Quebec City CMA's Listings Rise, But Market Remains Tight
The Quebec Professional Association of Real Estate Brokers (QPAREB) released April 2026 statistics. Quebec City saw more listings but continued market pressure, while Montreal's market was impacted by economic uncertainties.
The Quebec residential real estate market showed mixed signals in April 2026, with varying dynamics across its major urban areas. Statistics released by the Quebec Professional Association of Real Estate Brokers (QPAREB) indicated that economic uncertainties and household caution continued to influence sales in the Montreal Census Metropolitan Area (CMA).
In Montreal, the number of transactions saw a decline in April as buyers and sellers navigated the prevailing economic climate. Despite this slowdown, price pressures persisted due to a persistent shortage of available properties, preventing the market from fully recovering.
Conversely, the Quebec City CMA experienced a visible rise in property listings during April. However, this increase in supply was insufficient to alleviate market pressure, as strong demand continued to drive prices upward. The market showed signs of increased activity, but the ongoing scarcity of homes limited transaction volumes.
QPAREB's data for the first quarter of 2026 also highlighted regional disparities. While provincial sales showed stabilization, areas like Sherbrooke, Trois-Rivières, and Drummondville remained under pressure due to tight inventory. In Gatineau, sales declined in the first quarter as the market continued to rebalance.