Friday, February 20, 2026

Montreal-area residence gross sales fall 15% in January: actual property board

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The Quebec Skilled Affiliation of Actual Property Brokers says 2,364 properties modified arms all through the month within the Montreal census metropolitan space, down from 2,774 throughout the identical time a 12 months in the past.

Charles Brant, the board’s market evaluation director, says that regardless of a slowdown in exercise, the shortage of properties continues to drive up costs — particularly for multiplexes with two to 5 items.

Median residence costs had been up throughout all classes within the first month of the 12 months, led by an eight per cent enhance for multiplexes to $841,800.

The median value of a single-family residence rose 4 per cent to $615,000 year-over-year in January, whereas the median value of a condominium elevated two per cent to $428,000.

The board says new listings totalled 6,550 for January, up eight per cent year-over-year.

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Final modified: February 5, 2026



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