By Sammy Hudes
The Quebec Skilled Affiliation of Actual Property Brokers says 3,338 residential properties modified palms all through the month within the Montreal census metropolitan space, down from 3,709 in July 2025. All property classes and all giant geographic sections of the area recorded a lower in gross sales in contrast with a 12 months in the past.
Dwelling costs have been up year-over-year throughout all classes for the month, led by a 6.1% enhance within the median worth of a plex to $865,000.
The median worth of a single-family house rose 4 per cent year-over-year to $650,000 in July, whereas the median worth of a condominium elevated 1.5% to $431,500.
New listings in July totalled 5,260, up 4.1% year-over-year, because the board stated the provision of properties on the market continued a rebound that started in summer time 2025.
“Though the present condominium market is adjusting extra rapidly, single-family properties and plexes are additionally seeing decrease gross sales and better provide,” stated the board’s senior economist Hélène Bégin in a information launch.
“This broad-based slowdown in Higher Montreal’s residential actual property market is unfolding in a fragile financial surroundings and alongside a demographic shift. Stricter immigration guidelines are actually contributing to a decline within the inhabitants of the Montreal (census metropolitan space), which inevitably tempers demand throughout housing varieties.”
The board stated rising provide and slowing demand are “reinforcing the market easing noticed over the previous a number of months.” Nevertheless, sellers of single-family properties and plexes proceed to carry “a transparent benefit” in negotiations.
Whole stock rose 16.6% to 19,790 models on the market.
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Hélène Bégin Montreal montreal house gross sales montreal home costs montreal housing market QPAREB Quebec Skilled Affiliation of Actual Property Brokers actual property market The Canadian Press
Final modified: August 6, 2026
