Quebec CMA Market Report for August 2026: Composite Benchmark Price at $436,100

Quebec CMA (MLS® HPI) — August 2026

In August 2026, the Quebec CMA reports a composite benchmark price of $436,100, reflecting a year-over-year increase of 4.4%. The market remains balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Quebec real estate market in August 2026 demonstrates a balanced condition, with a composite benchmark price of $436,100. This marks a notable increase from $417,700 in August 2025, showcasing a healthy appreciation in property values over the past year. The stability in the market is further underscored by the absence of drastic fluctuations in sales and inventory levels, which remain undisclosed for the current month.

Property Type Analysis

When examining property types, the benchmark price for detached homes stands at $495,900, while attached/townhouses are priced at $427,300, and apartments at $310,800. The variations in benchmark prices across these categories suggest differing demand dynamics, with detached homes typically commanding higher prices due to their larger size and desirability in suburban areas.

Regional Highlights

Regional trends indicate a consistent demand for residential properties, particularly in suburban neighborhoods where families seek more space. The overall increase in benchmark prices reflects a growing confidence in the market, as buyers continue to invest despite economic uncertainties.

For Buyers

Potential buyers are encouraged to remain vigilant and informed about market trends. With the current balanced market, buyers may find opportunities to negotiate favorable terms, especially for properties that have been on the market for an extended period.

For Sellers

Sellers should consider pricing their properties competitively to attract interest in a balanced market. Highlighting unique features and maintaining the property in excellent condition can enhance appeal, potentially leading to quicker sales.