Quebec CMA Real Estate Market Report - January 2026: Benchmark Price Rises 14.8% Year-Over-Year

Quebec CMA (MLS® HPI) — January 2026

In January 2026, the Quebec Census Metropolitan Area (CMA) reports a composite benchmark price of $437,400, reflecting a significant 14.8% increase compared to January 2025. The market remains balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Quebec CMA's real estate market demonstrates robust growth, with the composite benchmark price rising from $381,000 in January 2025 to $437,400 in January 2026. This increase underscores a continued demand for housing in the region, despite the absence of specific sales and listing data for the current month. The balanced market condition suggests that supply and demand are relatively equal, providing a stable environment for transactions.

Property Type Analysis

In terms of property types, detached homes have a benchmark price of $491,300, while attached/townhouses and apartments are priced at $409,000 and $322,200, respectively. The notable price increase across all categories indicates a strong demand for various housing options, with detached homes maintaining the highest benchmark, reflecting their desirability in the current market.

Regional Highlights

The Quebec CMA continues to experience a dynamic real estate landscape, characterized by rising prices across all property types. This trend is indicative of broader economic factors at play, including population growth and increased interest in homeownership, which are likely contributing to the heightened demand for housing in the region.

For Buyers

Potential buyers are advised to act promptly in the current market, as the rising benchmark prices indicate a competitive landscape. Engaging with a knowledgeable real estate professional can provide valuable insights and help navigate the available options effectively.

For Sellers

Sellers in the Quebec CMA should consider leveraging the current market conditions to maximize their returns. With benchmark prices on the rise, presenting properties in optimal condition and pricing them strategically can attract serious buyers and facilitate successful transactions.