Montreal’s condominium market is showing signs of rebalancing in favor of buyers, according to data released Wednesday, March 5, 2026, by the Association professionnelle des courtiers immobiliers du Québec (APCIQ).
The APCIQ reported that the number of condominiums listed for sale in February jumped 20% compared to the same month last year. However, the number of actual transactions decreased by 7% over the same period.
Despite the increase in listings, the median price of condominiums has remained relatively stable, rising only 2% year-over-year. This modest price increase suggests a shift in negotiating power towards prospective buyers.
The association believes that condominium buyers are now in a more advantageous position than they have been in recent months. The data indicates a cooling effect on a previously competitive market, potentially offering more opportunities for buyers to secure favorable terms. This shift comes as the broader Quebec housing market continues to be closely watched for signs of stabilization.
The APCIQ is the leading representative body for real estate brokers in Quebec, representing over 92% of professional brokers active across 80% of the province, and encompassing more than 700 real estate agencies.
The latest residential real estate market statistics are based on data from Centris, the provincial database of real estate brokers.
