Home sales in the Montreal census metropolitan area decline nearly seven per cent in May compared with the same month last year, according to local real-estate board reporting cited by multiple outlets. In May, 4,623 residential properties change hands, down from 4,962 in May 2025. The reported decrease comes as median home prices continue to rise, suggesting the market is shifting while affordability remains under pressure. One outlet attributes the softer demand to broader economic factors, including higher unemployment and slower population growth, which weigh on buyers’ ability and willingness to purchase homes. Another report notes that inventory levels are higher than in recent periods, which can increase choice for buyers even as overall sales volume drops. Taken together, the coverage indicates a market with fewer transactions but continued price strength, alongside economic headwinds affecting demand. The reports use the same general geographic area and month, focusing on year-over-year changes in sales activity and highlighting ongoing price increases.
Montreal-area home sales fall nearly 7% in May as prices keep rising
Home sales in the Montreal census metropolitan area decline nearly seven per cent in May compared with the same month last year, according to local real-estate board reporting cited by multiple outlet...
- Home sales in the Montreal census metropolitan area fall nearly 7% in May year over year.
- 4,623 residential properties sell or change hands in May, compared with 4,962 in May 2025.
- Median home prices in the area continue to rise.
- Economic pressures, including higher unemployment, weigh on home demand.
- Coverage also points to slower population growth affecting buyer demand.
4,623 residential properties changed hands in the Montreal census metropolitan area, down from 4,962 in May 2025
2 months agoMontreal-area home sales fell nearly seven per cent in May as higher unemployment and slower population growth weighed on demand despite rising inventory.
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