Quebec CMA Real Estate Market Report - December 2025

Quebec CMA (MLS® HPI) — December 2025

In December 2025, the Quebec CMA's composite benchmark price reaches $435,700, reflecting a robust year-over-year increase of 16.9%. The market remains balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Quebec CMA continues to demonstrate resilience in its real estate market, with the composite benchmark price rising from $422,700 in November 2025 to $435,700 in December 2025. This upward trend is indicative of strong demand amidst a balanced market condition, where supply and demand are relatively equal. Although specific sales and listing data are currently unavailable, the year-over-year price increase suggests that buyers are willing to invest in properties despite potential economic uncertainties.

The absence of detailed sales and inventory metrics complicates a comprehensive analysis of supply and demand dynamics. However, the consistent price appreciation over the past year, from $372,700 in December 2024 to the current benchmark, highlights a sustained interest in homeownership within the region. This trend may be attributed to factors such as low mortgage rates and a growing population, which continue to fuel demand for housing.

Property Type Analysis

In December 2025, the benchmark prices for different property types are as follows: detached homes at $499,300, attached/townhouses at $408,300, and apartments at $298,600. The significant price difference between detached homes and apartments indicates a strong preference for larger living spaces, likely driven by families seeking more room as remote work trends persist.

While specific sales data is not available, the higher benchmark price for detached homes suggests they remain a sought-after option for buyers looking for stability and space. Conversely, the lower benchmark for apartments may attract first-time buyers or investors looking for more affordable entry points into the market.

Regional Highlights

The Quebec CMA's real estate landscape reflects broader regional trends, with urban areas experiencing more pronounced price increases compared to rural locales. This urban demand is likely fueled by ongoing migration towards city centers, where amenities and employment opportunities are concentrated. As the population continues to grow, the demand for housing in these areas is expected to remain strong, contributing to further price appreciation in the coming months.

Additionally, the balanced market condition suggests that while buyers are active, sellers are also encouraged to enter the market, creating a healthy turnover of properties. This equilibrium is crucial for maintaining stability in pricing and ensuring that the market does not swing too far in favor of either buyers or sellers.

For Buyers

Prospective buyers are advised to remain vigilant in monitoring market trends and be prepared to act quickly when suitable properties become available. With the current benchmark price reflecting a significant increase year-over-year, buyers should consider their financial readiness and explore mortgage options to secure favorable rates. Engaging with a knowledgeable real estate agent can provide valuable insights into the best neighborhoods and property types that align with their needs.

For Sellers

Sellers in the Quebec CMA should capitalize on the current balanced market conditions by pricing their homes competitively. Given the year-over-year price increase, now may be an opportune time to list properties, especially if they are well-maintained and located in desirable areas. Working with a real estate professional can help sellers navigate pricing strategies and marketing efforts to attract potential buyers effectively.