Montreal home sales rose nearly 10% in July as over-evaluation led to price increases

Quebec Association of Professional Realtors said 3,731 homes changed hands, compared with 3,400 sales in July 2024.
There were 5,148 new listings across the Montreal area last month, up 9.2% from the same period last year, as active listings rose 2% year-on-year to 17,395.
The board said over-business prices continued to rise in the month, although the price increase “seems to be relaxing.”
Prices for PLEX, which had a year-on-year increase of 7.9%, rose by $715,000, followed by a 6.8% increase in single-family homes to $625,000. The median price of apartments rose 3.4% to $425,000.
Despite the economic volatility, the property market in Montreal “has experienced very active July, with sales and prices such as Vancouver and Toronto falling in the first wave of the first wave compared to some Canadian markets, said Hélène Bégin, senior economist on the board.
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Last modified: August 7, 2025