Quebec CMA Market Report - July 2026: Composite Benchmark Price Rises to $446,400

Quebec CMA (MLS® HPI) — July 2026

In July 2026, the Quebec CMA reports a composite benchmark price of $446,400, reflecting a year-over-year increase of 4.8%. The market remains balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Quebec CMA housing market continues to show resilience, with the composite benchmark price increasing from $444,600 in June 2026 to $446,400 in July 2026. This upward trend in pricing is indicative of steady demand amidst a balanced market condition. While specific sales and inventory data are currently unavailable, the year-over-year price increase suggests that buyers are willing to invest at higher price points, likely driven by favorable economic conditions and low interest rates.

Property Type Analysis

When examining property types, the benchmark price for detached homes stands at $510,400, while attached/townhouses are priced at $440,500, and apartments at $311,100. The price differentials highlight the premium associated with detached homes, which continue to attract buyers seeking more space and privacy. The overall stability in benchmark prices across property types indicates a consistent demand across the market, catering to various buyer preferences.

Regional Highlights

Regional trends indicate a steady interest in residential properties across the Quebec CMA, with the benchmark price reflecting a healthy appreciation compared to the prior year’s figure of $425,700 in July 2025. This growth can be attributed to ongoing urban development and a robust local economy, which continue to draw new residents to the area. As the market adjusts, it is essential for stakeholders to monitor these trends closely to make informed decisions.

For Buyers

Potential buyers are encouraged to act decisively in the current balanced market, as the rising benchmark prices suggest that waiting may lead to higher costs in the future. Engaging with a knowledgeable real estate agent can provide insights into available properties and help navigate the buying process effectively.

For Sellers

Sellers should consider the current market conditions as an opportunity to list their properties, especially given the year-over-year price increase. Properly pricing homes in line with current benchmarks and ensuring they are well-presented can attract serious buyers and facilitate successful transactions.