Montreal-area home sales fall 3% in February while prices rise: real estate board
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Monthly Digital Subscription
$1 per week for 24 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Billed as $4.00 plus GST every four weeks. After 24 weeks, price increases to the regular rate of $19.95 plus GST every four weeks. Offer available to new and qualified returning subscribers only. Cancel any time.
Monthly Digital Subscription
$4.99/week*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Billed as $19.95 plus GST every four weeks. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
*Your next subscription payment will increase by $1.00 and you will be charged $16.99 plus GST for four weeks. After four weeks, your payment will increase to $23.99 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
MONTREAL – Quebec’s real estate board says Montreal-area home sales fell 3.2 per cent on a year-over-year basis in February as the market entered a “sales stabilization phase.”
The Quebec Professional Association of Real Estate Brokers says 3,930 residential properties changed hands throughout the month in the Montreal census metropolitan area, down from 4,058 in February 2025.
Meanwhile, home prices were up across all categories in, led by a 7.6 per cent increase in the median price of a plex to $850,000.
The median price of a single-family home rose 6.5 per cent year-over-year to $639,000 in February, while the median price of a condominium increased 2.4 per cent to $430,000.
The board’s market analysis director Charles Brant says rising inventory of unsold new condominiums between 2024 and 2025 has boosted overall supply, giving buyers more choice as the spring market approaches.
New listings in February totalled 7,629, up 13.3 per cent year-over-year, while total inventory rose 12.1 per cent to 18,695 units for sale.
This report by The Canadian Press was first published March 5, 2026.