Montreal-area home sales fall 7% in April as rising prices weigh on demand: board
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Quebec’s real estate board says Montreal-area home sales fell seven per cent on a year-over-year basis in April as buyers continue to show “a certain degree of caution.”
The Quebec Professional Association of Real Estate Brokers said 4,744 residential properties changed hands throughout the month in the Montreal census metropolitan area, down from 5,102 in April 2025.
Demand is being held back by economic uncertainty and high price levels, said Camille Laberge, the board’s assistant director and senior economist. Prices “continue to pose a significant affordability challenge,” especially for first-time buyers.
“April’s data confirm the slowdown in sales in Montreal, which are now close to the historical average, even as the market enters its most active period of the year, with April and May typically setting the tone for the season,” Laberge said in a news release.
Home prices were up across all categories for the month, led by a 3.7 per cent per cent increase in the median price of a plex to $865,000.
The median price of a single-family home rose 3.2 per cent year-over-year to $645,000 in April, while the median price of a condominium edged up 0.2 per cent to $425,000.
Activity has declined year-over-year in every month so far in 2026 except for March. The board said conditions have gradually eased in recent months, but the market continues to favour sellers.
“Consumer confidence has weakened in a context marked by a slowdown in the Quebec economy and inflation that could accelerate due to ongoing geopolitical uncertainties, whether related to the conflict in the Middle East or the trade environment with the United States,” said board market analysis director Charles Brant.
“These factors are prompting many households to take a step back before proceeding.”
New listings in April totalled 8,241, up 9.1 per cent year-over-year, while total inventory rose 14.9 per cent to 20,959 units for sale.
This report by The Canadian Press was first published May 6, 2026.