The truth: the QS candidate is mistaken in saying that there are no bungalows for less than $300,000 in Matane

The right time: the QS candidate is mistaken in saying that there has no bungalows under $300,000 in Matane

MISE & Agrave; DAY

Our Investigation Office specializes in the art of establishing the facts. Throughout the election campaign, our researchers present their findings to flush out the candidates' surprising, dubious or downright false statements, and allow you to see more clearly. 

THE STATEMENT

In an interview this morning on Radio-Canada in the Bas-Saint-Laurent, the candidate for Québec solidaire in Matane-Matapédia, Marie-Phare Boucher, expressed its concerns about the housing crisis.  

“We must act on the level of the overbidding of housing. In Matane, if we look for a very normal bungalow, you have nothing below $300,000”, she indicated at the microphone of Éric Gagnon of Info-réveil.

THE FACTS

The right time: the QS candidate is mistaken in saying that there are no bungalows under $300,000 in Matane

However, it is wrong to say that there is nothing below $300,000. On the contrary, the majority of detached single-family homes sold since January 1, 2021 have been sold for less than $300,000, according to an analysis of land registry data.

In fact, The True Hour has identified 308 buildings of this type that have been sold for nearly two years.

The median amount of these transactions is $170,000 and the average price is $185,924. 92.5% of them, or 285 buildings, were sold at a sale price of less than $300,000.

The situation has been the same since the beginning of 2022, so that 88.5% of real estate transactions were for less than $300,000.

In addition, during the last four quarters, the Centris company recorded 142 transactions for single-family homes in Matane. The median price is $175,250. There are currently 43 properties for sale on the website, and 29 of them have a selling price of less than $300,000.

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