Montreal Condo Sales Decline 7% in April

News| May 23, 2026| Monte Stewart

Condominium sales in the Montreal Census Metropolitan Area fell 7% year-over-year in April, as overall residential transactions declined amid economic uncertainty and ongoing affordability pressures, according to the Quebec Professional Association of Real Estate Boards.

The association reported that 4,744 residential transactions across the Montreal CMA in April 2026, down 7% from April 2025 but still close to the 10-year historical average.

Single-family home sales also declined 7% year-over-year, while plex sales dropped 9%.

All six major geographic sectors of the Montreal CMA posted lower sales activity. Vaudreuil-Soulanges recorded the steepest decline at 17%, followed by Saint-Jean-sur-Richelieu at 11%. Montreal’s South Shore experienced the smallest decrease at 4%.

At the same time, active listings continued to rise, increasing for a ninth consecutive month to 20,959 properties in April. Condominium listings posted the largest increase, up 21% from a year earlier, followed by single-family homes at 9% and plexes at 10%.

Market conditions continued to ease, although sellers generally retained the advantage across most property categories. Condominiums on the Island of Montreal showed more balanced market conditions.

Median prices continued to rise modestly for single-family homes and plexes. The median price for a single-family home reached $645,000, up 3% year-over-year, while plexes climbed 4% to $865,000. Condominium prices remained unchanged at $425,000.

The average number of days on market fell to 34 days for single-family homes and 45 days for plexes. Condominiums, however, spent longer on the market, averaging 50 days, an increase of six days from April 2025.

“April’s data confirm the slowdown in sales in Montreal, which are now close to the historical average, even as the market enters its most active period of the year, with April and May typically setting the tone for the season,” said Camille Laberge, QPAREB’s assistant director and senior economist. “Demand is being held back by the current economic uncertainty as well as by the high price levels in Montreal, which continue to pose a significant affordability challenge, particularly for first-time buyers.”‘

QPAREB has observed “a certain degree of caution among buyers since early 2026” amid weakened consumer confidence, a slowdown in the Quebec economy and inflation that could accelerate due to ongoing geopolitical uncertainties tied to the conflict in the Middle East or the Canada-U.S. trade environment, said Charles Brant, QPAREB’s market analysis director.

“These factors are prompting many households to take a step back before proceeding with a real estate project,” he added.

Laberge said the provincial government’s announced changes to the welcome tax, a land-transfer tax that all buyers must pay, could provide some support to certain first-time buyers in coming months, while the more balanced condo market could also partially help housing affordability.

Pictured: Buildings in Montreal.

Photo: Liam Hill-Allan/Shutterstock.com

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