Real estate market reports, as well as interesting links and articles will be posted on this page to give you a snapshot of how the market is doing both here in Montreal as well as across Canada. It’s helpful to have the stats and information from across Canada as it will provide a relative comparison of how all the real estate markets are doing in the different provinces. There can be sizeable differences in performance between the Toronto, Vancouver, Halifax, Calgary or Montreal real estate markets. I happen to love visual formats so wherever possible you can find video’s, pdfs and info graphics. Check back often for the most current real estate market report stats and news. Please feel free to download the real estate market reports.
Montreal Real Estate Market Report January 2026
Listen to the podcast episode covering the Montreal market outlook for 2026 real and stats for January 2026
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Listen to the podcast:
Greater Montreal Residential Real Estate Market: January 2026
Montreal Real Estate Market Report July 2025
Listen to the podcast episode covering the latest market stats for the Montreal real estate market – July 2025
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Listen to the podcast:
202502-Second Quarter Barometre
Greater Montreal Residential Real Estate Market: Q2 2025 Briefing
Date: 2025 Q2 Prepared for: Key Stakeholders in the Greater Montreal Real Estate Market
Executive Summary
The Greater Montreal residential real estate market in Q2 2025 continues to exhibit strong activity, with a general trend of increasing sales and prices across most property categories and sectors. While pressure has eased slightly, the market largely remains favourable to sellers, indicated by low months of inventory. Population growth and a stable labour market provide underlying support for demand. However, rising mortgage rates and consumer confidence, while improving, may introduce some nuances to market dynamics.
Key Themes & Most Important Ideas/Facts
1. Overall Market Activity: Strong and Growing
- Total Residential Sales: Sales across the Greater Montreal Metropolitan Area (MMA) experienced a significant increase of 13% in Q2 2025, reaching 7,535 transactions. Over the last 12 months, sales are up 19% at 46,610. This indicates sustained high demand.
- New Listings: New listings in Q2 2025 rose by 10% for the MMA, totalling 20,882. This suggests an increase in properties coming onto the market.
- Active Listings: Despite the increase in new listings, active listings (inscriptions en vigueur) saw only a slight 1% increase to 18,380 in Q2 2025, and a 3% increase over the last 12 months. This indicates that properties are being absorbed quickly, supporting a seller’s market.
- Sales Volume: The total volume of sales in the MMA surged by 20% in Q2 2025 to $9,467,234 (in thousands), and by 27% over the last 12 months to $29,497,781 (in thousands). This highlights the substantial increase in transaction value.
2. Price Trends: Continued Appreciation
- Median Price Growth:Single-Family Homes (Unifamiliale): The median price for single-family homes in the MMA increased by 9% to $625,000 in Q2 2025, and by 8% over the last 12 months. Over the past 5 years, the increase has been a substantial 67%. This demonstrates a strong appreciation in value for this property type.
- Condominiums (Copropriété): Condominiums saw a 5% increase in median price to $425,000 in Q2 2025, and a 8% increase over the last 12 months. The 5-year growth is 60%.
- Plexes (2-5 units): The median price for plexes rose by 8% to $829,000 in Q2 2025, with a 7% increase over the last 12 months, and a remarkable 56% increase over 5 years.
- Average Price Growth:Single-Family Homes: The average price increased by 9% to $733,424 in Q2 2025.
- Condominiums: The average price increased by 10% to $462,846 in Q2 2025 for Laval, but for the overall MMA, it is $425,000. More precisely for Laval, it is $462,846 (10% increase).
- Plexes: The average price for plexes rose by 11% to $893,349 in Q2 2025 for Laval, but for the overall MMA, it is $829,000. More precisely for Laval, it is $893,349 (11% increase).
3. Market Conditions: Primarily a Seller’s Market
- Months of Inventory:Overall MMA: The overall market shows low months of inventory: 3.2 for single-family homes, 4.9 for condominiums, and 7.7 for plexes (based on 12-month averages).
- Seller’s Market Definition: A market is considered “favorable to sellers” when the number of months of inventory is below 8. Given these figures, the MMA remains largely a seller’s market, particularly for single-family homes and condominiums.
- Buyer’s Market Instances: There are a few specific price ranges within property categories that lean towards a buyer’s market (e.g., condominiums over $710k on Île de Montréal, single-family homes over $1.24M in Ouest-de-l’Île-Sud).
- Days on Market (Average): Properties are selling faster. The average number of days on the market decreased for all property types in Q2 2025 compared to the previous year:
- Single-Family Homes: 35 days (down 11 days)
- Condominiums: 42 days (down 12 days)
- Plexes: 49 days (down 20 days)
4. Regional and Sectoral Performance (Q2 2025 Sales & Median Prices)
Sales increased across all major regions:
- Île de Montréal: Sales up 11%, median single-family home price $800,000 (+11%), median condo price $482,500 (+5%).
- Laval: Sales up 13%, median single-family home price $610,650 (+5%), median condo price $415,000 (+6%).
- Rive-Nord: Sales up 11%, median single-family home price $565,000 (+9%), median condo price $360,500 (+4%).
- Rive-Sud: Sales up 12%, median single-family home price $635,000 (+10%), median condo price $395,000 (+7%).
- Vaudreuil-Soulanges: Sales up 12%, median single-family home price $626,200 (+9%), median condo price $380,000 (+9%).
- Saint-Jean-sur-Richelieu: Sales up 15%, median single-family home price $575,000 (+12%), median condo price $380,000 (+17%).
Notable Sectoral Performance (Q2 2025 Sales and Median Prices):
- Strongest Sales Growth: Boisbriand/Sainte-Thérèse (Secteur 27): +41%
- Saint-Lazare/Hudson (Secteur 38): +41%
- Brossard/Saint-Lambert (Secteur 42): +31%
- Fabreville (Secteur 23): +32%
- Saint-François/Saint-Vincent (Secteur 24): +29%
- Highest Median Single-Family Price Growth: Boucherville/Sainte-Bruno (Secteur 45): $812,500 (+16%)
- Rosemont (Secteur 13): $1,072,000 (+15%)
- Beloeil/Mont-Saint-Hilaire (Secteur 48): $420,000 (+20%)
- Highest Median Condominium Price Growth:Saint-Jean-sur-Richelieu (Secteur 50): $380,000 (+21%)
- Saint-Athanase/Iberville (Secteur 49): $562,000 (+16%)
5. Socio-Demographic and Economic Context
- Population Growth (2016-2021): The Greater Montreal Area saw a population increase of 4.6% between 2016 and 2021, reaching 4,291,732 in 2021. This sustained population growth contributes to housing demand.
- Population Density: The area has a population density of 919 people per square kilometer.
- Household Distribution (2021): 54.4% of households are owners, and 45.6% are renters.
- Labour Market (Q1 2025 vs Q1 2024):Employment: Increased to 2,410.9 (in thousands), up from 2,332.6.
- Unemployment Rate: Increased slightly to 7.0% from 6.3%.
- Mortgage Rates (Q2 2025 vs Q2 2024): Mortgage rates have seen a slight decrease in Q2 2025 compared to Q2 2024.
- 5-year rate: 6.09% (down 1.75 from 7.84%)
- 1-year rate: 6.22% (down 0.62 from 6.84%)
- While still elevated, the slight drop might offer some relief to buyers.
- Consumer Confidence Index (Q2 2025 vs Q2 2024): The overall consumer confidence index is 78.3, an increase of 0.7. Confidence in “Is it a good time to make a major purchase?” is 68, down 13 points from 81. This suggests a mixed sentiment, where overall confidence is slightly up, but specific confidence in major purchases (like real estate) has dipped.
- Housing Starts (Q1 2025 vs Q1 2024): Total housing starts saw a significant increase of 56%, with 5,327 starts in Q1 2025, up from 3,410 in Q1 2024. This indicates a growing supply pipeline.
- Unifamiliale: 326 (+14%)
- Copropriété: 209 (+3%)
- Locatif (Rental): 2,280 (significant increase to meet rental demand).
6. Centris System and Definitions
- Centris System: The “Centris system is the most complete and up-to-date computerized database on real estate transactions. It is governed by very precise rules to which all real estate brokers in the province adhere. Only real estate brokers who are members of the APCIQ or a real estate board have access to it.”
- Definitions provided:Residential: Includes single-family, condominium, plex (2 to 5 unit income property), and hobby farm.
- New listings: Number of new brokerage contracts.
- Active listings: Number of listings with “active” status on the last day of the month.
- Number of sales: Number of sales completed during the period, based on the acceptance date of the promise to purchase.
- Sales Volume: Total amount of all sales.
- Average days on market: Average days from brokerage contract signature to sale date.
- Rate of variation: Calculated relative to the same period of the previous year due to seasonality.
- Average selling price: Average value of sales.
- Median selling price: Divides transactions into two equal halves (50% above, 50% below).
- Inventory: Average active listings over the past 12 months.
- Months of inventory: Number of months to sell all available properties, calculated by dividing inventory by average sales over 12 months, eliminating seasonal fluctuations.
- Market conditions: Based on months of inventory (8-10 months = balanced; <8 months = seller’s market; >10 months = buyer’s market). These reflect the past 12 months.
Conclusion
The Greater Montreal real estate market is currently experiencing robust activity characterized by increasing sales and appreciating property values across all segments. While new listings are emerging, the quick absorption of properties maintains a strong seller’s market in most areas and price ranges. Favourable demographic trends and strong housing starts point towards continued development. However, the slightly rising unemployment rate and mixed consumer confidence regarding major purchases bear watching for potential future shifts in demand. The slight decrease in mortgage rates might provide some relief to buyers, potentially sustaining market momentum.
A snapshot of the rental market across Canada:
Summer 2025 Renter Survey: What Canadians Are Spending, Prioritizing, and Searching For
