Quebec CMA Market Report - February 2026: Composite Benchmark Price Rises to $445,400

Quebec CMA (MLS® HPI) — February 2026

In February 2026, the Quebec Census Metropolitan Area (CMA) reports a composite benchmark price of $445,400, marking an 11.2% increase from February 2025's benchmark of $400,300. The market remains balanced, reflecting stable conditions for both buyers and sellers.

Market Analysis

The Quebec CMA continues to exhibit a balanced market in February 2026, with the composite benchmark price rising from $437,400 in January 2026 to $445,400 this month. This upward trend in prices indicates a steady demand for housing, despite the absence of specific sales and listing data for the current month. The year-over-year price increase of 11.2% suggests that buyers are willing to invest more in properties, likely driven by favorable economic conditions and a desire for homeownership.

Property Type Analysis

When examining property types, the benchmark price for detached homes stands at $507,800, while attached/townhouses are priced at $414,600, and apartments at $312,800. This price differentiation highlights the ongoing preference for detached homes, which typically offer more space and privacy, a significant factor for many buyers in the current market.

Regional Highlights

Regional trends indicate a consistent demand across various neighborhoods within the Quebec CMA, with particular interest in suburban areas where detached homes are more prevalent. As urban living remains attractive, the balance between urban and suburban offerings continues to shape buyer preferences, contributing to the overall stability of the market.

For Buyers

Potential buyers are encouraged to stay informed about market trends and be prepared to act quickly when suitable properties become available. With prices on the rise, securing financing ahead of time and understanding personal budget constraints will be crucial in navigating this competitive landscape.

For Sellers

Sellers are advised to take advantage of the current balanced market conditions by pricing their homes competitively. Highlighting unique features and ensuring properties are well-presented can attract serious buyers, particularly in a market where demand remains strong.