Trois-Rivières housing market

New-home prices

Statistics Canada's new housing price index for Trois-Rivières stood at 119.4 in Sep 2026, up 3.0% from a year earlier, compared with down 2.0% for Canada as a whole.

With December 2016 set to 100, the index means builders are charging about 19.4% more for a comparable new home than they did then.

The index peaked at 120.2 in Apr 2026 and is now 0.7% below that high, so new-home prices have given back part of their earlier gains.

The index tracks contractors' selling prices for new homes of the same specifications. It does not cover resale homes, so it shows builder pricing rather than the whole market.

Construction and supply

Builders started 1,197 homes in Trois-Rivières over the 12 months to Sep 2026, down 6.7% from the previous 12 months.

1,330 homes were completed over the same period (down 16.9%), and 740 were under construction at the latest count (down 17.1% year over year).

Fewer homes are being started than finished, which means the construction pipeline is shrinking and completions are likely to slow once current projects wrap up.

Building permits, which come before construction starts, covered 1,594 dwelling units over 12 months, down 5.5%. A drop in permits usually points to fewer starts ahead.

Of newly completed homes, 22 were still unsold or unrented at the latest count (up 46.7%), while 95 new homes were sold or rented on completion over the last 12 months (down 43.8%).

Population and housing need

Trois-Rivières's population was estimated at 174,316 (July 1, 2025), growing 1.0% over the year.

That works out to 6.9 housing starts per 1,000 residents, and 7.6 completions per 1,000.

Roughly 1,731 residents were added in the latest year, about 1.3 new residents for every home completed. That is close to or below typical household size, so new supply is keeping pace with population growth.

Rental market

CMHC's Rental Market Survey put the purpose-built rental vacancy rate at 2.7% (October 2025 survey), up 1.7 percentage points from the previous survey. A rate below 3% is generally considered a tight market, where landlords have the upper hand.

The average two-bedroom rent across all purpose-built units was $1,017 a month, up 14.5% year over year.

Borrowing costs

Borrowers who took out a new uninsured mortgage in Aug 2026 paid an average of 4.58% on fixed terms of five years or more and 3.90% on variable rates, according to the Bank of Canada. The five-year-plus fixed average is up 0.3 percentage points from a year earlier.

Variable rates sit 0.68 points below long fixed terms, so borrowers are paying a premium for payment certainty.

The Bank of Canada's policy rate is 2.50% and the banks' prime rate is 4.70%. Variable-rate mortgages are priced off prime, so they move when the policy rate changes; fixed rates follow Government of Canada bond yields, with the 5-year yield at 3.46%.