Not sure why. Their exchange rate isn't much different from ours... it's about .94 or .98 to the US dollar.
Maybe nobody wants to live in Quebec.
They have a weird way of doing business up there. Offers are accepted for x-number of days, then the seller looks at them and decides which one to work with. From the shows that I've watched, it seems to often result in a bidding war, often with the sales price being considerably higher than the asking price.
The shows convert the cost to US dollars, but $400-500,000 for first time buyers is just incredible.
One of Runnin' Buddy's neighbors - both husband and wife - work for HGTV. I asked the husband how come they only show high priced houses on those shows and he said that those are the one's that appeal to viewers. People aren't interested in just average priced houses in Podunk, USA. They want to see Atlanta, Chicago, Seattle, Boston, Montreal, Vancouver, etc.