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.