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Montreal home sales fall 13% in August as 'rebalancing' continues: real estate board
QPAREB said 2,853 homes sold in August, while active listings rose to 20,128 and condo markets moved closer to a buyers' market.
- On Friday, September 4, 2026, the Quebec Professional Association of Real Estate Brokers reported Montreal-area home sales fell 13.1 per cent in August to 2,853 transactions, signaling continued market rebalancing.
- Total inventory rose 18 per cent to 20,128 units for sale, with listings growth pronounced on the South Shore and North Shore , reflecting expanding supply across the metropolitan area.
- Despite slowing sales, median prices continued to post moderate increases, led by condominiums rising 3.6 per cent to $437,250 and single-family homes increasing 2.8 per cent to $650,000.
- QPAREB Assistant Director and Senior Economist Camille Laberge noted that Downtown and the Sud-Ouest borough now face the highest listing levels ever recorded, as smaller units remain difficult to sell.
- Geopolitical tensions, economic uncertainty, and high property prices are driving cautious household strategies, which, combined with less intense demographic pressure, are moderating residential activity in the metropolitan area.
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9 Articles
9 Articles
Residential prices rose from one year to the next in all categories this month.
·Montreal, Canada
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Winnipeg Free Press+3 Reposted by 3 other sources
Montreal home sales fall 13% in August as 'rebalancing' continues: real estate board
MONTREAL - Montreal-area home sales fell 13.1 per cent year-over-year in August as the province's real estate board says the market is continuing to go through an
·Winnipeg, Canada
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The Hamilton SpectatorReposted by 
Financial Post
Financial PostMontreal CMA: Adjustment Period Continues, Condominium Market in Balance
L’ÎLE-DES-SŒURS, Quebec, Sept. 04, 2026 (GLOBE NEWSWIRE) -- The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its residential real estate market statistics for the month of August 2026. The most recent market statistics for the Montreal…
·Hamilton, Canada
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Total News Sources9
Leaning Left3Leaning Right1Center5Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 33%
C 56%
11%
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