According to the July 2025 monthly report from JLR, a division of Equifax, the Montreal real estate market continues to transform, shifting from a market primarily focused on family heritage to an investment-driven one.

The analysis of sales and median price data reveals clear trends in the Montreal Census Metropolitan Area (CMA) and the Montreal Administrative Region.

Notable Growth in Sales and Prices

The best-performing segment of the market is undoubtedly income properties (2 to 5 units). In the Montreal CMA, sales volume exploded, showing an increase of 39% compared to July 2024.

The median price for this type of property followed suit, climbing by 12% to reach $803,000.

The Administrative Region showed a similar dynamic, with a 34% increase in sales and a 10% increase in the median price, which stands at $860,000.

This performance demonstrates the growing interest of investors in income-generating properties.

Single-family homes also had a strong July. Sales increased by 12% in the CMA and 22% in the Administrative Region, accompanied by a rise in median prices of 8% and 9% respectively.

In contrast, the condominium market showed more modest growth, and even a slight decline in the Administrative Region, with a 5% drop in sales. However, condominium median prices still grew in both areas.

A Warning: The Rise in Delinquencies

While growth indicators are positive, the JLR report highlights a concerning increase in real estate delinquencies.

In the Montreal CMA, pre-sale notices (préavis d'exercice) increased by 44% and legal hypothecs (hypothèques légales) by 23% compared to the previous year.

The Administrative Region saw a similar increase in pre-sale notices of 40%, suggesting increased financial pressure for some owners.

The Montreal real estate market is marked by a duality: strong growth in prices and sales volumes, particularly for income properties, but also warning signs regarding the ability of some owners to meet their financial obligations.

The full market analysis is based on data provided by JLR, a division of Equifax, an expert in residential real estate.