Montreal-area home sales fall 10% in July amid ‘adjustment phase’: real estate board
By Sammy Hudes
The Quebec Professional Association of Real Estate Brokers says 3,338 residential properties changed hands throughout the month in the Montreal census metropolitan area, down from 3,709 in July 2025. All property categories and all large geographic sections of the region recorded a decrease in sales compared with a year ago.
Home prices were up year-over-year across all categories for the month, led by a 6.1% increase in the median price of a plex to $865,000.
The median price of a single-family home rose four per cent year-over-year to $650,000 in July, while the median price of a condominium increased 1.5% to $431,500.
New listings in July totalled 5,260, up 4.1% year-over-year, as the board said the supply of properties for sale continued a rebound that began in summer 2025.
“Although the existing condominium market is adjusting more quickly, single-family homes and plexes are also seeing lower sales and higher supply,” said the board’s senior economist Hélène Bégin in a news release.
“This broad-based slowdown in Greater Montreal’s residential real estate market is unfolding in a fragile economic environment and alongside a demographic shift. Stricter immigration rules are now contributing to a decline in the population of the Montreal (census metropolitan area), which inevitably tempers demand across housing types.”
The board said rising supply and slowing demand are “reinforcing the market easing observed over the past several months.” However, sellers of single-family homes and plexes continue to hold “a clear advantage” in negotiations.
Total inventory rose 16.6% to 19,790 units for sale.
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Hélène Bégin Montreal montreal home sales montreal house prices montreal housing market QPAREB Quebec Professional Association of Real Estate Brokers real estate market The Canadian Press
Last modified: August 6, 2026
