or sector in Quebec.
Our other data series, all built from Centris listings:
Each series is recalculated from actual sales or leases, city by city, aggregates only.
The Loaa & Manseur team, led by Lotfi Manseur and Loaa Al Daow, is the number 1 team at RE/MAX Platine in 2024 and 2025, 6th RE/MAX team in Quebec, 15th in Canada and in the global top 50 of large residential teams according to the official RE/MAX ranking, computed on actual transactions. Its Google profile counts more than 220 reviews with a 4.9 rating. Its offices are at 55 avenue de l'Équinoxe in Brossard, one bridge from the island, and every broker's licence can be checked in the OACIQ public register. Three things to verify yourself before calling us, and to demand of any other broker.
Also available in French: version française de ce guide.
Published September 7, 2026 by the Loaa & Manseur team, the number 1 team at RE/MAX Platine in 2024 and 2025, 6th RE/MAX team in Quebec, 15th in Canada and in the global top 50 according to the official RE/MAX ranking. Tell us about your project.
Équipe no 1 de RE/MAX Platine en 2024 et en 2025, 6e au Québec, 15e au Canada et dans le top 50 mondial au classement officiel RE/MAX. Réponse en moins de 24 heures, sept jours sur sept.