In 2025, the average home price in the Greater Montreal Area reached approximately $640,700, representing a 4.5% increase from 2024, making Montreal one of Canada’s strongest-performing major markets.

The condominium sector also posted gains, supported by strong population growth and relative affordability compared to Toronto and Vancouver.

2025 Residential Property Performance

Detached Homes

• Annual Average: Median detached home prices reached approximately $752,600, rising 8.1% year-over-year.

• Peak Market: Demand remained strong throughout the spring and early fall markets.

• Market Leader: Montreal Centre remained the most expensive area, with significantly higher prices than suburban regions.

Condominiums

• Annual Average: Around $488,900 across the metropolitan area.

• Growth: Condo prices increased roughly 2–4% year-over-year, reflecting steady first-time buyer demand.

• Market Trend: Urban condos remained highly popular due to affordability and lifestyle appeal.

Attached Homes (Townhomes/Plexes)

• Average Price: Plex and attached housing segments continued rising steadily, supported by investors and multi-generational buyers.

• Demand Trend: Increased immigration and rental demand supported consistent appreciation.

Market Dynamics & Forecasts

• Overall Market: Home sales increased roughly 7–8% year-over-year in 2025, showing strong buyer confidence compared to other Canadian markets.

• Average Price: Prices rose across all property categories.

• Inventory: Listings increased moderately but remained relatively tight compared to larger Canadian cities, helping support price growth.

• Neighborhood Hotspots: Premium demand continued in Montreal Centre, Plateau-Mont-Royal and Rosemont–La Petite-Patrie. More affordable opportunities remained in outer suburbs and off-island communities.

• 2026 Outlook: Forecasts by the QPAREB call for continued moderate price growth, supported by population growth, limited supply, and improving borrowing conditions.