Quebec CMA Market Report: September 2025 Shows 18% Year-Over-Year Price Increase

Quebec CMA (MLS® HPI) — September 2025

In September 2025, the Quebec CMA reports a composite benchmark price of $425,800, reflecting an 18.0% increase from $360,900 in September 2024. The market is currently balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Quebec real estate market continues to demonstrate resilience, with a significant year-over-year price increase of 18.0%. The composite benchmark price rose from $417,700 in August 2025 to $425,800 in September 2025, indicating a steady upward trend. While specific sales and inventory numbers are not available, the balanced market condition suggests that supply and demand are relatively aligned, allowing for healthy transactions without excessive pressure on prices.

Property Type Analysis

In September 2025, the benchmark prices for different property types are as follows: detached homes at $490,400, attached/townhouses at $400,700, and apartments at $291,300. The data indicates a premium for detached homes, reflecting ongoing demand in this segment, while townhouses and apartments remain more accessible options for buyers looking for affordability in the current market.

Regional Highlights

The Quebec CMA continues to attract a diverse range of buyers, contributing to the overall price growth. The balanced market condition suggests that while prices are rising, there is enough inventory to meet buyer demand, preventing extreme fluctuations. This stability is crucial for maintaining confidence among both buyers and sellers in the region.

For Buyers

Potential buyers are encouraged to act decisively in the current market, as the 18.0% year-over-year price increase indicates a trend that may continue. Buyers should consider their budget and be prepared to make competitive offers, especially in sought-after neighborhoods where demand remains strong.

For Sellers

Sellers in the Quebec CMA should take advantage of the current balanced market conditions. With a significant increase in benchmark prices, now may be an opportune time to list properties. Sellers are advised to present their homes well and price them competitively to attract serious buyers.