About Us
A Dynamic Industry
From Yesterday to Today
An Industry of the Future

From Yesterday to Today

Deep Roots

Montréal, 1920: the Montréal Board of Trade creates a committee designated as the Association of Real Estate Business.

Québec, 1947: creation of the “Québec Property Board” which was renamed the “Québec Real Estate Board”.

Montréal, 1954: brokers in the Montréal region become independent and form the “Montréal Property Board” which was renamed the “Greater Montréal Real Estate Board”.

From 1952 on
, other important regions in Québec, apart from Montréal and Québec, create Real Estate Boards. This is how the regions of Abitibi-Témiscamingue, Centre-du-Québec, Estrie, Haute-Yamaska, Lanaudière, Laurentides, Mauricie, Outaouais, Saguenay-Lac-Saint-Jean and Saint-Hyacinthe came to have their own Real Estate Boards. This proves the importance that the purchase or sale of a property represents for many Québec families.

The Real Estate Industry Today

In terms of property, the share that Québec has at the national level is significant. For example, the Greater Montréal Real Estate Board (GMREB), an associated member of the Federation, is the second largest Board in Canada and represents 70% of the brokers and agents in Québec. The Québec real estate industry is well organised, thriving and built on solid foundations. In June 2006, more than 12,250 members voluntarily adhered to one of the twelve Real Estate Boards of Québec. These agents generally work with brokerage firms and contribute in their own way to Québec entrepreneurship and economic development.

CREA: 86,830 members in Canada

Besides the local Boards and the QFREB, real estate is also regulated at the national level with the Canadian Real Estate Association (CREA) to which all Canadian Boards belong, bringing together more than 86,830 members. Among the responsibilities of CREA is the protection of marks of certification and trademarks as well as the setting up of related standards.

Copyright 2004 ©Fédération des Chambres immobilières
du Québec – Québec Federation of Real Estate Board