Quebec Federation of Real Estate Boards

Quebec Federation of Real Estate Boards

November 18, 2009 10:40 ET

Quality of Life: An Important Factor for Quebecers When Buying a Property

ILE-DES-SOEURS, QUEBEC--(Marketwire - Nov. 18, 2009) - A Multi Reso survey commissioned by the Quebec Federation of Real Estate Boards (QFREB) shows that while more than 92 per cent of Quebecers consider property price an important factor when purchasing a home, they consider the environment to be equally important. Neighbourhood safety was cited as an important factor by 89 per cent of respondents, followed by a well-maintained neighbourhood (84 per cent), proximity to services (72 per cent) and access to parks and green spaces (70 per cent).

"When buying a home, Quebec consumers attach a lot of importance to the environment where the property is located," said Michel Beausejour, FCA, Chief Executive Officer of the QFREB. "We know how important living environment is when choosing a property, so the QFREB has adopted the Quality of Life Program to show its commitment to improving the quality of life of communities across the province, and has organized the first ever Quebec Quality of Life Summit," he added.

Under the theme "Improving Life in Quebec", the Quality of Life Summit will take place on November 24 and 25 at the Centre Sheraton in Montreal. Prominent speakers will be on hand to share their vision of Quality of Life, including Paul Cote, President and CEO of VIA Rail Canada, Federal Liberal MP Justin Trudeau, as well as biologist and filmmaker Jean Lemire. The QFREB will also present the actions it has taken to date in improving the quality of life of communities across the province. For more information on the Quality of Life Summit, visit the event website at www.improvinglifeinquebec.com.

The Quality of Life Program is based on five main principles. These principles, adapted for Quebec, are:

1. Ensuring continuous economic development;

2. Providing opportunities for suitable housing;

3. Preserving our environment;

4. Improving the living conditions of residents;

5. Building better communities.

These are the principles that will guide the QFREB in its efforts to improve the quality of life in communities.

The Multi Reso survey was conducted via the Internet from October 6 to 19, 2009, among 3,600 respondents in the province of Quebec. The data was weighted by certain household characteristics. The sample has a margin of error of 1.6 per cent 19 times out of 20.

About the Quebec Federation of Real Estate Boards

The Quebec Federation of Real Estate Boards is a non-profit organization composed of Quebec's 12 real estate boards as associate members and the 14,000 real estate agents and brokers who are affiliated members. Its mission is to promote and protect the interests of Quebec's real estate industry so that the boards and their members can successfully meet their business objectives.

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