The Quebec market for recreational properties, after a period of significant price increases, is expected to see more moderate growth in 2026. This shift comes after a surge in demand for homes in popular areas like the Laurentians, Lanaudière, and Charlevoix, driven in part by changing work patterns and a desire for more space during the pandemic. Although prices will continue to rise, the pace is predicted to leisurely considerably, offering a potential breather for prospective buyers.
According to a recent report from Royal LePage, the median price of secondary residences and other properties in Quebec’s recreational regions could increase by just 4% this year. This represents a significant deceleration compared to the previous year, where prices jumped by 7.3% for single-family homes, and 5.8% for condominiums. The anticipated median price for a typical property – encompassing both single-family homes and condos – is projected to reach $484,328 by the end of 2026, up from $465,700 in 2025.
This cooling trend doesn’t mean all regions will experience the same level of moderation. The Municipalité régionale de comté (MRC) of Jacques-Cartier, north of Quebec City, is forecast to see the most substantial price increases in 2026, with a projected rise of 11.5%. Royal LePage anticipates the median property price in Jacques-Cartier will climb from $460,000 to $512,900. The MRC of Charlevoix is expected to follow closely behind, with a 9% increase, bringing the median price from $400,000 to $436,000.
The Laurentians and Lanaudière: A Look Back at 2025
The past year saw particularly strong growth in several recreational areas. The Laurentians, a popular destination for those seeking outdoor activities, experienced a 13.5% increase in condominium prices and an 11% rise in single-family home values. In Lanaudière, the MRC of Montcalm saw a 12.5% jump in the median price of single-family homes, while the MRC of Matawinie recorded a 9.6% increase. These figures highlight the intense demand that characterized the recreational property market in 2025.
Though, the most dramatic price increases occurred in the Capitale-Nationale region. The MRC de la Côte-de-Beaupré led the way with a remarkable 19.4% increase, followed by Charlevoix at 14.3% and Jacques-Cartier at 12.2%. This surge in prices reflects the desirability of these areas, known for their scenic beauty and proximity to Quebec City.
Why the Slowdown? Factors at Play
Several factors are contributing to the anticipated slowdown in price growth. Rising interest rates, a key influence on the broader housing market, are making mortgages more expensive, potentially dampening demand. The Bank of Canada’s monetary policy, aimed at controlling inflation, has directly impacted borrowing costs for prospective homebuyers. As the initial rush to acquire recreational properties subsides, the market is returning to a more sustainable pace. The increased supply of new construction in some areas is also helping to alleviate pressure on prices.
The shift in work arrangements, while initially fueling demand for second homes, is also stabilizing. While remote work remains prevalent, the novelty has worn off for some, and the need for a dedicated vacation property may be diminishing. This doesn’t signal a decline in demand, but rather a more measured approach to purchasing.
Regional Variations and Future Outlook
While the overall trend points to moderation, significant regional variations are expected. Areas like Jacques-Cartier and Charlevoix, with limited inventory and continued strong demand, are likely to outperform the broader market. The proximity of these regions to Quebec City and their appeal as year-round destinations contribute to their resilience.
The MRC de la Côte-de-Beaupré, despite experiencing the highest price increases in 2025, is expected to see a more moderate growth rate in 2026. This suggests that the market in this area may be reaching a peak, and further substantial increases are unlikely.
Looking ahead, the Quebec recreational property market is expected to remain relatively stable, with moderate price growth continuing through 2026. However, potential economic headwinds, such as a recession or further interest rate hikes, could introduce additional uncertainty. The next key indicator to watch will be the Royal LePage’s mid-year market update, expected in July 2026, which will provide a more comprehensive assessment of market conditions.
For those considering purchasing a recreational property in Quebec, understanding these regional variations and market trends is crucial. Working with a local real estate professional can provide valuable insights and guidance.
Disclaimer: This article provides general information about the Quebec recreational property market and should not be considered financial or investment advice. Consult with a qualified professional before making any real estate decisions.
What are your thoughts on the Quebec recreational property market? Share your comments below and let us know how these trends are impacting your plans.
