Montreal Home Prices Reach New Heights with $687,134 Average in October 2025

Montreal's Housing Prices Surge to Record Levels in October 2025

In a remarkable turn of events, the Montreal real estate market continues its upward trajectory as the average home price reached an unprecedented $687,134 in October 2025. This marks a significant 9.1% increase from the previous year, setting a new record for the fourth consecutive month. The surge is reflective of the persistent demand and a constrained supply chain, as highlighted in the Montreal Housing Market Report. Sales have similarly risen, showing a 3.8% year-over-year increase, while new listings climbed by 7.3%, contributing to a seller's market with a sales-to-new listings ratio of 60.4%.

Strong Sales Growth Driven by Continued Demand

The Montreal market has not only shown resilience but an ability to thrive under current economic conditions. According to North Shore News, home sales in the region rose by 4.6% compared to the previous year. This spike is largely attributed to increased interest in plexes, single-family homes, and condominiums. The market benefits from Canada's broader economic trends, including interest rate cuts by the Bank of Canada, which have rejuvenated demand by making financing more accessible.

Price Increases Across Property Types Highlight Market Strength

Analyzing the price growth across various property types provides a clearer picture of the market dynamics at play. The Quebec Professional Association of Real Estate Brokers reports a 5% rise in residential sales, with single-family homes and plexes leading the charge with an 8% and 20% increase in sales, respectively. Meanwhile, condominium sales saw a 4% decline, underscoring a shift in buyer preferences. Median prices also rose, with single-family homes priced at $632,000, plexes at $850,000, and condominiums at $429,000, revealing the diverse appeal of Montreal's housing stock.

Regional Comparisons Show Montreal Outperforming Other Canadian Cities

Montreal's real estate market is outperforming other major Canadian cities such as Toronto and Vancouver, as highlighted in a report by hypotheques.ca. This is attributed to a combination of factors including limited supply, strong demand, and a favorable economic environment that bolsters consumer confidence. Montreal's strategic market positioning and manageable mortgage rates, with a 5-year fixed rate hovering around 4.04%, provide additional incentives for both local and international investors.

Market Experts Weigh In on Montreal's Real Estate Trends

Experts from RealEstateAbroad.com suggest that the Montreal market's momentum is likely to continue, given the current economic conditions and policy measures. "Montreal is demonstrating a unique resilience in its real estate sector," says Maya Tarek, Senior Analyst at RealEstateAbroad.com. "The city's ability to maintain robust sales amidst economic fluctuations speaks volumes about its strategic advantages and the strong investor interest it continues to attract."

Future Implications for Investors and Market Participants

Looking ahead, the outlook for Montreal's housing market remains positive, though not without challenges. Investors must navigate a market characterized by high demand and limited supply, making strategic analysis and timing critical. The potential for further interest rate adjustments and economic shifts will also play a key role in shaping future trends. As Montreal continues to capture the attention of both domestic and international investors, its market dynamics offer a wealth of opportunities, albeit with the need for careful consideration and strategic planning.

• Monitor mortgage rates for potential increases or cuts.
• Consider the impact of supply constraints on property values.
• Strategize investments focusing on high-demand areas.