In October, the sales slowdown continued in Greater Montréal: fewer transactions than a year ago, even more properties for sale and median prices that held steady or edged up depending on the property type. Here are the highlights of the APCIQ statistics (Centris data) for the Montréal CMA, and what they could mean for you.
3,252 residential transactions were completed in the Montréal metropolitan area in October, down 18% from October 2025. That is about 13% below the 10-year average for the month. On the supply side, there were 21,817 active listings at month end, up nearly 20% from a year earlier. Plexes posted the largest increase in inventory, followed by single-family homes (+22%) and condos (+14%).
Median prices are holding up despite slower sales. The single-family median rose 2% year over year, while condo and plex medians remained stable; for plexes, median price growth has moderated since August. On average, single-family homes sold in 36 days, plexes in 46 days and condos in 56 days.
The largest increases in inventory were in Saint-Jean-sur-Richelieu (+34%), on the North Shore (+30%) and on the South Shore (+30%). On the Island of Montréal and in Laval, relatively more affordable areas are taking a growing share of sales. According to the APCIQ, the market generally still favours sellers, with the exception of condos on the Island of Montréal, where central markets remain in oversupply.
The APCIQ points to the recent rise in five-year fixed mortgage rates, as well as the key interest rate increase announced by the Bank of Canada at the end of October. Rates offered by lenders also depend on other factors (bond yields, borrower profile): a pre-approval is still the best way to find out your actual rate and budget.
Buyers: with far more inventory than a year ago, you often have more choice to visit, compare and negotiate, especially for condos in the central areas of the Island of Montréal. According to the APCIQ, however, the market generally still favours sellers: an up-to-date mortgage pre-approval and a well-prepared offer are still important. Sellers: competition between properties has intensified, particularly where inventory has grown the most. An asking price in line with recent sales in your area and good presentation make a real difference. Every area and every property type moves at its own pace: a personalized comparative market analysis will give you an accurate picture of your situation.
I can prepare a personalized analysis of your area, in English, French or Arabic.
Book an appointmentNot across the board. In October 2026, the median price of a single-family home in the Montréal CMA rose 2% year over year, while condo and plex medians remained stable. The picture does vary by area and property type, however.
According to the APCIQ, the market generally still favours sellers, even as it loosens: sales are down and active listings have risen nearly 20% in a year. The exception is condos in the central markets of the Island of Montréal, where supply remains in surplus.
In October 2026, it took an average of 36 days to sell a single-family home, 46 days for a plex and 56 days for a condo in the Montréal CMA.
General information only, not financial advice. Figures rounded as published by the sources.
