A significant cooling trend has hit the Montreal real estate market, with July sales volume dropping 10% year-over-year. According to the Quebec Professional Association of Real Estate Brokers, only 3,338 residential properties changed hands last month, down from 3,709 in July 2025. While inventory has surged by 16.6%, prices remain resilient; single-family homes rose 4% to $650,000, and plexes climbed 6.1% to $865,000.
Senior economist Hélène Bégin points to a “fragile economic environment” and shifting immigration policies as key drivers for this broad-based slowdown. For GTA investors and homeowners, this serves as a critical bellwether. As supply builds and demand tempers in other major Canadian hubs, we must ask: is this the beginning of a national market normalization?
For a deeper look into the data and the full breakdown of the Montreal market’s ‘adjustment phase,’ visit the original report at BNN Bloomberg.
Source: Read the original article
