On the surface, Montreal’s condo market may appear to be holding up better than Toronto's or Vancouver's. As tracked by the Quebec Professional Association of Real Estate Brokers, median condo sale prices increased 6% in April 2025 compared to the same period one year prior, and active condo listings were up 8%.
Headline numbers suggest Montreal's condo market is healthier than it really is
Despite price and listings growth, city’s condo market faces hurdles as reflected in the number of mortgages in arrears, which has doubled since 2022
CoStar Analytics
May 9, 2025 | 8:28 P.M.
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