Montreal CMA Market Report - April 2026: Composite Benchmark Price at $594,400

Montreal CMA (MLS® HPI) — April 2026

In April 2026, the Montreal Census Metropolitan Area (CMA) reports a composite benchmark price of $594,400, reflecting a year-over-year increase of 3.6%. The market remains balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Montreal CMA continues to demonstrate a balanced market, with the composite benchmark price slightly decreasing from $595,200 in March 2026 to $594,400 in April 2026. This minor decline suggests a stabilization in prices after a period of growth, as the market adjusts to current economic conditions. The year-over-year increase of 3.6% in the benchmark price indicates ongoing demand, despite the lack of available sales and listing data for the current month.

Property Type Analysis

In terms of property types, the benchmark price for detached homes stands at $707,700, while attached/townhouses are priced at $615,100, and apartments at $440,000. The higher benchmark for detached homes reflects their continued desirability, although specific sales data is not available this month to provide insights into buyer preferences across these categories.

Regional Highlights

Regional trends within the Montreal CMA show a consistent demand for residential properties, particularly in suburban areas where families seek larger homes. While the overall market remains balanced, certain neighborhoods may experience variations in demand, influenced by local amenities and transportation access. The absence of new listings this month may contribute to upward pressure on prices as buyers compete for limited inventory.

For Buyers

Potential buyers are advised to remain vigilant and prepared to act quickly when suitable properties become available. Given the current market conditions, it is essential to have financing pre-approved and to be ready to make competitive offers, especially in sought-after neighborhoods.

For Sellers

Sellers should consider pricing their homes competitively to attract buyers in a balanced market. With the benchmark price showing a year-over-year increase, this may be an opportune time to list properties, particularly if they are well-maintained and located in desirable areas.