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Montreal Condo Prices Rise 6.1% as Overall Sales Jump

Les prix des condos à Montréal augmentent de 6,1 % alors que les ventes globales grimpent

Monte Stewart May 14, 2025 2 min read
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Montreal Condo Prices Rise 6.1% as Overall Sales Jump
AI Article Summary

Montreal's condo market experienced a 6.1% price increase in April, with the median price reaching $424,500. The single-family home market also saw an 8.7% increase to a median of $625,000, largely attributed to eased mortgage rules and declining interest rates. The South Shore has become the most expensive suburban area, overtaking Laval. Overall sales in April rose 10%, supported by incentives and favourable market conditions.