Quebec recorded 97,214 residential property sales in 2025, an increase of 8% over 2024. According to the Quebec Professional Association of Real Estate Brokers (QPAREB), 2025 marked the province’s third-best year on record for sales after 2020 and 2021.
All three property categories posted positive results: single-family home sales increased by 8% with 63,210 transactions, condominium sales grew by 5% with 24,232 units sold, and plex sales jumped by 13% with 9,477 transactions. All of the province’s metro areas recorded sales increases, most notably in Salaberry-de-Valleyfield (+21%), Rimouski (+18%), Rivière-du-Loup (+16%), and Mont-Tremblant (+15%).
Charles Brant, QPAREB’s market analysis director, observed, “Quebec’s residential resale market demonstrated exceptional vitality in 2025 despite an economic environment marked by high uncertainty. The continued decline in interest rates, combined with the extension of the maximum mortgage amortization period from 25 to 30 years, helped support household purchasing power and maintain a high level of transactional activity throughout the year, despite a slight weakening in the fourth quarter. However, this dynamic unfolded in a context of persistently insufficient active listings, particularly for single-family homes, thus intensifying the structural imbalance between supply and demand in several markets.”
Camille Laberge, QPAREB assistant director and senior economist, added, “In larger, more mature markets, including the Montreal metropolitan area, sales remained strong despite a slight easing of supply in the condominium segment. This reflects a two-speed market, where pressure remains very strong on both single-family homes and plex properties. Across all regions, the combination of limited inventory and more favorable financing conditions exerted sustained upward pressure on prices. This situation has exacerbated the challenges of housing affordability in the Greater Montreal area and underscores the importance of a sustainable increase in residential supply to support market fluidity and improve balance over the medium term.”
