The Quebec Professional Association of Real Estate Brokers reported that Montreal-area home sales declined by 13.1% in August compared to the same month last year. According to the association's data, 2,853 residential properties were sold, down from 3,282 in August 2025. The median price of a condominium rose 3.6% to $437,250, while single-family home prices increased by 2.8%. Camille Laberge, a senior economist at the association, attributes the market's decline to an ongoing "adjustment period" as activity slows and supply grows.
Written by the local model on 2026-09-04,
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Story summary
In August, Montreal-area home sales fell 13.1% compared to the same month last year, according to the Quebec Professional Association of Real Estate Brokers. The board attributes this decline to an "adjustment period" where the market is rebalancing due to slowing activity and growing supply. A total of 2,853 residential properties were sold in the Montreal census metropolitan area, down from 3,282 in August 2025. Despite this decrease in sales, home prices rose year-over-year across all categories, with the median price of a condominium increasing by 3.6% to $437,250 and the median price of a single-family home rising by 2.8% to $650,000.
Written for “Montreal Real Estate Market” on 2026-09-05,
grounded in this article and the 0 other(s) covering the same event.
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No political leaning scored for article 3722 · logged 2026-09-04
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 “adjustment period.”
asserted
market → fall → period
The Quebec Professional Association of Real Estate Brokers says 2,853 residential properties changed hands throughout the month in the Montreal census metropolitan area, down from 3,282 in August 2025.
asserted
properties → say → August
Camille Laberge, the board’s senior economist, says the market continues to rebalance as activity slows and supply grows.
asserted
supply → say → ?
New listings in August totalled 5,874, up 7.4 per cent year-over-year, while total inventory rose 17.8 per cent to 20,128 units for sale.
asserted
inventory → total → sale
Home prices were up year-over-year across all categories for the month, led by a 3.6 per cent increase in the median price of a condominium to $437,250.
The median price of a single-family home rose 2.8 per cent year-over-year to $650,000 in August, while the median price of a plex increased 1.7 per cent to $856,000.
asserted
price → lead → 856,000
