Montreal home sales fall as supply climbs for 11th month
A contrast with Quebec City’s momentum
The Montreal data stands in sharp contrast to conditions in Quebec City, where 903 residential sales were completed in June 2026 – a 12% increase from a year earlier, according to QPAREB.
Active listings in the Quebec City CMA rose 23% to 2,170 units, reflecting the third consecutive month of inventory growth in that market.
Unlike Montreal, Quebec City has benefited from a tighter supply-demand balance, lower unemployment, and stronger price growth.
The divergence between the province’s two largest markets is a reminder that Quebec’s housing landscape is not uniform, and that broker strategies effective in one corridor may require meaningful adjustment in another.
QPAREB is expected to release a more detailed Q2 2026 barometer in the coming days, which will provide additional analysis on transaction activity, median prices, and sectoral and regional variations across the province.
