This index is a quick and simple way to measure the strength of the residential
real estate market in Quebec. Calculated monthly using data compiled by JLR, the
Index is estimated for six census metropolitan areas: Montreal, Ottawa-Gatineau
(the part lying within Quebec), Quebec City, Saguenay, Sherbrooke and Trois-Rivières.
These regional indices are then assembled to create the JLR Compound Index of Bad
Debt (Indice CMC), which gives an overview of bad real estate debts in the province.