Forecast · 2027 · Residential construction · APCHQ, February 11, 2026
Quebec will build a little more in 2027, but still 36,500 units a year short of what it needs. Here are the APCHQ figures, region by region, and what they do to resale prices.
The APCHQ forecasts 63,500 housing starts in Quebec in 2027, up 2 % after 62,000 in 2026 (+4 %). Rental construction drives the recovery with a record 43,560 units in 2025 and +5 % expected in 2026; single-family starts climb to 8,855 units in 2026 (+8 %) and condos stabilize around 2,455 units before a slight rebound in 2027. Gatineau falls 6 % (vacancy rate up from 1.9 % to 3.8 %), Drummondville rises 8 %. Renovation, after +30 % in 2025, slows to +8 % in 2026 and +4 % in 2027. The APCHQ says Quebec needs at least 100,000 units a year to close the supply deficit: at 63,500, the scarcity that supports resale prices does not ease in 2027. In Canada, CMHC sees starts falling from 259,028 in 2025 to 241,400 in 2026, then 223,000 in 2027.
| Indicator | 2025 | 2026 (forecast) | 2027 (forecast) |
|---|---|---|---|
| Housing starts, Quebec | ≈ 59,600 (implied) | 62,000 (+4 %) | 63,500 (+2 %) |
| Rental units | 43,560 (all-time high) | +5 % | moderate growth |
| Single-family homes | ≈ 8,200 | 8,855 (+8 %) | "timid but durable" recovery |
| Condominiums | ≈ 2,450 | 2,455 (stabilizing) | slight rebound |
| Renovation spending | +30 % | +8 % | +4 % |
| Estimated need for affordability | at least 100,000 units a year | ||
The forecasts were published on February 11, 2026. The 2025 figures marked "≈" are implied by the APCHQ's percentages, not published as such. The association calls the trend "encouraging but insufficient" and urges the Quebec government to make housing a budget priority.
The APCHQ puts the need at 100,000 units a year to close the supply deficit and durably improve affordability. At 63,500, Quebec will build about 63 % of what it needs in 2027. The consequences show up in resale:
CMHC forecast in January 2026 Canadian housing starts of 247,000 in 2026, 223,000 in 2027 and 216,000 in 2028; its July 2026 update lowers 2026 to 241,400, against 259,028 in 2025, with builders facing "weak demand, high inventories and elevated construction costs," especially in Ontario and British Columbia condos. Quebec is doing the opposite of Canada: building a little more while the country builds less, but from too low a base to catch up.
63,500 housing starts per the APCHQ (forecast of February 11, 2026), up 2 % after 62,000 in 2026. The same association says at least 100,000 a year are needed.
Not at this pace: the supply deficit stays around 36,500 units a year, new single-family homes are limited to 8,855 units and construction costs are rising 5 %. The only segment in surplus is the new condo in downtown Montreal.
New guarantees code compliance and the GCR warranty, but costs more and comes with a 12-to-24-month wait; resale is negotiated on closed sales and delivered in 60 days. Our first-time buyer guide helps decide.
Also available in French: version française de ce guide.
Published September 6, 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.