Top 10 Real Estate Trends Shaping Montreal in 2025

Montreal’s real estate market is buzzing with activity in 2025, driven by shifting buyer preferences, economic forces, and urban development. Whether you're a homeowner, investor, or first-time buyer, understanding these trends can help you navigate the city’s dynamic housing landscape.

1. Seller's Market Intensifies

Montreal’s sales-to-new-listings ratio (SNLR) hit 78% in June 2025, confirming a strong seller’s market. Homes are selling faster and often above asking price.

2. Rising Property Prices

Property Type

Median Price (June 2025)

YoY Change

Single-Family Homes

$627,000

+7.6%

Condominiums

$426,494

+6.4%

Plexes (2–5 units)

$830,000

+6.8%

Prices are climbing steadily, with single-family homes reaching record highs.

 

3. Inventory Remains Tight

Active listings are down 3% year-over-year, limiting buyer options and fueling competition.

 

4. Suburban Migration

Areas like Saint-Bruno, Mirabel, and Boisbriand are seeing increased demand due to affordability and lifestyle appeal.

 

5. Construction Slowdown

New housing starts have dropped significantly since 2022, contributing to supply constraints and price pressure.

 

6. Work-from-Home Influence

Buyers are prioritizing larger condos and homes with dedicated office space. Developers are responding with more 2–3 bedroom units.

 

7. Investor Interest in Multiplexes

Multiplexes are hot commodities, driven by strong rental demand and rising rents. Investors are targeting 2–5 unit plexes for long-term gains.

 

8. Lower Mortgage Rates

The Bank of Canada’s rate cuts have made borrowing more affordable, boosting buyer confidence and market activity.

 

9. Immigration and Population Growth

Montreal continues to attract newcomers, increasing housing demand—especially in affordable and family-friendly neighborhoods.

 

10.  Urban Revitalization Projects

Infrastructure upgrades and neighborhood revitalization (e.g., Ville-Marie’s surge in sales) are enhancing property values and livability.

 

Montreal’s real estate market is evolving rapidly, with opportunities and challenges for every type of buyer and seller.