The Montreal real estate market saw its most active July since 2021, with sales climbing 9.7% year-over-year as competitive bidding continued to drive price growth across property types.
According to the Quebec Professional Association of Real Estate Brokers (QPAREB), 3,731 homes sold in July 2025, compared to 3,400 sales during the same month in 2024.
Listings on the Rise, But Demand Still Strong
New listings in the Montreal area increased 9.2% year-over-year to 5,148, while active listings were up 2% to 17,395. Despite the added supply, overbidding remained common in many transactions, although QPAREB notes that price acceleration “appears to be easing” compared to earlier this year.
Median Price Growth by Property Type – July 2025
- Plexes (2-5 units): $815,000 – up 7.9% from July 2024
- Single-family homes: $625,000 – up 6.8%
- Condos: $425,000 – up 3.4%
Montreal Outperforms Other Major Canadian Markets
QPAREB senior economist Hélène Bégin says the city’s resilience stands out against markets like Toronto and Vancouver, where sales and prices slipped earlier this year following the first wave of U.S. tariff hikes.
“Despite economic volatility, Montreal’s real estate market experienced a very active month of July and stands out positively compared to certain Canadian markets,” Bégin said.
What This Means for Buyers and Sellers
- For buyers: Increased inventory offers more options, but competitive bidding is still pushing prices higher – especially for plexes and single-family homes.
- For sellers: Market momentum and limited supply in certain neighborhoods create favorable selling conditions.
- For investors: Montreal’s continued demand growth, even amid economic headwinds, signals strong long-term market fundamentals.
References:
Canada Housing Market 
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