MONTREAL – Quebec’s real estate board says Montreal-area home sales were up 4.6 per cent in October from a year earlier.
The Quebec Professional Association of Real Estate Brokers says 3,968 properties changed hands throughout the month in the Montreal census metropolitan area, up from 3,793 in October 2024.
There were 6,568 new listings, up 7.3 per cent year-over-year. Active listings rose 7.2 per cent to 19,001, marking the third consecutive month of increased supply, which the board says is being driven exclusively by condominiums.
The board’s market analysis director Charles Brant says the market remains tight even with the inventory boost, but the Bank of Canada’s two interest rate cuts since September have helped revive demand.
Home prices continued rising last month led by a 7.6 per cent increase in the median price of a plex to $850,000.
The median price of a single-family home was up 7.3 per cent year-over-year to $632,000, while the median price of a condominium was $429,000, marking a 3.6 per cent increase.
This report by The Canadian Press was first published Nov. 6, 2025.
