Montreal CMA Market Report - July 2026: Composite Benchmark Price at $590,200

Montreal CMA (MLS® HPI) — July 2026

In July 2026, the Montreal CMA reports a composite benchmark price of $590,200, reflecting a year-over-year increase of 2.4%. The market remains balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Montreal real estate market continues to exhibit balanced conditions in July 2026, with the composite benchmark price slightly decreasing from June's $596,300. This stability suggests that supply and demand are closely aligned, allowing for a healthy exchange between buyers and sellers. The year-over-year increase of 2.4% in the benchmark price indicates a gradual appreciation in property values, which may be attributed to steady demand amidst a constrained supply environment.

Property Type Analysis

When analyzing property types, the benchmark price for detached homes stands at $703,000, while attached townhouses are priced at $608,400, and apartments at $439,800. Each category reflects the ongoing demand for various housing options, with detached homes commanding the highest prices, indicative of their desirability in the current market.

Regional Highlights

Regional trends indicate that the Montreal CMA is experiencing consistent growth in property values, with the benchmark price rising from $576,500 in July 2025 to the current $590,200. This upward trend underscores the resilience of the Montreal real estate market, as it continues to attract both local and external buyers looking for investment opportunities.

For Buyers

Prospective buyers are encouraged to act decisively in the current balanced market. With the benchmark price showing a modest increase, buyers should consider their options carefully and be prepared to make competitive offers, especially in sought-after neighborhoods.

For Sellers

Sellers are advised to present their properties in the best possible light to attract potential buyers. Given the stable market conditions, setting a competitive price aligned with the current benchmark can enhance visibility and lead to successful transactions.