Montreal home sales fell 13% in August as market goes through ‘rebalancing,’ real estate board says

Read the original at The Globe and Mail ↗
Cite

Montreal home sales fell 13% in August as market goes through ‘rebalancing,’ real estate board says. (2026, September 4). The Globe and Mail. https://www.theglobeandmail.com/business/article-montreal-home-sales-fell-13-in-august-as-market-goes-through/

Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.

The Globe and Mail · collected 2026-09-04

Quick Summary

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 locally by qwen2.5:14b on 2026-09-04, using this article's own text rather than the other coverage of the same event (that is the story summary below).

AI analysis runs on qwen2.5:14b, locally

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 2026-10-21, grounded in this article and the 0 other(s) covering the same event.

Story

📰 Montreal Real Estate Market
Economy/Business · 1 article(s) covering the same event.

Compared with similar articles

Nothing to compare against. No article is close enough to this one for the pipeline to have linked or judged the pair.
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
5
sentences that state something as happening or true
Uncertain
0%
0 of 5 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
53/100
The Globe and Mail's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-04 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

The Globe and Mail · 850 article(s) · 28 correction(s) detected
Running correction rate · 28 correction(s)
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Who wrote this

No reporter is named on this article.

Topics

Montreal The Quebec Professional Association of Real Estate Brokers

Subjects

Montreal GPE · 2× Camille Laberge PERSON · 1× The Quebec Professional Association of Real Estate Brokers ORG · 1×

Narrative

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.
framing: assertive · carried by 1 article(s) · first seen 2026-09-04
2026-09-04 · The Globe and Mail
Montreal home sales fell 13% in August as market goes through ‘rebalancing,’ real estate board says · assertive framing

Claims (5 extracted, 0 hedged)

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
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