The Montreal Real Estate Market

Jean-Philippe LaforgeChartered professional accountant

20 Oct 2025

Montreal Real Estate Market Analysis

Montreal’s real estate market is driven by demographic growth, international appeal, and changes in interest rates. In 2023-2024, despite rising mortgage rates, demand remains strong, especially in central neighborhoods and family-oriented boroughs.

Price trends

Property prices have remained relatively stable, with slight increases in popular neighborhoods such as Plateau-Mont-Royal, Rosemont, and Griffintown. Inventory shortages continue to favor a seller’s market, though there is a slight slowdown in sales.

Most sought-after property types

Condos and plexes (duplexes, triplexes) remain in high demand, while single-family homes are especially popular in the suburbs. Buyers are increasingly seeking outdoor spaces and proximity to public transportation.

Outlook for the coming months

A stabilization of prices and a gradual return to a more balanced market are expected, especially if interest rates remain stable or decrease slightly. Investors remain active, particularly in the rental sector, which benefits from strong demand.

The information in this article is for general purposes only and may not reflect current laws or regulations. Verify any details with a qualified professional before making decisions. Some portions may have been created with AI assistance and should be confirmed for accuracy.

Written by Jean-Philippe Laforge

Chartered professional accountant