{"id":1965,"date":"2026-08-07T08:02:51","date_gmt":"2026-08-07T13:02:51","guid":{"rendered":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/08\/07\/montreal-sales-plunge-10-is-this-the-cooling-shift-coming-for-the-gta\/"},"modified":"2026-08-07T08:02:51","modified_gmt":"2026-08-07T13:02:51","slug":"montreal-sales-plunge-10-is-this-the-cooling-shift-coming-for-the-gta","status":"publish","type":"post","link":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/08\/07\/montreal-sales-plunge-10-is-this-the-cooling-shift-coming-for-the-gta\/","title":{"rendered":"Montreal Sales Plunge 10%: Is This the Cooling Shift Coming for the GTA?"},"content":{"rendered":"<p>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. <\/p>\n<p>Senior economist H\u00e9l\u00e8ne B\u00e9gin points to a &#8220;fragile economic environment&#8221; 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? <\/p>\n<p>For a deeper look into the data and the full breakdown of the Montreal market&#8217;s &#8216;adjustment phase,&#8217; visit the original report at BNN Bloomberg.<\/p>\n<p><!-- RealEstateToday Source Article --><\/p>\n<div style=\"display:none\" data-original-url=\"https:\/\/www.bnnbloomberg.ca\/business\/real-estate\/2026\/08\/06\/montreal-area-home-sales-fall-10-in-july-amid-adjustment-phase-real-estate-board\/\"><\/div>\n<p><em>Source: <a href=\"https:\/\/www.bnnbloomberg.ca\/business\/real-estate\/2026\/08\/06\/montreal-area-home-sales-fall-10-in-july-amid-adjustment-phase-real-estate-board\/\" target=\"_blank\" rel=\"noopener\">Read the original article<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Montreal home sales dropped 10% in July as supply surges. Could this cooling trend signal a shift for the broader Canadian market?<\/p>\n","protected":false},"author":2,"featured_media":1964,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178],"tags":[182,215,316,939,398],"class_list":["post-1965","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-data","tag-gta","tag-housing-market","tag-housing-supply","tag-market-cooling","tag-real-estate-trends"],"_links":{"self":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/comments?post=1965"}],"version-history":[{"count":0,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1965\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media\/1964"}],"wp:attachment":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media?parent=1965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/categories?post=1965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/tags?post=1965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}