Retail sales in Montreal increased by about $1.3 billion between December 2021 and October 2025, according to the latest available data from Statistics Canada. While growth has been flat when these figures are adjusted for inflation, a few roadblocks that have weighed on Montrealers’ ability to spend appear to be fading in a trend that could help support future retail activity — and retail real estate.
CoStar Insight
Montreal retail sales remain subdued, but better days could be ahead
Headwinds limiting personal consumption appear to be fading
CoStar Analytics
January 5, 2026 | 12:10 P.M.
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