September: the market is shifting, not standing still
In September 2026, residential sales in the Greater Montréal census metropolitan area (CMA) were 12% lower than a year earlier, according to the Québec Professional Association of Real Estate Brokers (QPAREB), using Centris data. Active supply was 20% higher year over year, its 14th consecutive month of growth. Inventory was also 18% above the 10-year average.
These figures describe the entire Montréal CMA, not just the Island of Montréal. They also measure sales activity and listings—not a 12% drop in home prices. A slower market can give buyers breathing room without making every property a bargain.
What sellers should do
Start with comparable properties that have sold recently, then assess competing active listings in the same micro-market. An appropriately priced Brossard house and an overpriced downtown condominium may face very different demand. Good photography, accurate property documents and a clear marketing plan matter more when buyers have choices.
What buyers should do
Use the larger selection to compare location, condition, monthly ownership costs and resale appeal. For condominiums, examine fees, reserve-fund information and upcoming work. For houses, consider inspection findings and maintenance costs before negotiating.
Yucong Wang Team's perspective: September's headline is not “prices are collapsing”; it is “pricing precision and negotiation matter more.” We help buyers and sellers interpret property-specific evidence across Montréal and its suburbs rather than rely on a single metro-wide percentage.
Considering a move? Contact Yucong Wang Team for a neighbourhood-level market review.
Sources: APCIQ / QPAREB · September 2026 Montréal CMA statistics · APCIQ / QPAREB · Q3 2026 Québec and Montréal market report